Professional One has created a concept which allows its franchisees to operate with extremely low overhead without compromising the quality of service provided. This move to a lean brokerage is the next step in the evolution of the real estate model.
Because of the decline of the real estate market which began in 2006 and which has been further intensified by the current financial crisis, the real estate industry is going through an era of unprecedented challenge and change. As a result, every aspect of the real estate brokerage ownership experience is being re-examined and reconsidered. On both coasts and in several other progressive states in between, traditional “big box†real estate office setups are decreasing in number and being increasingly replaced by small — and, in some cases, virtual — operations on an ad-hoc, broker-by-broker basis.
Real estate franchisor Professional One Franchising, LLC sees opportunity within this trend. They have developed a component — the Small-Box©/Virtual Office — within their franchise concept which allows their franchisees to enjoy all the benefits of traditional real estate franchise ownership, with two significant, unique twists: the franchisee can eliminate one of its largest expense components – the front desk/reception function – and replace it with Professional One’s Professional Call Center (PCC), or take the cost savings another entire step further and eliminate their physical office altogether and operate under a “virtual†environment in which Professional One handles nearly all of the basic infrastructural components for the franchisee.