Real Estate Franchising http://www.eastbiz.com/blog Real Estate franchising Blog Mon, 29 Jan 2007 17:12:43 +0000 http://wordpress.org/?v=2.0.1 en How much does it cost to start a real estate company? http://www.eastbiz.com/blog/2006/12/29/how-much-does-it-cost-to-start-real-estate-company/ http://www.eastbiz.com/blog/2006/12/29/how-much-does-it-cost-to-start-real-estate-company/#comments Fri, 29 Dec 2006 23:18:17 +0000 John Vanhara Starting Real Estate Startup http://www.eastbiz.com/blog/2006/12/29/how-much-does-it-cost-to-start-real-estate-company/ A real estate business (or real estate brokerage) is not a business where you need hundreds of thousands of dollars of investment to start operations. It can be a very low cost business, especially if you approach it in a methodical and structured way.

1. You will need a licensed real estate broker in the business.

We strongly recommend that you get your own real estate license. Hiring an outside broker can cost you a set fee per transaction, or a percentage of ongoing fees for his/her compensation.

2. You need an office
I would recommend to start with smaller office and grow once you have enough agents. Most of the agents are not sitting in the office whole day (at least they shouldn’t). You can easily have shared desks and common areas (conference rooms) used by many agents. I once remember being in the office (roughly 5,000 sq. feet) which was shared by 600 agents! We had three conference rooms, 10 computer workstations, but most of the time there was plenty of room? Why? That’s the fact how real estate business works. Most of the agents are rarely spending a lot of time in the office.

I have started my first real estate office in 400 sq. feet office, later I grew it to 800 sq. feet and then purchased my own office building. I paid rent about $450 per month when I started for the smallest office. Think about it. The expenses are really small if you start small and grow as you make more money.

]]> http://www.eastbiz.com/blog/2006/12/29/how-much-does-it-cost-to-start-real-estate-company/feed/ Having website on the first page of Google can bring hundreds of thousands dollars http://www.eastbiz.com/blog/2006/12/27/having-website-on-the-first-page-of-google-can-bring-hundreds-of-thousands-dollars/ http://www.eastbiz.com/blog/2006/12/27/having-website-on-the-first-page-of-google-can-bring-hundreds-of-thousands-dollars/#comments Wed, 27 Dec 2006 23:00:08 +0000 John Vanhara Tools We Provide http://www.eastbiz.com/blog/2006/12/27/having-website-on-the-first-page-of-google-can-bring-hundreds-of-thousands-dollars/ The value received is directly proportional to the population and number of homes available in the area.
We strongly believe in the power of the Internet as the best marketing medium for any real estate company. As real estate brokers who are active in the marketplace, we have tried various types of marketing— from open houses to distributing flyers; advertising in real estate magazines, local newspapers, door hangers, etc.  First page Google positioning made the difference for us in Las Vegas, and it can do the same for you in your marketplace.  There are keys to achieving this.  We share them with you.

]]> http://www.eastbiz.com/blog/2006/12/27/having-website-on-the-first-page-of-google-can-bring-hundreds-of-thousands-dollars/feed/ The first steps to Franchise and develop your business follow business basics http://www.eastbiz.com/blog/2006/10/10/the-first-step-to-franchise-your-business/ http://www.eastbiz.com/blog/2006/10/10/the-first-step-to-franchise-your-business/#comments Tue, 10 Oct 2006 15:49:49 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/10/10/the-first-step-to-franchise-your-business/ If you are looking to Franchise your business, start with the basics.
1.  Figure out your specific business model.
2.  What are the advantages of your business model?
3.  Have you tested your ideas in real life? Did they work?
4.  How much money can one of your Franchisees make?
5.  What will be the Franchise Fees?
6.  What services and help will you offer?

]]> http://www.eastbiz.com/blog/2006/10/10/the-first-step-to-franchise-your-business/feed/ Application – Complete this if you’re interested in creating your own real estate franchise http://www.eastbiz.com/blog/2006/09/12/application/ http://www.eastbiz.com/blog/2006/09/12/application/#comments Tue, 12 Sep 2006 19:32:42 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/09/12/application/ If you are interested in growing you real estate office to a national franchise network, we can help you! We are willing to do that for the right candidates at a very low upfront fee. Please email answers to the following questions so we can evaluate your opportunity.
1. How big is your company? How many branches?
2. How many agents in each branch?
3. How long have you been in business?
4. What business models have you successfully operated previously?

]]> http://www.eastbiz.com/blog/2006/09/12/application/feed/ Often, we ask others–why not start your own franchise? http://www.eastbiz.com/blog/2006/09/09/why-not-start-your-own-franchise/ http://www.eastbiz.com/blog/2006/09/09/why-not-start-your-own-franchise/#comments Sat, 09 Sep 2006 19:16:08 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/09/09/why-not-start-your-own-franchise/ If you have experience in real estate and have successfully managed one real estate business, it’s possible that you can grow to a network of hundreds of offices.  We can help you with Franchise registrations and also offer tools and software you will need. Contact us today.

]]> http://www.eastbiz.com/blog/2006/09/09/why-not-start-your-own-franchise/feed/ Creating your own franchise system http://www.eastbiz.com/blog/2006/07/14/creating-your-own-franchise-system/ http://www.eastbiz.com/blog/2006/07/14/creating-your-own-franchise-system/#comments Fri, 14 Jul 2006 19:24:27 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/07/14/creating-your-own-franchise-system/ We receive phone calls regularly asking me if we would be willing to help them with starting their own franchise network. They want us to prepare all legal documents—the UFOC, Franchise Agreements, manuals and materials. This can be a very time consuming process, so they are looking for someone who can help them set up a network. We know franchising. We know that we have invested significantly to develop our network, but it’s been developed and it can be a wonderful learning experience for you. We can share that knowledge.

]]> http://www.eastbiz.com/blog/2006/07/14/creating-your-own-franchise-system/feed/ How To Win Every Listing http://www.eastbiz.com/blog/2006/06/08/how-to-win-every-listing/ http://www.eastbiz.com/blog/2006/06/08/how-to-win-every-listing/#comments Thu, 08 Jun 2006 19:16:32 +0000 John Vanhara Tools We Provide http://www.eastbiz.com/blog/2006/06/08/how-to-win-every-listing/ Working with sellers is different than working with buyers. I think everyone—especially experienced real estate brokers–would agree. Buyers can be very emotional. Buyers don’t exactly know what they want, and many times, need coaching and counseling. They want to love the house they are planning to buy.
On the other hand, sellers know exactly what they want. They want to sell!   They want to just get it done.
Working with sellers is much more like a regular business relationship

Through our HomesParadise Agent Website System there is a special feature for posting each listing on appropriate websites. We also offer listing presentation which can be modified based on the posting sites for every city. Your agents will get impressive package and offer to their sellers.

Examples of postings sites:

golfcourseparadise

golfcourseparadise featured

golfcourseparadise featured homepage

golfcourseparadise listing detail

golfcourseparadise virtual tour

highrise condos main

highrise allure

highrise featured LV

highrise featured LVdetail

homesparadise main

homesparadise LV featured 1

homesparadise featured homepage

premiumplaces

premiumplaces the most expensive homes

]]> http://www.eastbiz.com/blog/2006/06/08/how-to-win-every-listing/feed/ Websites For Your Agents http://www.eastbiz.com/blog/2006/06/08/websites-for-your-agents/ http://www.eastbiz.com/blog/2006/06/08/websites-for-your-agents/#comments Thu, 08 Jun 2006 15:56:53 +0000 John Vanhara Tools We Provide http://www.eastbiz.com/blog/2006/06/08/websites-for-your-agents/ You can immediately offer websites to your agents.

  • Set up and activation in seconds!
  • No hosting fee (hosted by us for free)
  • No Activation fee
  • Creating & printing three types of listing flyers
  • Counter for each listing - will show ho much interest is getting every listing
  • Posting sites: Listings can be advertised and posted on the network of our websites. This is great listing presentation tool!

Let me explain why we developed this system. When I started in real estate I was taking a lot of listings. I remember the hassle to upload the listing on different websites or creating flyers. It all took too much time. I was looking for very fast way how to advertise the listing on multiple sites and print flyers in minutes. That’s why we developed this very easy system.

  1. It is agent website.
  2. It is perfect listing /marketing tool.
  3. It let you create and print flyers easily.

If you think about it that’s exactly what you have to do with each listing. Print flyers and promote it. And our system will help you to do that.
This is how the website looks like:

Screenshot 6 5 2006 10 11 44 AM
- Shows your company name, logo, invitation message, contacts and your listings
- Each listing has its own counter showing how many times visitors viewed detail of the listing. 

Each web has its own admin center:
- You can change welcome text
- Bottom of the page - add links or write text (for example add link for searching all homes - IDX)
- Add company logo and your photo
- Change header picture
- Change WWW address: (It will be something like: www.homesparadise.com/agent/john). You can also use your own domain name and forward it to this address.
- Add/Edit New listings
Screenshot 6 5 2006 10 22 26 AM Create and print flyers right from the web.
- Simply choose flyer design and print it. This is total time saver and I used it on all my listings!
flyersExample of flyer layout #2
Creating flyers for your listing will  take only few minutes!!!
Screenshot 6 5 2006 10 31 53 AMProviding websites to your agents will craete another profit center for your company.

]]> http://www.eastbiz.com/blog/2006/06/08/websites-for-your-agents/feed/ We are looking for Franchisees in all markets. http://www.eastbiz.com/blog/2006/04/17/we-are-looking-for-franchisee-in-las-vegas-nv/ http://www.eastbiz.com/blog/2006/04/17/we-are-looking-for-franchisee-in-las-vegas-nv/#comments Tue, 18 Apr 2006 03:19:53 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/04/17/we-are-looking-for-franchisee-in-las-vegas-nv/ We are generating a very substantial number of leads for the Las Vegas, NV market. We are looking for potential Franchisees interested in opening real estate offices in Las Vegas or Henderson, Nevada. We have developed a functional and working IDX system for the Las Vegas market, which demonstrates the power of our offering.

]]> http://www.eastbiz.com/blog/2006/04/17/we-are-looking-for-franchisee-in-las-vegas-nv/feed/ The list of States which do not require registration http://www.eastbiz.com/blog/2006/04/17/the-list-of-states-which-do-not-require-registration/ http://www.eastbiz.com/blog/2006/04/17/the-list-of-states-which-do-not-require-registration/#comments Mon, 17 Apr 2006 17:41:57 +0000 John Vanhara Franchise Your Company http://www.eastbiz.com/blog/2006/04/17/the-list-of-states-which-do-not-require-registration/ There are currently 31 States which do not require registration by a Franchisor before a Franchise is sold. This makes the process of selling a Franchise a bit less complicated from a legal perspective. It doesn’t remove the requirements you have to your Franchisees, or the contractual obligations into which you enter with us or others, but it offers consistency in our network across these 31 states.

Alabama
Alaska
Arizona
Arkansas
Colorado
Connecticut
Delaware
Florida
Georgia
Idaho
Iowa
Kansas
Kentucky
Louisiana
Maine
Massachusetts
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
Tennessee
Texas

]]> http://www.eastbiz.com/blog/2006/04/17/the-list-of-states-which-do-not-require-registration/feed/