1ST CLASS REAL ESTATE

Untitled 1

1ST CLASS REAL ESTATE

Liquid Capital Required: $10,000

Any

 

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