Global Choice Real Estate vs Red Carpet Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Global Choice Real Estate vs Red Carpet Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Global Choice Real Estate Red Carpet Real Estate
Investment 39900 - 188000 36000 - 36000
Franchise Fee
Royalty Fee Flat fee of $795 per month 5%
Advertising Fee 0.50%
Year Founded 2004 1966
Year Franchised 2005 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Global Choice Real Estate Red Carpet Real Estate
Experience

Financing Options

  Global Choice Real Estate Red Carpet Real Estate
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Global Choice Real Estate Red Carpet Real Estate
Training Meetings Quarterly
Support Field Training Franchisee Newsletter Regional or National Meetings
Marketing
Operations Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged

Expansion Plans

  Global Choice Real Estate Red Carpet 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
Global Choice Real Estate
Red Carpet Real Estate
Franchise Fee
Global Choice Real Estate
Red Carpet Real Estate
Royalty Fee
Global Choice Real Estate Flat fee of $795 per month
Red Carpet Real Estate 5%
Advertising Fee
Global Choice Real Estate
Red Carpet Real Estate 0.50%
Year Founded
Global Choice Real Estate 2004
Red Carpet Real Estate 1966
Year Franchised
Global Choice Real Estate 2005
Red Carpet Real Estate 1970
Term Of Agreement
Global Choice Real Estate 5 years
Red Carpet Real Estate 5 years +7or10
Renewal Fee
Global Choice Real Estate 25% 0f then current fran. fee
Red Carpet Real Estate


Business Experience Requirements

Experience
Global Choice Real Estate
Red Carpet Real Estate

Financing Options

 
Franchise Fees
Global Choice Real Estate No
Red Carpet Real Estate No
Start-up Costs
Global Choice Real Estate
Red Carpet Real Estate
Equipment
Global Choice Real Estate}
Red Carpet Real Estate
Inventory
Global Choice Real Estate
Red Carpet Real Estate
Receivables
Global Choice Real Estate
Red Carpet Real Estate
Payroll
Global Choice Real Estate
Red Carpet Real Estate

Training & Support

Training
Global Choice Real Estate
Red Carpet Real Estate Meetings Quarterly
Support
Global Choice Real Estate
Red Carpet Real Estate Field Training Franchisee Newsletter Regional or National Meetings
Marketing
Global Choice Real Estate
Red Carpet Real Estate
Operations
Global Choice Real Estate
Red Carpet Real Estate Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged

Expansion Plans

US Expansion
Global Choice Real Estate
Red Carpet 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
Global Choice Real Estate 0
Red Carpet Real Estate
International Expansion
Global Choice Real Estate
Red Carpet Real Estate