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The Hidden Fees of Franchising

In my book, How to Evaluate A Real Estate Franchise, I talk about the many real estate franchises availableand many of the possible fees of franchising. Please don't let this scare you off, all companies don't charge hidden fees. Most of your mega companies do. One of those hidden fees is the counsel association dues. Some franchisors will charge a fee to the broker for being a part of a counsel association meant to (among other things) share goals, successes amongst regional franchisees.

In my opinion, that is why Area Pro Realty has such an innovative real estate franchise, they have bundled everything in one price, so there aren't a dizzying array of fees. The best real estate franchiseshould adhere to the keep it simple philosophy and many don't, Area Pro does however and it is evident throughout their updated brokerage business model.

As I state in my book, of the many real estate franchises for sale, choose one that is right for you as there isn't one perfect one for everyone, just be sure to do your due diligence, it could save you a lot of money!

Posted Monday May 11