SellSmart Real Estate Franchise
Real estate
New real estate business models and technology providing consumer access to information is changing the real estate business for Brokers, Salespersons and Mortgage Lenders.
A recent survey indicated that approximately 70% of consumers stated that they wanted a discount fee structure without compromising the service that an experienced broker may offer. SellSmart® is on target with the answer - a comprehensive system to satisfy the expectations of today's consumer. Informed consumers are the driving force behind industry changes.
Today’s savvy consumer knows there are more options available than the traditional real estate brokerage firms. As home prices have far outpaced the consumer price index, commissioned brokers who increase their profit margins without offering additional value and service to the consumer are at a disadvantage for acquiring new listings. In fact, with increased online access to information, consumers end up performing many of the searches themselves.
Widely recognized for its consumer-driven business model, SellSmart provides home sellers with professional expertise throughout the entire cycle of home selling, and the BuySmart® program offers buyer services and incentives. SellSmart is capitalizing on the market efficiency and economic benefits that are available through online media by passing those savings onto the consumer.
Start-up Costs & Franchises Fees
What is the total cost to open a SellSmart Real Estate Franchises?
Total Cost: $23,500-$53,600
Total Franchise Fees: $14,950
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 5 years
Franchise Agreement Renewal Fee: $500
Contact Information for SellSmart Real Estate
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SellSmart Real Estate |
Phone Number: (866)225-6905 |
SellSmart Real Estate In the Press
No results at this time.Historical Expansion
In what year did SellSmart Real Estate begin operations? 2001
When did SellSmart Real Estate begin selling franchises? 2004
Year United States Canada International Corporate 2007 40 0 0 2
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Training
* Available at headquarters: 3 days
* Regional seminars: 1-3 days
Franchise Operation Restrictions
* 20% of all franchise business owners own more than one franchise location.* Number of employees needed to run franchised unit: 2 - 3
* Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease 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.
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