HomeServices of America, the leading franchisor of residential and commercial real estate brokerages, has recently come under scrutiny for its practices with its franchisees. Executives of the company have taken the stand to explain why the company does not offer franchisee businesses legal advice nor interferes in everyday operations in order to give an even field across all located franchises.
The executives argue that competitive rules, such as commission rates, must be left to the jurisdiction of local markets and handled independent from corporate guidance. The only purpose HomeServices may have is to offer simple education peculiar to the industry. With the understanding and philosophy that only the local markets is best fit to determine paths for local business success, it is believed that HomeServices of America may remain as the best franchisor in the nation.
Main Takeaways:
– HomeServices of America, a franchisor of real estate brokerages, has recently come under scrutiny
– Executives have taken the stand to explain why the company does not offer franchisee businesses legal advice or interfer in operational matters
– Understand that only local markets can determine paths to success, allowing HomeServices of America to remain the best franchisor in the nation
You can read this full article at: https://www.housingwire.com/articles/judge-denies-homeservices-motion-for-dismissal-in-sitzer-suit/(subscription required)
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