The growing business of real estate franchise opportunities in the UK is due to the growing demand for rental properties, as the population grows and immigration increases as house building fails to keep up with demand.
The best real estate companies offer a complete system for a new recruit to get trained and supported, to run and grow a successful business, from home or from a dedicated high street office.
The companies usually have a successful business that they have used as the model in other areas or territories and rather than try to expand and manage the business into other regions, they look for quality recruits to help with expansion, this is especially true of commercial franchise businesses as well as traditional businesses.
So when people are looking at buying a real estate type or looking to find real estate agency options, what they are doing is helping the initial business expand, whilst taking on and sharing the business risk.
For example, opportunities based in the south east of the UK are hardly likely to want to expand into the north, yet by setting themselves up as the best companies can grow into areas that would just not have worked as a private concern due to the distances and the decentralised management model required.
So many opportunities are an opportunity for new people to share in the past success of the company’s systems and processes including training and support, to ensure the business has a clear model to follow.
The difference between a commercial and a real estate agency franchise comes from scale and the methods required to attain new landlords and tenants, as obviously, the size and scope of a large lease on a shopfront in a major high street or an office building is a different process to finding listing and managing houses and flats.
The skills required to run businesses should be familiar, although most of the systems should be part of the overall package, so when buying a one or looking to get involved with opportunities, you should think if you are suited, as many options may require the franchisee to have had previous contractual or consultative selling experience in the commercial arena before.
Look at where the real estate franchise opportunities are based when they started out as this may also give clues as to the style of property management or real estate area to focus your business on.
Or you could request the free information pack from Approved Franchises, which will provide a free information pack of the best opportunities available. Fill in the short form and receive multiple quotes that could help find the franchise that could be perfect for you.