Windermere Real Estate is a brokerage offering services for buying, selling, and leasing real property. The franchise helps clients with residential and commercial real estate transactions.
Key Insights
- Windermere Real Estate began with a strategic focus on creating sustainable business practices that benefit all stakeholders, including customers, franchisees, and communities, while establishing systems that support long-term growth and operational excellence across multiple markets.
- Continuous improvement processes incorporate client feedback and industry developments to enhance service offerings and operational effectiveness while maintaining the core values and quality standards that distinguish the business from competitors in the marketplace.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Windermere Real Estate gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $271,000 - $1,171,000, along with a franchise fee of $25,000 - $25,000.
Financial Performance and Revenue
Training and Resources
Windermere Real Estate provides comprehensive training for new franchisees. This initial training, typically spanning two weeks, is conducted at Windermere's headquarters. The franchisor offers a wealth of resources, including operational systems, marketing collateral, and ongoing support. Windermere Real Estate recommends leveraging these tools to build a successful brokerage.
Legal Considerations
Legal considerations for a Windermere Real Estate franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter considerations regarding local market competition from established agencies. Operational complexity in managing agents, marketing, and administrative tasks requires attention. Reliance on specific technology platforms and vendor relationships for service delivery presents another area for focus. Navigating these factors is integral to business operation.
Franchise Datasheet
FAQs
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