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Franchise: Realty Executives Intl. Svcs. LLC

Initial Investment
LOW:$20,400
HIGH: $119,000
Change in Units
-3.3% -17 UNITS (1 Year)
-0.8% -4 UNITS (3 Years)

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Ad Slicks
National Media
Regional Media

Training Onsite: 1 day

Training at headquarters: 2 days

Additional Training: Ongoing training available via webinars, training center, annual conference

Absentee Ownership Allowed

About Realty Executives Intl. Svcs. LLC

In 1965, Dale Rector, frustrated by the split-commission system traditionally used the real estate industry, opened a 100-percent commission office in Phoenix, Arizona, naming it Realty Executives. Under his model, sales associates received 100 percent of their commissions and shared equally in office expenses, including the salary of a full-time broker who coordinated the office. This way of doing business caught on, and in 1973, Realty Executives began franchising the concept.

Founded

1965

Franchising Since

1973 (44 Years)

Corporate Address

8324 E. Hartford Dr., #100 Scottsdale, AZ 85255

CEO

David Tedesco

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Financial Requirements

Initial Investment

$20,400 - $119,000

Net-worth Requirement

$20,000 - $200,000

Liquid Cash Requirement

$10,000 - $100,000

Ongoing Fees

Initial Franchise Fee

$1,000 - $50,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

Varies
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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 1st, 2016

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