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Realty Executives
2398 E. Camelback Rd., # 900
Phoenix, AZ 85016
800#: (800) 252-3366
Tel: (602) 957-0747
Fax: (602) 224-5542
E-Mail: [email protected]
Web Site: www.realtyexecutives.com
Contact: Mr. William A. Powers, Chief Operating Officer
The originators of the 100% Commission Concept. Awarding franchises to use the REALTY EXECUTIVES' name.
Franchisor Background
Established: 1965
First Franchise: 1987
Franchise Units: 70
Company-Owned Units: 0
Total Units: 70
Distribution:
U.S. -- 70;
Canada -- 35;
International -- 25
-North America -- Operations in 45 States, 5 Provinces
-States/Provinces with Greatest Density: NR
Projected New Units Over Next 12 months: 150
Franchisee Qualifications: 4, 5, 5, 2, 3, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 1 FT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $25K
Total Investment: $25-82.5K
Average Total Investment: $51.3K
Minimum Net Worth: $30-50K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: $35-50/Agent/Mo
-Advertising: $5-10/Agent
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: Yes/5
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 12
On-Going Support: G,h,I (Click here for an explanation)
Training: 4 Days at Company Headquarters in Phoenix.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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