Integra Realty Resources

Overview

Integra Realty Resources (IRR) is a prominent real estate valuation, advisory, and consulting company offering services to a wide range of clients, including financial institutions, developers, investors, and attorneys. Established in 1999, IRR operates over 50 franchised units across the United States, making it one of the largest property valuation firms in the country. The firm focuses on commercial real estate, providing expert property appraisals and feasibility studies, as well as real estate counseling services. IRR is headquartered in Denver, Colorado.

History

IRR was founded in March 1999, and it began offering franchise opportunities the same year. The company rapidly grew by focusing on the valuation of commercial real estate, creating a network of local franchises that provided a personalized yet highly professional service. This approach helped establish IRR as a trusted name in real estate appraisal and advisory services across the U.S.

Investment Breakdown

The estimated initial investment for an IRR franchise ranges from $236,000 to $308,000, which includes a franchise fee of $40,000. This cost covers the setup and operational support necessary for the franchisee to run the business. Additionally, franchisees gain access to IRR’s proprietary business systems and technology, which assists in managing client relationships, appraisals, and business operations. Franchisees are also provided with comprehensive training in marketing and business management.

Industry Snapshot

IRR operates within the commercial real estate industry, a sector that has seen fluctuations due to economic trends, but remains critical for large financial institutions, legal firms, and investors. As a commercial appraisal and advisory service, IRR benefits from consistent demand in periods of both growth and contraction, as businesses and investors require appraisals for acquisitions, refinancing, and legal disputes. This consistency has contributed to the company's longevity and appeal as a franchise opportunity.