Question 1

How much does it cost to open a 1st Class Real Estate franchise?

Accepted Answer

The total initial investment for a 1st Class Real Estate franchise ranges from $31K to $159K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 1st Class Real Estate franchise fee?

Accepted Answer

The initial franchise fee for 1st Class Real Estate is $25K.

Question 3

What are the net worth requirements for a 1st Class Real Estate franchise?

Accepted Answer

Net worth requirements for 1st Class Real Estate are specified in the Franchise Disclosure Document.

Question 4

Does 1st Class Real Estate require a personal guarantee?

Accepted Answer

Yes, 1st Class Real Estate requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a 1st Class Real Estate franchise?

Accepted Answer

Equipment costs for a 1st Class Real Estate franchise range from $0 to $8K. Initial inventory costs range from $0 to $3K.