As you can see from the two pages below, there is a significant cost associated with running a local franchise. In addition to the upfront costs, most real estate franchises charge an ongoing royalty fee of 6%.
And Zephyr Real Estate, being local and independent, never has to hand over their daily lunch money (or 6% of it) to a bigger fish. Which means Zephyr has 6% more money to invest locally in agents, in the brand, or in the community. Zephyr has always had a strong presence in supporting local charities and non-profit organizations, and this level of community involvement and support is another reason that I believe I picked the right company to be a part of.
While the list of local charities we support is long, instead I thought I’d mention two that I’ve worked with first hand because of Zephyr’s community support and involvement. The first is Project Open Hand - a program that helps make sure that eldery, disabled, and low-income individuals continue to have access to healthy and nutritious food – where Zephyr has maintained a delivery route for years.
The other is Rebuilding Together, a program that helps homeowners with maintenance and improvement to their homes. While we haven’t sponsored a house in the past couple of years, Britton helped to lead and organize Zephyr efforts for several y ears.
So does being local and independent matter? I would say yes, absolutely. And what are those 6 reasons? 1%, 2%, 3%, 4%, 5%, 6%… those are 6 great reasons for me.
Residential Real Estate Franchises
Residential Real Estate Franchises
