1st Class Real Estate is a dynamic and rapidly expanding franchise in the real estate industry, founded by Rhyan Finch in 2012. Originally established in Virginia Beach, Virginia, the company has grown significantly under Finch's leadership, now boasting a presence across multiple states in the U.S.
The franchise began its journey after Finch’s successful career in real estate, where he quickly became an expert in distressed properties during the market downturn. His experience led to the formation of a team that eventually became one of the top-performing groups in the country, which paved the way for the founding of 1st Class Real Estate.
Since its inception, the company has focused on empowering agents through education, technology, and a strong community-oriented culture. The franchise model allows agents to leverage Finch's proven systems and processes, ensuring they can achieve rapid growth and success in their local markets.
Headquartered in Virginia Beach, 1st Class Real Estate started franchising shortly after its founding and has quickly expanded due to its innovative approach and commitment to franchisee success.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
1st Class Real Estate offers 4 types of franchises:
We are summarizing below the main costs associated with opening a 1st Class Real Estate Standard Model - Start-Up franchie.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
The training provided by 1st Class Real Estate Franchise is comprehensive and designed to equip franchisees and their teams with the necessary tools and knowledge to succeed in the competitive real estate market. The training program includes several key components:
1st Class Real Estate franchise does not explicitly offer traditional territory protection to its franchisees. Instead of exclusive territories, the franchise model focuses on providing robust support and resources that allow franchisees to thrive regardless of market density.
This approach is designed to encourage growth and competition within the network, ensuring that all franchisees have access to the tools and support needed to succeed.
By not limiting franchisees to specific territories, 1st Class Real Estate promotes a collaborative environment where agents can operate in various markets, enhancing their ability to scale their businesses.
KEY FRANCHISE STATS
All you need to know about this franchise
?
?
?
?
?
?
Below are some of
1st Class Real Estate
key competitors in the
Broker/Realtor
sector.
103
$25,000
$31,000
$159,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
1 Percent Lists
Under $25K
30
$15,000
$23,000
$59,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
LakePlace.com
$50K - $100K
6
$10,000
$51,000
$115,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
Windermere Real Estate is a real-estate brokerage franchise offering home-buying, selling and leasing services across multiple states, serving agents and clients, and known for community-centred culture, advanced marketing tools and proven franchise systems.
?
?
Intero Real Estate Services is a real-estate brokerage franchise offering full-service buying, selling and leasing of homes and commercial properties, serving agents and clients, and known for strong training, agent-centric model and technology-enabled branding.
?
?
Valbridge is a valuation-services franchise offering real-estate appraisal, review and consulting services for commercial and residential markets, serving lenders, brokers and property-owners, and known for national network, compliance focus and high-quality data standards.
?
?
Harcourts is a real-estate brokerage franchise offering residential and commercial brokerage services, serving property buyers, sellers and agents, and known for innovative tools, global network backing and culture focused on growth and professionalism.
?
?
Iron Valley Real Estate is a real estate franchise offering brokerage services and agent support systems, serving buyers, sellers, and real estate professionals, and known for its agent-centric commission model, low startup costs, and modern technology.
?
?
Watters International Realty is a real estate franchise offering comprehensive services for buying and selling homes, known for its innovative marketing strategies and client-focused approach.
?
?
.png)
.png)
