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Breaking out on your own into the real estate market is a rewarding feat, but it’s not the right path for everyone. If you’ve been struggling to make it as a real estate agent, you might be able to turn things around as a franchise owner. Here are just some of the ways this career leap will pay off.

3 Reasons to Own a Real Estate Franchise

1. Avoid the Initial Pitfalls

When starting a business in any industry, it’s easy to fall victim to some common mistakes. However, in the highly competitive real estate market, the risk is even higher. By owning a franchise, you’ll adopt the business systems, techniques, and tools of the larger corporation, so you can get ahead of the usual learning curve. You’ll be supplied with the startup capital you would have had to come up with on your own, and you can follow in the footsteps of your co-franchisers.

2. Take Advantage of Brand Recognition

franchiseIn addition to having a logistical leg-up, you’ll also have the advantage of a well-known, respected name behind your daily efforts. As a mom-and-pop or startup company, it would be much harder to both attract clients and get them to trust you. People looking to buy or sell a house will instantly recognize the name of your franchise and feel confident about doing business with you, so you don’t have to spend time proving your worth.

3. Use a Built-In Support System

If you go it alone, you’ll not only need to gain the skills necessary to be successful—you’ll also have to know where to find them. As a franchise owner, you’ll have immediate access to professional sales training, so you can learn how to do things the right way the first time around. That means less money lost and more clients gained. If you find yourself struggling or need help with the sudden expansion of your branch, the larger company offers built-in support systems and mentors to help you find your way.

 

If you’re tired of treading water as an independent real estate agent, get in touch with EXIT Realty Upper Midwest. They have offices throughout the country, including in Iowa, Wisconsin, North and South Dakota, Illinois, and Minnesota. They are looking for future franchise owners who are willing to take a leap that pays off. As an agent, you’ll have access to free training and leadership opportunities, so there’s always room for upward growth. For more information on owning a franchise, visit the website, or call (651) 505-3570 today.

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