Start-Up Costs and Fees |
||
| Prospect Equities | Century 21 | |
| Investment | 50000 - 999999 | 24700 - 451350 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2000 | 1971 |
| Year Franchised | 2010 | 1972 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Prospect Equities | Century 21 | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Prospect Equities | Century 21 | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Prospect Equities | Century 21 | |
| Training | The Prospect Equities School of Real Estate offers a robust and complete set of curriculum designed to address today's pressing real estate issues. A variety of management and agent classes are available in classroom, online and self-paced platforms. With a highly trained team of agents in the field, and a smoothly running support staff in the office, plus training on an effective Platinum Club approach, your firm will win listings, justify the charge for your valuable services, and increase repeat and referral business. A small sample of classes include: -Listing Leaders -Buyer Power -Leasing Agency -Contract Negotiation -Agency & Contracts -The Customer's Strategy -Personalities -Red Flags in Real Estate -Title & Due Diligence -The Power of Finance -Insurable Interests -Business Planning -Marketing Yourself & Your Career -Social Media in Real Estate -FSBO's & Expired's -REO & Foreclosures -HUD and VA Overview -Short Sales -Luxury Living & Second Home Market -Commercial Real Estate -Investment Strategies -Property Management -Mortgage Lending Overview -Business Brokerage -Closing the Deal | |
| Support | The CSS Lead Software is proprietary and exclusive to PE agents. Our unique engineered Information Technology software allows agents to locate potential property buyers and sellers by design. Agents can simply plug in the criteria of their "perfect client" and the software will generate the names, numbers, and addresses (pre-scrubbed) of the nearest matches for the ultimate customer-agent potential. Coupled with our Platinum Club Marketing Strategies, our CSS software is revolutionizing the way real estate agents obtain and convert transactions! PE Broker Resource Network - is committed to helping our member firms identity and implement referral strategies that will grow their business. The Network provides assistance in the placement and registration of referrals through a dedicated 800# referral help line along with programs to provide your clients with offers and services including mortgage, title, home warranty, insurance, construction, demolition, environmental services, home improvement retail chains and much more. Recruiting Programs/Benefits for PE Franchises Recruiting exceptional candidates for your firm, and building a benefits package to help retain them, can be a time consuming job. That's why we've pre-assembled the tools you'll need to execute a compelling, successful recruiting campaign and work to build programs and resources to help you attract and keep the right people. Since our inception, PE has experienced a less than 1% annual turnover rate. No other National Franchise System can say that. We retain the agents we hire. No other real estate franchise system can offer higher compensation along with the maximized support and ancillaries that PE offers. Become privy to the unique recruiting methods we have designed, implemented, and mastered to assist you in growing your office unparallel to the competition. No other real estate franchise system can recruit, train, and retain the level of agents that our proven history has accomplished over the years. | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Our web-based personal marketing platform and wide variety of marketing programs, including home seller and buyer systems, personal promotion tools, business-building resources, and much more, will provide you with the means to reach and attract more customers. Advertising Prospect Equities supports your local advertising efforts with print advertising and a strong Internet presence. In addition, we provide you with the tools that will help you build a strong brand in your local market. HighEnd ProspectTM When it comes to obtaining and marketing upscale listings, we help your firm compete with HighEnd Prospect, our comprehensive luxury marketing program that includes a multi-media advertising component. We will bring national and regional exposure to your listings as well as support your local efforts with customized high-end materials. | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Absentee ownership of franchise is NOT allowed. | |
Expansion Plans |
||
| Prospect Equities | Century 21 | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Prospect Equities | |
| Century 21 | |
| Franchise Fee | |
| Prospect Equities | |
| Century 21 | |
| Royalty Fee | |
| Prospect Equities | |
| Century 21 | 6% |
| Advertising Fee | |
| Prospect Equities | |
| Century 21 | 2% |
| Year Founded | |
| Prospect Equities | 2000 |
| Century 21 | 1971 |
| Year Franchised | |
| Prospect Equities | 2010 |
| Century 21 | 1972 |
| Term Of Agreement | |
| Prospect Equities | |
| Century 21 | 10 years |
| Renewal Fee | |
| Prospect Equities | |
| Century 21 | |
Business Experience Requirements |
|
| Experience | |
| Prospect Equities | |
| Century 21 | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Prospect Equities | |
| Century 21 | |
| Start-up Costs | |
| Prospect Equities | |
| Century 21 | |
| Equipment | |
| Prospect Equities} | |
| Century 21 | |
| Inventory | |
| Prospect Equities | |
| Century 21 | |
| Receivables | |
| Prospect Equities | |
| Century 21 | |
| Payroll | |
| Prospect Equities | |
| Century 21 | |
Training & Support |
|
| Training | |
| Prospect Equities | The Prospect Equities School of Real Estate offers a robust and complete set of curriculum designed to address today's pressing real estate issues. A variety of management and agent classes are available in classroom, online and self-paced platforms. With a highly trained team of agents in the field, and a smoothly running support staff in the office, plus training on an effective Platinum Club approach, your firm will win listings, justify the charge for your valuable services, and increase repeat and referral business. A small sample of classes include: -Listing Leaders -Buyer Power -Leasing Agency -Contract Negotiation -Agency & Contracts -The Customer's Strategy -Personalities -Red Flags in Real Estate -Title & Due Diligence -The Power of Finance -Insurable Interests -Business Planning -Marketing Yourself & Your Career -Social Media in Real Estate -FSBO's & Expired's -REO & Foreclosures -HUD and VA Overview -Short Sales -Luxury Living & Second Home Market -Commercial Real Estate -Investment Strategies -Property Management -Mortgage Lending Overview -Business Brokerage -Closing the Deal |
| Century 21 | |
| Support | |
| Prospect Equities | The CSS Lead Software is proprietary and exclusive to PE agents. Our unique engineered Information Technology software allows agents to locate potential property buyers and sellers by design. Agents can simply plug in the criteria of their "perfect client" and the software will generate the names, numbers, and addresses (pre-scrubbed) of the nearest matches for the ultimate customer-agent potential. Coupled with our Platinum Club Marketing Strategies, our CSS software is revolutionizing the way real estate agents obtain and convert transactions! PE Broker Resource Network - is committed to helping our member firms identity and implement referral strategies that will grow their business. The Network provides assistance in the placement and registration of referrals through a dedicated 800# referral help line along with programs to provide your clients with offers and services including mortgage, title, home warranty, insurance, construction, demolition, environmental services, home improvement retail chains and much more. Recruiting Programs/Benefits for PE Franchises Recruiting exceptional candidates for your firm, and building a benefits package to help retain them, can be a time consuming job. That's why we've pre-assembled the tools you'll need to execute a compelling, successful recruiting campaign and work to build programs and resources to help you attract and keep the right people. Since our inception, PE has experienced a less than 1% annual turnover rate. No other National Franchise System can say that. We retain the agents we hire. No other real estate franchise system can offer higher compensation along with the maximized support and ancillaries that PE offers. Become privy to the unique recruiting methods we have designed, implemented, and mastered to assist you in growing your office unparallel to the competition. No other real estate franchise system can recruit, train, and retain the level of agents that our proven history has accomplished over the years. |
| Century 21 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Prospect Equities | Our web-based personal marketing platform and wide variety of marketing programs, including home seller and buyer systems, personal promotion tools, business-building resources, and much more, will provide you with the means to reach and attract more customers. Advertising Prospect Equities supports your local advertising efforts with print advertising and a strong Internet presence. In addition, we provide you with the tools that will help you build a strong brand in your local market. HighEnd ProspectTM When it comes to obtaining and marketing upscale listings, we help your firm compete with HighEnd Prospect, our comprehensive luxury marketing program that includes a multi-media advertising component. We will bring national and regional exposure to your listings as well as support your local efforts with customized high-end materials. |
| Century 21 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Prospect Equities | |
| Century 21 | Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
|
| US Expansion | |
| Prospect Equities | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Century 21 | |
| Canada Expansion | |
| Prospect Equities | |
| Century 21 | |
| International Expansion | |
| Prospect Equities | |
| Century 21 | |