FAQs

What are the startup costs and what do they include?

Current investment range is from $53,232 to $131,860 which includes the $25,000 initial franchise fee for one territory. Other estimated costs include office fit out, pre-opening and grand opening market launch, plus 3-months of working capital.

How much space do I need for this office?

While you are not required to secure a stand alone “bricks and mortar” office, a local presence for a real estate company is valuable. You may start with a co-working office option although we would quickly encourage you to explore an office space of somewhere between 750 - 2,000 square feet of Class A office space. We have specific site criteria which will help you evaluate real estate that would be a good fit for your Fulton Grace Realty office.

What kind of Marketing and Support does Fulton Grace Realty offer?

We have a comprehensive library of print, digital and social media assets as well as an in-house agency team.

They support our Realtors, property owners and agents with the right messaging, materials and assistance they need to advertise properties for sale, lease, or rent. From monthly e-mail marketing greetings and newsletters to our informational blog that keeps people coming to FultonGrace.com for more information, you will have everything you need at your fingertips whether you are on the road using your phone or tablet, in the office or hosting an Open House.

Do I need special licensing to become a Fulton Grade Realty franchise owner?

Licensing requirements will vary from state to state; one or more of the ownership group should hold an active real estate broker license, or property management license.

Are you one of our ideal candidates?

How long does it take to launch a new market and open the office?

You should be able to open your office in 3 to 6 months depending on how quickly you get through the pre-opening process which includes fit out of your office and completing training.

How many employees are needed to operate the business?

Typically between 1 and 5 employees, with a mix part and full-time agents, licensed Realtors, property management staff and office support. When you are ready to grow and add new agents link them into our brand training program and weekly seminars to get them up and running (and on their own) in about a month.

Can I own more than one office and expand the territory served?

Yes. We believe some owners will operate multiple offices and can acquire additional territory. We offer discounts on initial franchise fees for owners who commit up front to additional territory.

What technology and support Fulton Grace Realty offer to franchise owners?

We are “tech forward” and our technology solutions platform - which we call “The Hub” - is more robust than you have ever seen...at least we think it will be. The Hub combines an easy-to-use CRM, our market trends tool, the Fulton Grade Realty property management and rental database, and transaction management dashboard are combined with “BOOST” to allow each agent or property manager AND their clients to be able to instantly see what is happening in real time.

do i have to be an owner operator?

Yes, franchise owners must be an active leader in their local Fulton Grace Realty office.

how much will the business make in a year?

That is up to you! We provide a detailed Financial Performance Representation, called an item 19 in your Franchise Disclosure Document which highlights affiliate performance and history. This can be a useful tool to help you evaluate the revenue potential for your Fulton Grace Realty Business.