If you’re interested in joining the property and real estate sector, you might be interested in finding out more about some of the industry’s biggest players. By partnering with a global company, you can gain access to a huge variety of valuable business support resources. Here, we ask: Does Century 21 franchise?
Century 21 is one of the world’s biggest real estate businesses, with more than 8,000 estate agency offices and over 111,000 sales professionals across over 80 countries. Whether you’re considering running your own business in this sector or not, you’ve almost certainly heard of the brand.
The internationally recognised residential real estate business was launched in the US, but now has presence across the globe. Since the 1970s, it’s been helping people find their dream homes, with expert local knowledge and industry expertise. Let’s find out about potential Century 21 franchise opportunities.
Does Century 21 franchise?
Yes! Century 21 uses the franchise model to expand internationally. It has one of the most extensive networks of franchise locations in the real estate industry and offers an attractive investment opportunity for ambitious entrepreneurs.
If you choose to invest in the Century 21 franchise model, you’ll be able to launch a business under its famous branding and gain access to its huge customer base. You’ll also have the chance to grow your unit with the company’s huge range of helpful resources.
History of Century 21
Century 21 was founded by two real estate agents, Art Bartlett and Marsh Fisher, in Orange County, California in 1971. It was one of the first businesses to effectively apply the franchise model to property sales and, within just five years, it was welcoming 150 new franchisees per month. Before long, Century 21 was America’s leading property franchise.
Today, the real estate business is an internationally recognised brand with thousands of branches across the globe. It’s now owned by the SDL Group and is able to benefit from being part of a professional services parent company.
Century 21 has now been operating in the UK for almost 15 years and has built up a reputation for providing exceptional customer service in sales, lettings and property management. Thanks to its proven system, the Century 21 franchise opportunity provides a great level of security for investors.
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Starting a Century 21 franchise unit
Century 21 is looking for new investors who would like to develop their own business. You don’t need to be a property professional or have experience of working in an estate agency to be successful as a Century 21 franchisee. Instead, you’ll need to be driven and passionate about growing your unit.
Also, the most successful franchise units are owned and operated by franchisees who share the Century 21 ethos. So, you should be prepared to be open and honest at all times, and work with accountability, delivering on promises and doing your best to exceed your clients’ expectations.
Becoming a Century 21 franchisee:
You can express your interest in joining Century 21 by requesting more information on its Point Franchise profile page or completing the online form on the business’s website. When you first make contact with the franchisor team, you’ll be able to ask any initial questions and discuss your preferred office location.
We always recommend you meet with your franchisor to discuss the franchise opportunity in depth before you sign on the dotted line, and Century 21 allows for this. You'll get to find out more about the systems and support on offer, and meet your prospective business development manager, who will support you once you’re on board.
>> Read more:
- Franchising 101: The Official Franchise Start Up Checklist (Part 1)
- Franchising 101: The Official Franchise Start Up Checklist (Part 2)
- New Year, New Career: No Better Time Than Now to Start a Franchise Today
- Franchising 101: 8 Signs You're Ready to Start a Franchise
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How much you need to invest:
Franchisees will need to be prepared to spend a total of £100,000 as they set up their business. This investment should cover the fit-out of your estate agency office, as well as your initial training scheme.
Century 21 delivers high-quality ongoing business support to all its franchisees, which is covered by a 10 percent royalty fee paid throughout your franchise contract term. The financial growth you’ll achieve as a result of Century 21’s help should far exceed the fees you pay, so it’s worth investing in a business with decades of expertise.
What you get for your investment:
If you invest in the Century 21 franchise, you’ll be able to take part in its comprehensive training scheme, so you can learn how to provide the best possible service for your customers. It covers everything you’ll need to know to launch a successful business, including finding your ideal branch location, developing a sales strategy, adhering to compliance regulations and marketing your unit.
But Century 21’s business support doesn’t stop after your initial induction; once you’re open for business, a team of support staff are always on hand to help you get the best out of your new venture. You’ll have access to the equivalent of over 1,500 days of training annually, and you can rely on an ongoing professional development scheme delivered by your business development manager.
The franchise’s team of experienced and dedicated business development directors will be your first point of contact if you ever have any questions or issues. And if you need extra help, you can explore the business’s wealth of additional training resources in the form of YouTube videos, PDFs, face-to-face seminars and regular meetings.
With the Century 21 franchise team’s help, investors should be able to get their business up and running within six weeks.
Join the real estate sector
If you’re interested in the Century 21 franchise opportunity, visit the business’s profile page here at Point Franchise to find out more. Alternatively, you can browse our full selection of investment openings in the estate agent and property sector to see other fantastic options.
Alice Tuffery, Point Franchise ©