About 1st Class Real Estate

1st ever virtual real estate franchise model.

1st Class Real Estate provides you with leads, custom transaction management, closing coordination, and all the back-end support that you would need to be successful.

Information for Franchisees

Are you a successful agent or broker that wishes to have your own business and grow your own successful team? Are you tired of franchises offering you nothing more than a brand name?

If your answer is YES, look no further, a 1st Class Real Estate franchise is the right fit for you!  

Extremely low start-up cost with financing options available to help you get started. 

 

Franchising Overview

Franchising Since 2018 (3 years)

# of employees at HQ

13

# of Units

40 (as December 31, 2020)

CEO/Founder

Rhyan Finch

 

Franchisor Information

Social

Facebook, Twitter, Linkedin, Instagram, Youtube, Pinterest

Corporate Address

831 Seahawk Cir., #101

Virginia Beach, VA 23452

 

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee

$25,000

Initial Investment

$32,220 - $209,275 (That includes the $25K Franchise Fee)

Cash Requirement

$15,000

Royalty Fee

$500/mo.

Term of Agreement

5 years

Is franchise term renewable?

Yes

 

Financing Options

1st Class Real Estate offers both in house financing, as well as we have relationships with third-party financing options, that can help with the start-up cost. 

 

Training & Support Offered

Initial Training (Virtual)

16.5 hours

Additional Training (virtual)

Weekly training meetings and one on one coaching by our team members.  

Ongoing Support

Newsletter

Grand Opening

Online Support

Security & Safety Procedures

Lease Negotiation

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Learning Management System 

Marketing Support

Co-op Advertising

Ad Templates

Social Media

SEO

Website Development

Email Marketing

Loyalty Program/App

Swag Store

 

Operations

Additional details about running this franchise.

Is absentee ownership allowed?

No

Can this franchise be run from home/mobile unit?

Yes

Can this franchise be run part time?

Yes

# of employees required to run

0