FRISCO, Texas, Oct. 26, 2021 /PRNewswire-PRWeb/ — JPAR® – Actual Property, America’s #1 fastest-growing 100% fee brokerage, is happy to announce that, primarily based on the information reported within the Nationwide Affiliation of REALTORS® 2021 Franchise Report, it’s the #1 Quickest-Rising Franchise by Share of Workplace Progress.
“We’re honored to have achieved this spectacular recognition of our firm’s progress,” mentioned Laura O’Connor, President and COO, JPAR® – Actual Property. “Our worth proposition and platform are second to none. The info on this report is a testomony to the worth and belief that brokers place in our model.”
Key findings of the report embody:
- Since 2003, REALTOR® Journal has been offering readers with a report on residential actual property franchisors; 31 franchisors participated on this 12 months’s report.
- Franchisors noticed slight progress of their share of the residential franchise market, in contrast with 2019, whereas the share of NAR members affiliated with a franchise, 42%, remained the identical.
- Brokers who’ve made the choice to affiliate with a franchise say they regarded for not solely nice techniques but in addition a enterprise mannequin that prioritized their progress and that of their brokers.
- 100% fee franchises are the fastest-growing sort of actual property franchise by agent rely, with the 100% fee franchise section rising at a mean price of 23% over the previous 2 years.
JPAR® has outperformed each the 100% fee franchise section and the general residential actual property franchise section, doubling in measurement over the previous 2 years. “The corporate-owned shops have established a stable monitor report of success,” mentioned Mark Johnson CEO, JPAR® – Actual Property company-owned operations. “Now, with the addition of Laura O’Connor, the JPAR® model is well-positioned for progress by means of franchise affiliation as we proceed to develop influential trade leaders all throughout the U.S.,” added Johnson.
Total, since 2019, franchisors have grown their share of residential actual property brokerages barely. The just-released 2021 Nationwide Affiliation of REALTORS®’ Profile of Actual Property Corporations exhibits 12% of actual property corporations are independently owned franchise corporations, up from 11% in 2019. One other 2% are subsidiaries of a nationwide or regional company that operates a franchise, up from 1% in 2019.
About JPAR® – Actual Property: JPAR® – Actual Property and JPAR® Franchising is a full-service actual property brokerage and franchise platform providing a extremely aggressive transaction fee-based mannequin and agent-centric tradition. The JPAR® platform supplies brokers 7 day-per-week dealer help, bodily workplace areas, a complete tech stack and open structure, bodily workplace areas, advertising and marketing, lead era, coaching, teaching, mentoring and agent well being care. The corporate boasts greater than 3,300 brokers working in 61 places of work throughout 24 states and closes greater than $8B yearly in gross sales quantity.
For extra details about franchise alternatives, go to franchise.jpar.com.
Matt Gentile, My BFF Social LLC, +1 (412) 477-3349, [email protected]
SOURCE JPAR® – Actual Property