The franchise offered is to operate a real estate brokerage business.
Company Background
Real Living Real Estate is a leading franchisor of real estate brokerage businesses. We are the only company to offer a franchise where you can operate your own business with an existing, proven system and support from experts in the industry.
Franchise Opportunity
Buying or selling a home can be a very stressful process. You may not know where to start, what to do, or who to trust. There are so many choices and it's hard to know which one is the right fit for you. Real Living Real Estate is here to help. We are a trusted brand with over 20 years of experience in the real estate industry. With our resources and support, we will help make your home buying or selling experience as smooth and stress-free as possible.
Corporate Structure
Real Living Real Estate, LLC is a limited liability company formed in Delaware on December 3, 1999 under the name GMAC Real Estate, LLC. They changed their name in November 2009 to their current name, Real Living Real Estate, LLC. Their principal business address is 18500 Von Karman Avenue, Suite 400, Irvine, California 92612.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Real Living franchise business ranges from $32,345 to $198,021. This includes $20,000 for the first office in a market area. Each additional location is $2,500 and each restricted purpose location is $1,000 in that market area and must be paid to the franchisor.
Franchisee Attrition
3 /10
This franchise's rate of attrition in 2016
of 9.05%
was
Slightly Higher
than the 7% in the Real Estate industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Real Living Real Estate Franchisees
Real Living Real Estate Franchise System Development in 2016
FAQ
How much investment do I need to start my own Real Living Real Estate business?
Franchisees typically require at least
$32,345 to
$198,021 investment to get their
Real Living Real Estate business started
What are the initial franchise fees for Real Living Real Estate?
Franchisees typically need to pay at least
$20,000 in fees directly to
Real Living Real Estate in order to earn the right to launch their business
How much money can I make with a Real Living Real Estate franchise? What are
the average revenues for a typical Real Living Real Estate business?
We haven’t done the math on how much revenue a typical
Real Living Real Estate brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$0 revenue, so we would expect
Real Living Real Estate to generate a similar amount
How long do I need to commit to running a Real Living Real Estate unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
1 /10
The Franchisor's investment costs ranges from
$20,550 to $255,800
which is
Much Lower
than the $80,592 to $237,962 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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