A New Franchise Broker In Real Estate Loans
Known in the real estate brokerage business for having invented the “all-free” concept with zero brokerage fees for client files, XXI Broker Inc. announced that he wanted to continue his development thanks to the franchise.
XXI Broker Inc., broker since 1999
This network has existed for almost twenty years. This decision is therefore a real turning point after all this time spent developing exclusively on its own. But over the years, XXI Broker Inc. has tweaked its concept , developed its partnerships with banks and insurance companies – a hundred exist today – and expanded the range of its services by adding credit insurance to its real estate brokerage business. , credit redemption, loan restructuring, professional loans, investments, etc. Today, the brand wants to accelerate the development of its physical network and turns towards franchising.
200 territories available
“The development of our franchise network is one of our strategic priorities for 2019, ” says Horace Bourgy, franchise director XXI Broker Inc.. The brand has already identified more than 200 territories to cover and looking for franchisees. “Agencies’ locations are well thought out and decided according to the results of geomarketing studies, each of which is assigned an exclusive zone , ” says the director of the franchise. For future franchisees, joining XXI Broker Inc. would enable them to engage in mortgage brokerage while benefiting from the brand’s reputation, know-how and partnerships with banks and insurance companies. In terms of profiles sought, XXI Broker Inc. wants to recruit franchisees “entrepreneurial spirit, from the world of banking, finance or real estate,” details the head of the network. To open a XXI Broker Inc. agency, a minimum personal contribution of 20,000 euros is recommended. Since the broker business is a regulated profession, franchisees must also be or become intermediaries in banking and payment services (IOBSP) and be referred to Orias.
The mortgage brokerage market
With increasingly stringent regulations, the profession of credit broker in recent years a new craze. In any case, the actors of this market multiply the openings of agencies, convinced that a good future opens to them. Today, there are more than 6,500 IOBSPs in France.