If you are looking for information on the Showhomes franchise business opportunity, Showhomes franchises or Showhomes franchising, then you have come to the right place.
Showhomes has helped Realtors and homeowners sell more than 22,000 homes worth more than $7 billion since its founding in 1986. Showhomes gives its franchisees an opportunity to add value to a well-defined, but under-served, real estate niche: vacant houses.
It's a fact: well-furnished homes, kept in show-to-sell condition seven days a week, sell faster - and at higher prices - than vacant properties. We add value to empty houses by transforming them into inviting, cared-for homes, furnishing, decorating and managing them for maximum value. Our proven business model offers robust returns without the risk and capital expense of buying and selling property.
If you're a business person with leadership skills, integrity, a fundamental knowledge of real estate and the desire to provide an exciting, unique service, you could be a Showhomes franchise owner.
In 1986, as housing inventories and foreclosures skyrocketed, Showhomes' founders pioneered an inventive way to convert the downturn into a lucrative venture. They launched Showhomes of America, a turnkey service to furnish, decorate and manage vacant homes so they would show better and command higher market prices for their owners. The concept proved so successful that, within a year, PHH Homequity - the nation's largest corporate relocation company and parent of Coldwell Banker, ERA and Century 21 - established an alliance with Showhomes and opened 14 offices nationwide. In 1994, the company decided to franchise its unique business model to create opportunity for more rapid growth and market penetration.
Showhomes franchise owners have an indefinable spark that sets them apart. They offer a unique combination of creativity, real estate acumen and the willingness to try new things. If you'd like to join the team, we're looking for experienced business professionals with a sense of adventure, fundamental knowledge of real estate and these qualities:
In 2004, a group of seasoned real estate investors and business leaders purchased Showhomes and adjusted the business model. Up to this point, modest fees from home managers were the only revenue stream for franchise owners. Recognizing the value that Showhomes delivers to homeowners, the company revamped its fee structure to align homeowner fees with the value added. A success fee - paid by the homeowner at closing - now rewards the accelerated sales and higher market values that Showhomes delivers.
"When a house is vacant, buyers make lowball offers, hoping to take advantage of an owner they think is desperate to sell. Furnished, decorated homes strike an emotional chord, and buyers make premium offers."
Allen Baron, Realtor, Scottsdale, AZ
"Compared to other investment opportunities in real estate, being a Showhomes franchise owner offers a much higher return on investment and significantly reduced monthly expenses."
Hudson Wolfe, Franchise Owner, New Orleans, LA