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Real Property Management
is the nation's leading property management franchise, with a unique approach unequaled in the industry. Our...
Minimum Investment: $80,000.
Trends and Facts About Real Estate Franchises
Related Real Estate Franchises Articles
The Canadian real estate industry consists mostly of micro to medium sized businesses. 66.4% of these businesses are described as micro – employing less than 5 employees and 33.4% are SMEs. Large employers, employing more than 500 people accounted for 0.1% of the total businesses.
The real estate industry in Canada is well established. The first real estate board was set up in 1888, in the growing area of Vancouver. In 1943, the Canadian Association of Real Estate Boards (CAREB) was established. Since 1986, the association has become known as the Canadian Real Estate Association (CREA).
Affiliating a smaller real estate firm with a larger franchise organization offers these advantages:
- Proven track record of success for the Franchisor company
- Brand name recognition
- Training in current best practices and technology
- Operational support
- Marketing and advertising support
- Group purchasing power
- Partnerships with related vendors, such as home inspectors, mortgage lenders etc.
- Decreased risk For those whose dream is to work in the real estate industry, but who are concerned about the current downturn, a franchise operation could be the best way to own your own real estate business.
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