A house is sold for %5 commission. 100k.2.5% each on buying and selling side.You represent the buyer. 8% comes off the top for your franchise and you split 75/25 with your broker.2500(.92) = 23002300(.75) = 1725.

I keep coming across these Craigslist ads about Real Estate Investing Franchises.

Once you are there, then it may make sense to build your 'franchise'.

Just to add even more confusion.Some of my biggest deals were against all the criteria "rules" most say you to use.This isn't a franchise you don't buy in and follow exact guidelines, while yes you don't need to reinvent the wheel.

I dont know too many successful people who could pull off a 4HWW, but mostly because they like to be in CONTROL of what they are doing and where the business is going.I do know a few landlords that are working 4 hours a week or less, and one or two restaurateurs who put in 60 hour weeks for years to build a franchise, and now basically manage finances and collect checks from a beach in mexico.Is it possible?

The big companies that run large numbers of stations are probably a lot better at identifying potential locations than the average person.Plus many gas stations are just branded franchises and most of those are on leased property.

Are these usually franchises?

There are a few, but growing number, of franchise (such as Real Property Management, AllCounty, Property Management Inc.) operators that might give you a more consistent, albeit not likely inexpensive, experience.

Franchises are successful for a reason; their business system and marketing.

I am going to talk to Exit Realty and Douglas Realty was recommended by someone from thsi site.Here is a list of Benefits they offer.A few of our Features & Benefits:Full service brokerageCommission paid same day as settlementE&O only $180 per yearWe do NOT charge a separate client admin feeAbsolutely NO hidden feesNo franchise feesNo desk dutyAll listing leads go direct to the listing agentWe use technology to conduct all meetings, eduction, etc..No need to come to the officeWork remotely from anywhere in Maryland or DC Free contract forms (ZipForms) Does NOT require a specific association membershipFree business cardsFree online marketing for all listingsFull broker supportMentor program for new agentsFull service office with conference rooms, computers, fax, etc..Office Network - 8 professional meeting locations from DC to Ocean CityOpen a branch office without a brokers licenseThe freedom to run your own business