Start-Up Costs and Fees |
||
| Advance Realty | Weichert Real Estate | |
| Investment | 55600 - 129000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 1.75% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2001 | 1969 |
| Year Franchised | 2005 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Advance Realty | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Advance Realty | Weichert Real Estate | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Advance Realty | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Advance Realty | Weichert Real Estate | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Advance Realty | |
| Weichert Real Estate | |
| Franchise Fee | |
| Advance Realty | |
| Weichert Real Estate | |
| Royalty Fee | |
| Advance Realty | 1.75% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Advance Realty | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Advance Realty | 2001 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Advance Realty | 2005 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Advance Realty | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Advance Realty | $1,750 |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Advance Realty | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Advance Realty | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| Advance Realty | |
| Weichert Real Estate | |
| Equipment | |
| Advance Realty} | |
| Weichert Real Estate | |
| Inventory | |
| Advance Realty | |
| Weichert Real Estate | |
| Receivables | |
| Advance Realty | |
| Weichert Real Estate | |
| Payroll | |
| Advance Realty | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Advance Realty | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Advance Realty | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Advance Realty | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Advance Realty | |
| Weichert Real Estate | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Advance Realty | |
| Weichert Real Estate | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Advance Realty | 0 |
| Weichert Real Estate | |
| International Expansion | |
| Advance Realty | |
| Weichert Real Estate | |