If you’re interested in being your own boss and calling the shots, chances are that you’ve looked into starting your own franchise or entering the world of real estate. Both of these opportunities appeal to self-motivated entrepreneurs who want to forge their own paths in life, but are they right for you? Today, we’re going to dive into the details of franchise ownership and careers in the real estate industry, in comparison to the FlashBanc Sales Agent opportunity.
For starters, what exactly is a franchise? A franchise is a method of selling products and/or services where a franchisor, which is a business that establishes a business’ trademark, trade name, and distribution system, sells someone the right to do business under their business name. The person buying the franchise will pay a franchise fee, and these fees vary depending on the size and success of the franchisor’s business. They range from less than $10,000 to $5,000,000 or more!
In addition to the franchise fee, franchisors may charge additional fees for purchasing property and facilities, buying your first batch of product, administrative fees, and so on. For example, purchasing a McDonald’s franchise requires a total investment of anywhere from $1,008,000 to $2,214,080. While these numbers might be possible for some people, the vast majority of us do not have millions of dollars to invest in a business.
A Career in Real Estate
Unlike purchasing a franchise, becoming a real estate agent has a low barrier to entry. Some states only require 40 hours of training, and most real-estate licensing classes are available for under $1,000, which is what makes the opportunity so appealing to recent college graduates and people who are looking for a career change.
While it might be easy to get into the industry, it’s certainly not easy to succeed. According to the National Association of Realtors, approximately 87% of real estate agents fail in the first five years, with 75% of that group failing in their first year! Additionally, the hours can be long and grueling, your pay might not be everything you hoped for, and your career might consume your life. A career in real estate can be highly lucrative for some people, but it’s not a slam-dunk for everyone. It’s transactional in nature, and while you can build up a clientele over time, people only move so often.
Becoming a FlashBanc Sales Agent
If you’re looking for a career with a low barrier to entry, all the training and support you’ll need to be successful, and huge earning potential–with lots of residual income–you should apply to FlashBanc today. Once you fill out the short form, one of our team members will reach out to you to schedule an interview. If it seems like a good fit, we’ll send you your business cards and marketing materials, and then you’ll start online training at FlashBanc University.
Here at FlashBanc, we understand the importance of proper training and education for our agents, so we offer a huge selection of training materials to help you sell more than you ever thought possible. A member of our team will be only an email or phone call away if you have any questions or need assistance. As a FlashBanc Sales Agent, you’ll enjoy uncapped earning potential, the best sales training in the industry, the freedom to create your own schedule and call your own shots, and 24/7 technical and customer support.
Apply today and take the first step to achieving unlimited success!