In 1998, two university students in New Brunswick, Canada, had $100 and a dream. They hoped to revamp the entire real-estate industry simply using the power of the worldwide web. The result? PropertyGuys.com. By Lizzy Yeserski
In 1998, two university students in New Brunswick, Canada, had $100 and a dream. They hoped to revamp the entire real-estate industry simply using the power of the worldwide web. The result? PropertyGuys.com.
Now, almost 25 years later, PropertyGuys.com operates in 10 Canadian provinces and nearly 100 franchise locations, serving home sellers in 600 communities. And in 2020, PropertyGuys.com barreled into the U.S., bringing decades of experience and enthusiasm with them.
“We’re just super excited to expand into the U.S.,” said Ken LeBlanc, CEO, noting the similarities between the Canadian and U.S. real-estate markets. “There’s no other model in the U.S. like this. There are lots of for-sale-by-owner companies and online companies, but we’re the only franchise system.”
LeBlanc’s excitement turned out to be warranted. In less than two years (and during a global pandemic), PropertyGuys.com has sold master franchises in Florida and area developer agreements for both Texas and Massachusetts.
And the opportunities for potential franchise owners are endless.
The concept is simple yet brilliant. Relying on the same tools real-estate agents use (namely, MLS listings and cameras to take property photos), PropertyGuys.com cuts out the go-betweens. Home sellers pay a flat rate up-front, which translates into higher profits for them and a transparent, seamless sales process for all parties.
Being affordable for homeowners doesn’t mean low profits for franchisees. On the contrary, the business model enables entrepreneurs to hit the ground running fast and with minimal costs, maximizing profitability. Plus, the corporate call center converts leads into local sales appointments, while taking the place of employees and office space. This magical combination of low costs and high profit margins equals a fantastic business backed by extensive corporate support.
Not only that, PropertyGuys.com protects territories for owners.
“We actually carve out a specific county or counties to make sure there are enough dwelling counts,” explained LeBlanc. “Once we sell one unit, that’s it – there’s no other franchisee that can service those clients in that market.”
Oh, and the icing on the cake? No real estate license is required.
But perhaps the best part about owning a PropertyGuys.com business, besides an optimal work-life balance and the ability to pursue your own destiny, is the satisfaction of helping people. “With our franchises, it allows them to be in real estate and become the good guy. We call it the ‘Robin Hood’ of real estate,” said LeBlanc. “It’s about allowing and empowering home sellers to take control of the process.”
And the team’s newest technology helps franchisees facilitate this process easily. “Right before the pandemic hit, we were building some new software that would allow home sellers to directly publish their listings on our platform and the MLS,” said LeBlanc. As luck would have it, this engaging and interactive tool enabled franchisees to stay open during COVID-19 when going into people’s homes wasn’t possible.
Owning a PropertyGuys.com franchise is as unique and innovative as the technology itself. “Our tagline says it: We are the future of real estate,” said LeBlanc. “So, it’d be really exciting to get people on board and join the private sale revolution.”
You can be part of the future of real estate, too! All you need is passion and the dream. PropertyGuys.com will provide the rest. Visit their website for more information and to secure your prime territory.
Lizzy Yeserski
Contact: propertyguysfranchise.com