RE/MAX Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Economists had expected the real estate industry to remain healthy throughout the year 2020. After the COVID-19 pandemic, this sector will hit the ground running, raking in revenues. And if you want to gain traction in the real estate market, it’s high time you buy a brokerage franchise. One esteemed business name that comes up is RE/MAX. And in this article, we’ll dig deeper into the actual RE/MAX franchise cost.
Table of Contents
RE/MAX Franchise Wiki
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Founded in 1973, RE/MAX has since developed several real estate brokerage offices worldwide. The company boasts of the INTEGRA culture, hence, the RE/MAX INTEGRA distinction.
This family-owned business empowers up-and-coming entrepreneurs to make a name in the real estate industry. This revered company allows agents maximum freedom with RE/MAX as their guide and support. Since then, they have offered several franchises in the U.S., Ontario, American Midwest, New England, Europe, and more.
To date, there more than 2,750 offices and 120,000 agents in over 100 countries. In fact, RE/MAX accounts for 30 percent of the total global real estate network. Now that I have your attention, let’s delve into the actual RE/MAX franchise cost.
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RE/MAX Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
RE/MAX Franchise Cost
| Estimated Initial Investment | ||
| Name of Fee | Low | High |
| Initial Franchise Fee | $10,000 | $25,000 |
| Office Set-Up | $3,500 | $70,000 |
| Exterior Office Signage | $500 | $10,000 |
| Furniture, Fixtures, and Equipment | $5,000 | $41,000 |
| Inventory and Supplies | $500 | $4,000 |
| Training Fees and Expenses | $3,000 | $5,000 |
| Miscellaneous Opening Costs | $2,000 | $16,000 |
| Additional Funds – 3 months | $15,000 | $50,000 |
| ESTIMATED TOTAL | $39,500 | $221,000 |
RE/MAX Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
RE/MAX Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
How to Apply For RE/MAX Franchise
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To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
RE/MAX Franchise Contact details
Website
FAQ
Is it profitable or not?
Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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