Real estate
ABC-CO - NASDAQ
The investment required to open a Prospect Equities Franchise is $50,000 - And Up . There is an initial franchise fee of $15,000 which grants you the license to run a business under the Prospect Equities name.
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
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.
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.
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2013 | 1 | 0 | 0 | 6 |
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
How much money you could make as a Prospect Equities Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Prospect Equities Franchise owner may include rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.
Legal Disclaimer: This information is not a franchise offering for Prospect Equities and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Prospect Equities franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.