REMAX Franchise Opportunities in the UK

26/03/2019 13:00

remax franchise uk

REMAX is a global estate agency network of property professionals that spans six continents. Starting with humble beginnings in Denver, Colorado the agency now has franchisee-owned offices in over 110 different countries. The company enables local real-estate experts to be a part of an internationally-recognised brand that is one of the most trusted names in property.

There are over 110,000 REMAX agents based around the world operating in over 7,000 different offices. This makes it an industry leader in the global property market. All agents have targeted expertise relevant to the property market of their local area.

In 2018, REMAX associates significantly outsold competitors. On average, they doubled the amount of transactions completed by agents from other property networks. With a presence in all major worldwide markets, REMAX also scored a brand awareness rate of 30.2 percent in the same year.

REMAX prides itself on the freedom it gives its associates. Beyond the foundational REMAX guidelines, franchisees can tailor their business operations to their local market in whatever way that they deem fit. All associates are provided with the REMAX toolkit, which includes the RE/MAC Referral System, worldwide networking opportunities and national advertising.

Does REMAX franchise?

REMAX has been franchising for over 40 years. From the beginning, it has always been driven to provide its franchise associates with maximum independence. For that reason, the company gives agents the opportunity to keep up to 80 percent of the commission that they generate from every property sale.

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REMAX is looking for existing property agents that want to unleash their potential. Unlike many other estate agencies, associate earnings are not capped at REMAX and a basic salary is not provided. This means that the franchise network is suited to the most productive individuals who do not want to subsidise the earnings of their less productive colleagues.

Joining REMAX means that youll benefit from the up-to-date research the company conducts into the trends of the property market. By analysing the data collected from its websites search engines, each associate is given market leads that help them to keep a finger on the pulse of consumer demand. It also provides each franchisee with a range of tech tools including website templates, mobile applications and social media resources to help them to navigate the online market.

Becoming a franchise partner with REMAX comes with complementary membership to its Mainstreet hub. This is an online, members-only resource that allows associates to network within the worldwide REMAX community, download training resources and gain access to inside company news.

The company also offers award-winning education that trains associates in the dynamics of the property industry. It offers a dedicated educational resource REMAX University which provides high-resolution training videos focusing on growing your property network. Whether youre looking to expand into a different property sector or just seeking a little extra motivation, Remax University provides franchisees with the necessary support.

REMAX Franchise Fees

REMAX does not publically disclose what the required start-up costs are to become one of its property associates. In order to receive up-to-date information that is relevant to your area, you should get in contact with the company directly via its website. However, it has been estimated that start-up costs come in at about £20,000.

Other Property Franchise Opportunities

If youre looking for other property franchise opportunities, there are a number that are available here on Point Franchise. These companies cover a range of different sectors and are all actively looking to expand by networking with new franchisees.

Century 21

Century 21 is a global market leader in the property industry. Its international network is built on over 8,000 offices and 111,000 sales professionals who operate in over 81 different countries. The company currently has 60 different franchise partners working in the UK and wants to expand that network to new corners of the country.

As a part of the franchise package, Century 21 offers 1500 days of training in one of its main office locations in London, Nottingham and Glasgow. This is accompanied by online video training that Century 21 posts on its Youtube channel, along with ongoing seminars and PDF resources.

To become a Century 21 franchisee, an initial minimum investment of £23,500 is required. You can expect to invest a total of £100,000 over the course of your franchise partnership with the company. As the license to franchise Century 21 UK is owned by property service experts SDL Group, franchisees also benefit from additional revenue streams by working with that companys auctions, surveying and insurance brokering businesses.

Nicholas Humpherys

Nicholas Humpherys is an estate agent that specialises in student letting. It is one of only five estates and letting franchises that have been fully accredited by the British Franchise Association. From start to finish, Nicholas Humpherys will be at your side ensuring that your franchising experience is a success.

After a total investment of £31,200, Nicholas Humpherys offers a four-week training programme that covers all the skills needed to build a profitable franchise. After launch, the company provides support for three days a week in the first month of trade, followed by two days a week in the second month. Beyond that, Nicholas Humpherys offers regular development days and monthly one-to-one support.

The estate agent franchise is looking for motivated individuals who are willing to follow instruction from industry experts. Rob Butters, a franchisee from Stoke-on-Trent, has seen his life changed around since taking the leap: Having made an income of 314,440.17 in my first three and a half years of trading, my dream is becoming a reality.

Ewe Move

Ewe Move is an estate agent that sees itself as being in the business of delivering happiness. With its compassionate approach to property, Ewe Move strives to build a genuine relationship of trust with its customers. By providing a minimum investment of £19,995, franchisees can join the Ewe Move network and take on the companys reputation for warm customer service. All that is required is that franchisees attend a one week induction course, one day business training course, two national conferences and ten-day course in Success Summits.

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