Advance Realty is placed as the 323rd Top Franchise Worldwide by Entrepreneur's Franchise 500 for 2011 and fifth for real estate franchises.
Advance Realty joined the ranks of the top franchises in the world this week, when the company was listed at number 323 on the 32nd Annual Franchise 500 list by Entrepreneur Magazine, just below Weichert Real Estate at 322. This is the second debut within a year for a national ranking system, as Advance Realty debuted in Real Trends 500 in spot number 362 in April of 2010.
Annually, Entrepreneur reports the top 500 franchises worldwide. Continuing each year with an optimistic mindset for growth while providing full service real estate needs, Advance Realty began in 2005 with 3 locations and finished 2010 with 39 franchises nearly doubling the number of offices since 2009. Advance has proven itself in best and worst of markets. "I believe the desire to be an Advance Realty Franchisee comes from the realization by real estate agents and brokers that consumers demand professional service and savings, and by the commitment of our staff and our area developers serving the needs of our office owners and agents." notes Harry W. Blondell, CEO.
The figures come from a process that began in July 2010 when eligible franshises submit their information. The most important criteria to determine the top franchises include growth rate, size of the franchise system, stability as well as financial strength. There is a first cut allowing only 760 to be eligible and out of that, the top 500 franchises are ranked by financial and statistical information from the time period July 2008 through July 2010.
Advance Realty, known for its reduced listing fee and full service, consumer value-driven programs, was established in 2001 in Baltimore, Maryland. Within the last four years, Advance has moved into ten states following a steady expansion plan. Through the "List more, sell more" system, franchise owners and their agents are offered the most incentive rich, income-generating programs available in the trade and the most long-term profitability. Advance Realty offers complete real estate services and numerous franchise owner benefits including marketing and administrative support, integrated real estate technologies and comprehensive training.