The owners, who previously operated two
other franchise brokerages during the last 25 years, say they were looking for an organization that would service its real estate franchise network the way a successful broker needs to service its sales team.
Not exact matches
Ajay Shah, broker of record at HomeLife Miracle / Realty in Toronto (which with 825 sales reps is one of the
franchise's largest members), is impressed with the steps the company takes to help brokers thrive, rather than «shutting out the
brokerage» like some
other franchises, he says.
What the Brookfiled / Lepage front man has left out of this discussion is it's direct ownership of
Brokerages that themselves, naturally compete against
other Franchises, especially since TREB is allowed to operate the way it does because this places Lepage Corporate in direct and in undeniable competition for recruiting agents across Ontario.
«After working for
others for a long time, we decided to go out and form our own
brokerage about two years ago,» recounts Ed Blake, salesperson / owner of RE / MAX Advantage in Salt Lake City, whose
franchise affiliation dates all the way back to May 1, 2002.
Mr. O'Neil if we were to assume two identical
brokerages were for sale, one a
Franchise Brand user and the
other an Independent (just like your
brokerage), what value would the
Franchise Brand alone add to the appraised value of the business?
In
other words, you sell
brokerages but your own
brokerage is an independent, I am assuming if there was any real value in a Brand affiliation in 2014 as a smart businessman, you would have bought the best
Franchise Brand you could but have not.
In
other words, we are in the same business as our over 600
franchise brokerages.
As broker / owner of Executive Flat Rate Realty, http://www.FlatRateCanada.ca here in Edmonton, (by the way we are on the verge of
franchising), i think that the opening and more competetiveness of
brokerages being allowed to compete without the restrictions of CREA's 3 Pillars and
other restrictions is the best thing to happen for the consumer and for
brokerages who wish to operate in this model.
As a real estate broker, you're affiliated with two key brand identities — your office's brand (whether independent or
franchised) and the REALTOR ® brand, shared with thousands of
other brokerages.
Elle Davis, Eve Chapman, Corrie Sue Marshall, Barbara Beers and
others who chose to operate under a
franchise brand of their choice all were allowed to grow and florish as business women without owning their own
brokerage.
If the
brokerage is going to do business under a name
other than its legal name, the trade name or
franchise name must be registered with the Registrar of Companies in Victoria prior to licensing.
Everything I see & hear is about how
other brokerages offer little / no support for it's agents, and / or owners getting no support from their
franchise to help their offices grow and prosper.
REAL Trends 500 Keller Williams had more offices (151) represented on top real estate
brokerages list than any
other franchise
In short RE / MAX sells more homes in Calgary than any
other franchise or
brokerage.
Keller Williams had more offices (151) represented on top real estate
brokerages list than any
other franchise
Intergalactic Pied Pipers Inc. announced that, having
franchised the last remaining independent
brokerage on Earth, it has shifted its marketing focus to
other planets.
RE / MAX head office can not give you this advice because of it's
franchise agreements with all it's
other brokerage owners.
The Real Estate Network (REN) was launched in March 2012 to support the opportunity for content owners to advertise listings on websites operated by real estate
franchises and
other brokerage network organizations.
Finally do not ever Syndicate full property details or photos to any website
other than: your own personal site your
brokerage site (this is optional and only if you are assured of getting your own leads) your
franchise site (again only if you get the leads direct with no filter)