Engel & Völkers Licence Partner Expansion Switzerland > Blog > Franchise foundation in the second half of life: That's why self-employment is worthwhile past age 50!

Franchise foundation in the second half of life: That's why self-employment is worthwhile past age 50!

The long-standing dream of an independent career and the management of your own

The company does not have to remain a dream even in its advanced age beyond the age of 50: Engel & Völkers' real estate franchise offers excellent prospects for the successful founding of an independent real estate agency, which has already proven its worth at more than 800 locations worldwide. Take advantage of the unique privileges that result from using our prominent brand and acquiring your exclusive license to market premium villas, houses and apartments. Read in the following Engel & Völkers franchise article why a higher age is not a problem for your start-up and why instead you actually have a number of advantages over younger founders, read in the following Engel & Völkers franchise article.

Self-employed in old age: good reasons for a career change

Statistically, more than one third of all new start-ups are made by entrepreneurs who have already reached 45 years of age. The proportion of founders over the age of 65 is also growing. Among other things, an improved health awareness and higher living standards are responsible for this demographic development compared to a few decades ago. Many people, after working for a long time in dependent employment, finally want to realize themselves and put their long-term goals into practice with an independent career - such as a franchise real estate broker. Also, to increase one's income in the second half of life, self-employment is often seen as a welcome opportunity. Anyone who has been out of work for a longer period of time, for example after a sabbatical, a longer stay abroad or a parental leave, can seize the opportunity to take the next step for their own professional development and become Engel & Völkers franchisees.

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- Exemplary real estate shop for franchisees within the Engel Voelkers real estate franchise

Take advantage of your life experience for your new career in real estate franchise

If you're looking to start a franchise at the age of 50, 60, or 70, you'll be able to access a number of benefits that are denied to younger franchisees. First of all, you have much more professional and life experience: You have probably mastered much more critical situations in an operational context, have successfully completed business deals or made business contacts than a new self-employed person aged 25 or 35. This experience ensures that you can approach your career in a much more relaxed, reflective, and less impulsive manner and make the right decisions in a level-headed manner. In addition, you have already had more time to accumulate the required equity needed to start a franchise real estate business, while younger founders often receive a larger share of leverage. In addition, especially in the premium real estate industry, you are often in contact with older customers, as the high-value properties are rarely bought by young buyers - so it is easier for you to anticipate the wishes and needs of your customers as the generational gap is likely to be often low.

The point of networking mentioned above is also relevant in the real estate sector: the numerous contacts you have made in the course of your business and private life can be of great help in the brokerage of residential real estate in your new franchise license area. In summary, these advantages provide the ideal basis for succeeding as a franchise real estate broker at Engel & Völkers even in old age.

Going independent as a real estate broker: That's why Engel & Völkers is your franchise reference

If you choose Engel & Völkers as your future franchisor, you can expect flexible and tailored conditions to your individual situation. We arrange a license agreement whose duration meets your age-appropriate ideas. If you live in a currently free license area, you may be able to open your own real estate store, even in the immediate vicinity of your regular living environment, so you do not need to travel a long distance or move to the new franchise career. In general, while you are self-employed, thanks to the easy-to-access Engel & Völkers software, you benefit from employment that is decoupled from both spatial and temporal obligations. Work whenever you want, where you want to and set the scope of your activity yourself to have as much time as you want for family, friends or hobbies. Engel & Völkers - Live the dream of independence and become a franchise real estate agent. We look forward to you - we are happy to advise you in an individual consultation about your options.


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