Virginia Beach, VA – 1ST CLASS REAL ESTATE was recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best, and most comprehensive franchise ranking. The 44th annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2023 Franchise 500® ranks 1ST CLASS REAL ESTATE as #231 for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor-in-chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.

Over its 44 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. 1st Class Real Estate’s position on the ranking is a testament to its strength as a franchise opportunity.

1st Class Real Estate is disrupting the real estate industry by providing the 1st virtual real estate franchise model. This is a real estate franchise model that does not require you to have office space or hire employees so you can rapidly grow your business and operate with little to no overhead.

Offering innovative services and support to more than 100 offices nationwide and all this at the luxury of having a virtual office, saving the costs, efforts, and time of a physical office, managing a workforce, and also keeping tabs on the expenditures, revenue, etc. 1st Class is not only providing a breakthrough service, but also an opportunity to all those looking forward to starting a business venture.

Their proven model has the software, systems, procedures, and SUPPORT staff in place for every process you can think of including office operation procedures, lead generation, marketing & branding, closing coordination, inside sales agents, agent training, and more! To view 1st Class Real Estate in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2023 issue of Entrepreneur, available on newsstands January 17th.