If you would like to have your own Franchise/ Brokerage Real Estate Agency and looking for a opportunity to start now, then here is your Chance. You can start in your choosen Territory (exclusive Areas) with your own Real Estate Matching24 Franchise Business.
Franchise Fee:
38.000 SGD (One time payment, depends of the Territory size)
Territory Fee:
38.000 SGD (One time payment, depends of the Territory size)
Territory size:
300.000 inhabitants
Term:
10 years plus 5 years Option
Technology Fee:
120 SGD per User per month (1.-3. months payable Up Front, from the 4th month onwards on the 1st of the month)
Commission Split with Agents:
85% Real Estate Agent less 8% Royalty Fee (1.Cap 22.500 SGD = 15% from 150.000 SGD Revenue, then switch to 90%)
11% Franchisee (maximum 16.600 SGD)
4% National Marketing Fee
90% Real Estate Agent less 8% Royalty Fee (2.Cap 7.500 SGD = 10% from additional 75.000 SGD Revenue)
6% Franchisee (maximum 4.500 SGD)
4% National Marketing Fee
Total Cap: 30.000 SGD = 225.000 SGD Revenue
Royalty Fee:
8% from Revenue
(1.Year 6% from Revenue)
(without Real Estate Agents Revenue)
Admin Fee:
750 SGD per month (1.year 450 SGD per month)
National Marketing Fee:
750 SGD per month plus 4% from Revenue (without Real Estate Agents Revenue)
Transaction Fee:
0,2% of the purchase price, maximum 750 SGD each Sale (1.-12 Deal)
0,2% of the purchase price, maximum 380 SGD each additional Sale
3% of first 3 months regular rent (without free and/or reduced monthly rent), maximum 140 SGD each Lease/ Rent
Transaction Fee is paid by the Real Estate Agent who concludes the contract.
Total Investment Range:
120.000 SGD – 225.000 SGD
In the 3rd year you have to Open an Office in your Territory without restrictions.
All Real Estate Agents in your Territory will connected to your Franchise. You should have in the 3rd year at least 3 Real Estate Agents and with the 4th year at least 5 Real Estate Agents.
Commission billing is carried out by the company headquarters by the 10th of the following month.
Services Headquarter Real Estate Matching24:
Real Estate Agents CRM including Transaction documentation
and Docu sign with Mobile App
Transaction Software
Billing and bookkeeping
National Marketing
Real Estate Agents Support
Franchisee Support
If you open an Office, Real Estate Matching24 will Support you following.
0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year
Additional 0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year, If you have at least 8 Real Estate Agents
Additional 0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year, If you have an Office together with a Property Management Franchisee Real Estate Matching24
Additional 0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year, If you have an Office together with a Mortgage Broker Franchisee Real Estate Matching24
Additional 0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year, If you have an Office together with a Insurance Broker Franchisee Real Estate Matching24
Additional 0,5% from Revenue (max. Cap = 225.000 SGD, max. 1.125 SGD per year) of each Real Estate Agent per year, If you have an Office together with a Property Valuation Franchisee Real Estate Matching24
For example, if you have 8 Agents and an Office together with two of the above Real Estate Matching24 Franchisee, then Real Estate Matching24 will support you with Maximum 36.000 SGD per year (4 x 0,5% = 2,0%, 2,0% from max. 225.000 SGD = 4.500 SGD, 4.500 SGD x 8 Real Estate Agents = 36.000 SGD), depends of Revenue of each Real Estate Agent.
Membership Real Estate Agent
(preliminary stage to become a Franchisee Real Estate Agency, Business Ownership)
If you would like to have your own Franchise Real Estate Agency and looking for a opportunity to start as an Real Estate Agent, then here is your Chance. You can start in your choosen Territory (300.000 inhabitants) and in 12-18 months you can open your own Real Estate Matching24 Franchise Real Estate Agency.
After 18 months (earliest 12 months) you start your Franchise Real Estate Agency. Alternative you can be an Real Estate Agent, it depends on you.
Another advantage is, that 50% of the Royalty Fee while the Membership reduces the Franchise Fee.
More information you will find on the Page Membership Real Estate Agent.