RMIT franchises can offer real estate, mortgages, insurance and title insurance because every franchise is licensed in four areas - not just one. As a RMIT franchisee, you will obtain mortgage, insurance and title insurance licenses in addition to your real estate license. In that sense alone your real estate company will stand apart from any others in your area. But the real secret is RMIT's processing departments. A business that sells mortgages, insurance, and title insurance needs departments capable of processing those products. The vast majority of real estate companies are simple too small to have such departments. So when a customer asks about mortgages, insurance, or title insurance, most real estate agents and companies refer their customer to a mortgage, insurance or title company.



Your RMIT individual franchise will not have these departments either. But you will have direct access to RMIT regionl franchises, which do. You will sell, help process, help track, help gather and manage information for the mortgage, insurance, and title insurance products. Your regional franchisee will process them. The reason it hasn't been done before is that no other company has created three entities - franchisor, regional franchise and individual franchisees - to perform all the necessary tasks involved. Maybe it hasn't been done before is because someone other than the broker/owner wants to make that money.The RMIT system is truly unique, and pending patents protect every aspect of the system.



No business needs a revolution more than the real estate business

If you've worked in real estate you know the shortcomings.

-Too many real estate companies are unprofitable.

-Too many real estate agents are unprofitable.

-Recruiting of agents is awkward and seldom proactive.

-Educating and training of agents can be minimal or nonexistent.

-Customer service through "ONE STOP SHOPPING" is nonexistant in todays markets (except for maybe the largest companies).

-Franchise profits are made from the top down not the bottom up.

Add to these problems a dysfuncional commission system and the fact that a very small percentage of real estate businesses and agents account for a very large percentage of all real estate transactions and you will see an industry in trouble.




Current real estate franchises aren't much help

Many real estate businesses, desperate for a competitive advantage, have bought franchises. Some of these franchises have provided a recognizable name, but beyond that their franchises get little else. Training is usually minimal. Ongoing support can be non-existent. But the royalties are collected without fail! Nothing these franchises offer fundamentally changes the way real estate companies do business.