Question 1

Does 1st Class Real Estate franchise offer exclusive territory?

Accepted Answer

1st Class Real Estate offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the 1st Class Real Estate franchise agreement term length?

Accepted Answer

The initial franchise agreement term for 1st Class Real Estate is 5 years. The total potential term is 5 years.

Question 3

What is the non-compete clause for 1st Class Real Estate franchise?

Accepted Answer

The 1st Class Real Estate franchise non-compete clause extends for 0 years after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a 1st Class Real Estate franchise?

Accepted Answer

Yes, 1st Class Real Estate allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $1,500 applies.