If you would like to have your own Franchise Property Management and looking for a opportunity to start now, then here is your Chance. You can start in your choosen Territory (no exclusive Areas) with your own Groundfloor24 Franchise Business.

Franchise Fee:

19.000 NZD (One time payment)

Term:

10 years, plus 5 years option

Technology Fee:

130 NZD per User per month (at least 1 User)

Royalty Fee:

5% from Revenue

Admin Fee:

570 NZD per month

National Marketing Fee:

950 NZD per month

Transaction Fee:        

0.1% of the purchase price, maximum 380 NZD each Sale (1.-12 Deal).

0,1% of the purchase price, maximum 290 NZD each additional Sale

3% of first 3 months regular rent (without free and/or reduced monthly rent), maximum 80 NZD each Lease/ Rent

Total Investment Range:

152.000 NZD – 285.000 NZD

In the 3rd year you have to Open an Office in your Territory without restrictions.

Services Headquarter Groundfloor24:

Real Estate Agents CRM including Transaction documentation and Docu sign with Mobile App

Transaction Software

Billing and bookkeeping

National Marketing

Franchisee Support

Billing is carried out by the company headquarters by the 10th of the following month.

If you suggest a new Real Estate Agent, you will receive 10% from his/ her commission for the first 3 Deals. These 10% will be paid from Groundfloor24.

If you open an Office, Groundfloor24 will Support you following.

0,25% from Revenue (max. 475 NZD per year).

Additional 0,25% from Revenue (max. 475 NZD per year)., if you have an Office together with a Real Estate Agency Franchisee Groundfloor24

Additional 0,25% from Revenue (max. 475 NZD per year)., if you have an Office together with a Mortgage Broker Franchisee Groundfloor24

Additional 0,25% from  Revenue (max. 475 NZD per year)., if you have an Office together with a Insurance Broker Franchisee Groundfloor24

Additional 0,25% from  Revenue (max. 475 NZD per year)., if you have an Office together with a Property Valuation Franchisee Groundfloor24