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Realty Executives International
 

The originators of the 100% Commission Concept. Awarding franchises to use the REALTY EXECUTIVES' name.

Franchisor Background

Year Established:

  1965

Franchising Since:

  1987

Operating Units:

Franchised Units:70 100%  
Company-Owned Units:0 0%  
 ______ _____  
Total Operating Units:70 100%  
 

Geographic Distribution:

U.S.:64 91.4% In 45 States
Canada:3 4.3% In 5 Canadian Provinces
International:3 4.3% In 0 Foreign Countries
 ______ _____  
Total:70 100%  
 

North America:

States/Provinces with the largest number of operating units:
DensityUnits    

Registered in Following Registration States:

  

Financial Requirements

Investment:

Minimum Net Worth:$30-50K
Cash Investment:$25K
Total Investment:$25-82.5K
Average Total Investment:$51K
 

Fees:

Initial Franchise Fee:$15K
Average Franchise Fee:$15K
On-Going Royalty:$35-50/Agent/Mo
Average Royalty:-1%
Advertising Fee:$5-10/Agent

Average Number of Employees:

   1 Full-time, 0 Part-time

Space Needs (in square footage):

   N/A

Preferred Sites:

  

Other Sites:

  

Encourage Conversions?

   Yes

Earnings Claims Provided?

   No

Listed in the SBA Registry?

   No

Support and Training

International Franchise Association:No
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff:12
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 

Marketing Support:

Co-Op Advertising:No
National Advertising:No
Regional Advertising:No
Local Advertising:No
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:None Specified
 

On-Going Support:

Central Data Processing:Not Applicable
Central Purchasing:Not Applicable
Field Operation Evaluation:Not Applicable
Field Training:Not Applicable
Initial Store Opening:Not Applicable
Inventory Control:Not Applicable
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 

Training:

1. Company Headquarters in Phoenix4 Days
 

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):
 
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:5
Formal Education:2
Psychological Profile:3
Personal Interview(s):4

Minority Representation

Units Owned by Minorities:

African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority:N/A

Terms of Contract

Term of Initial Contract:5 Year(s)
Term of Renewal Period:5 Year(s)
Passive Ownership:Allowed
Area Development Agreements?Yes, for 1 Year(s)
Sub-Franchising Contracts?Yes
Franchisees Allowed to Expand Within Territory?Yes

Expansion Plans

Projected New Units Over Next 12 months:

   150
U.S.:Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
 
 
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