Real Estate Agency Franchises
The Real Estate Agency Franchises industry performance is highly reliant on cyclical conditions, as consumers and businesses invest in new properties when economic conditions are trending positively. Thus, over the five years to 2018, the industry has steadily expanded as higher incomes, increased access to credit and expanding corporate budgets have prompted the value of construction to rise. Over the next five years, industry growth is expected to persist as construction activity trends upward as a result of rising corporate profit and growing per capita disposable income. Furthermore, the development of technology is expected to cause operators to increasingly offer online services, such as online property listings. This is expected to create new competition, which will be met by stronger consolidation from major industry players with a national presence.
Real estate agency franchises receive branding, marketing, administrative support, training and other services in exchange for franchise, royalty and renewal fees to the franchisor. Industry operators are limited to real estate agency companies that operate as a franchise and exclude other operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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