Red Barn Homebuyers
Franchise Opportunity
Real Estate Business for Sale in Memphis, TN
Join Our Franchise Team
Red Barn Homebuyers model is designed to use a proven business strategy overseen by highly experienced and driven business leaders allowing practitioners to focus on what they do best, whilst still enjoying the lucrative success of being a business owner.
The Ideal Candidate
The Red Barn brand is important to us, we have invested 15 years building a family of very successful businesses. For Red Barn Homebuyers we plan to be very selective with who we award a franchise to, it is essential that a person is the right fit.
So, what characteristics does the ideal Red Barn franchisee possess?
Tenacity
lndividuals who will fight every day to land а deal, who don't accept "no" for an answer, and who embody persistence and determination. The individual needs GRIT!Risk Tolerance
А person who won't shy away from an opportunity when questions тау not have answers. Real Estate is inherent with risk, you must bе comfortable with it.Vision and Focus
Someone who can see the possibilities that exist, think creatively, AND remain focused to see it through to completion.Relationship Builder
Individuals who can build a relationship with a homeowner. develop a team around themselves, and leverage those relationships for success.Track Record of Success
Those who have applied themselves and succeeded in the past are inherently more likely to succeed at new ventures.Brand Champion
Someone who will represent the Red Barn brand well, who will champion it through their business, and who embrace the values and culture of our organization.Alignment
Someone who will follow the guidelines, principles, and expectations of the Red Barn Homebuyers franchise. Some people are better solo, we're looking for individuals who can operate within our team framework.Real Estate market in Memphis, TN
651,088
Population
254k
number of households
304.62 sq mi
territory
$115,900
property value
$43,794
household income
46.4%
homeownership (Own vs Rent)
Territory Overviews for Red Barn Franchise
in Memphis, TN
With more than 650,000 residents, Memphis is credited as the home of the blues and the birthplace of rock and roll. Currently, residents have median household incomes of $41,864, with males posting an average annual income of $46,310. That annual income amounts to roughly 1.37 times the earnings of females. The result is that Memphis has an income inequality rating of 0.463 according to the data analyzed for the Gini Index. That rating is lower than the national average.
Memphis's sales tax is higher than the national average of 6.2%, with the current figure at 9.3%. The city has no income tax, versus the national average of 4.6%.
The unemployment rate in Memphis compares unfavorably with the national average. According to the most recent figures, the city has a rate of 8.0%,which is higher than the national rate of 6.0%.
More than 291,000 people are employed in Memphis. Those seeking work will find the most jobs available in Health Care & Social Assistance, Transportation & Warehousing, and the Retail Trade. People seeking the highest paying positions will find them in the Management of Companies & Enterprises, Utilities, and Finance & Insurance fields.
Why a Real Estate Investing Franchise?
Want to use a proven system and learn from the mistakes of others?
Red Barn Franchise Opportunity
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