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Thursday
Jun032010

Red Carpet Real Estate Franchise

Real estate

Owning a Red Carpet Real Estate franchise gives you the unique opportunity to build a real estate company with unrivaled name recognition, corporate support, and market-changing technology while maintaining that crucial entrepreneurial mindset. Red Carpet Real Estate is an organization with freedom and flexibility to offer our Broker/Owners the best opportunity to successfully recruit Sales Associates and dominate their respective real estate markets.

Red Carpet Real Estate serves our members. We are committed to the professional development of all of our members. Our state of the art collateral marketing tools and technology equip our members to serve the consumer. Our powerful brand name positions us in the customers' minds, as a leader in the real estate industry.

From recruiting support, agent retention, sales rallies, sales and marketing training, broker support to the latest in technology, today's real estate agents are attracted to the Red Carpet name. Our unique lead generating programs allow our offices to offer in house buyer and seller leads. Agents at Red Carpet are provided with the most up-to-date marketing focused sales training programs.

We pride ourselves in the latest state-of-the-art sales tools. Due to our rapidly changing industry, it is more important than ever before to be associated with a corporation that will successfully lead you into the future. Red Carpet Real Estate has been a leader in real estate for more than 40 Years.

Start-up Costs & Franchises Fees

What is the total cost to open a Red Carpet Real Estate Franchises?

Total Cost: $36,000 USD
Total Franchise Fees: $9,500
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: 0.5%
Term of Agreement: 5 years +7or10

Contact Information for Red Carpet Real Estate

Homelife Inc.
189 E. Big Beaver # 209
Troy, MI
48083

Phone Number: (248) 680-7300
Toll Free: (800) 355-0744
Fax Number: (248) 680-3014

Franchise Homepage:

Historical Expansion

In what year did Red Carpet Real Estate begin operations? 1966
When did Red Carpet Real Estate begin selling franchises? 1970

Year United States Canada International Corporate
2008 69 0 0 0

Future Expansion

United States: Nationwide

Training & Support

Training
Meetings Quarterly
Support
Field Training


Franchisee In the Pressletter


Regional or National Meetings

Franchise Operation Restrictions

Average Number of Employees: 5 Full-time, 0 Part-time

Passive Ownership: Allowed, But Discouraged

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.