Start-Up Costs and Fees |
||
| Flat Rate Realty | Weichert Real Estate | |
| Investment | 42500 - 125000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | $500 | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1969 |
| Year Franchised | 2006 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Flat Rate Realty | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Flat Rate 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 |
||
| Flat Rate 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 |
||
| Flat Rate 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 | |
| Flat Rate Realty | |
| Weichert Real Estate | |
| Franchise Fee | |
| Flat Rate Realty | |
| Weichert Real Estate | |
| Royalty Fee | |
| Flat Rate Realty | $500 |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Flat Rate Realty | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Flat Rate Realty | 2004 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Flat Rate Realty | 2006 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Flat Rate Realty | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Flat Rate Realty | $1,000 |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Flat Rate Realty | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Flat Rate Realty | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| Flat Rate Realty | |
| Weichert Real Estate | |
| Equipment | |
| Flat Rate Realty} | |
| Weichert Real Estate | |
| Inventory | |
| Flat Rate Realty | |
| Weichert Real Estate | |
| Receivables | |
| Flat Rate Realty | |
| Weichert Real Estate | |
| Payroll | |
| Flat Rate Realty | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Flat Rate Realty | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Flat Rate Realty | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Flat Rate Realty | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Flat Rate 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 | |
| Flat Rate 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 | |
| Flat Rate Realty | 0 |
| Weichert Real Estate | |
| International Expansion | |
| Flat Rate Realty | |
| Weichert Real Estate | |