Start-Up Costs and Fees |
||
| Realty Direct | Better Homes and Gardens Real Estate | |
| Investment | 39600 - 67700 | 32420 - 455000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 0.25% | 1% |
| Year Founded | 2001 | 2007 |
| Year Franchised | 2003 | 2008 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Realty Direct | Better Homes and Gardens Real Estate | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Realty Direct | Better Homes and Gardens Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Realty Direct | Better Homes and Gardens Real Estate | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media | |
| Operations | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Realty Direct | Better Homes and Gardens Real Estate | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Franchise Fee | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Royalty Fee | |
| Realty Direct | 6% |
| Better Homes and Gardens Real Estate | 5% |
| Advertising Fee | |
| Realty Direct | 0.25% |
| Better Homes and Gardens Real Estate | 1% |
| Year Founded | |
| Realty Direct | 2001 |
| Better Homes and Gardens Real Estate | 2007 |
| Year Franchised | |
| Realty Direct | 2003 |
| Better Homes and Gardens Real Estate | 2008 |
| Term Of Agreement | |
| Realty Direct | 6 years |
| Better Homes and Gardens Real Estate | |
| Renewal Fee | |
| Realty Direct | $2K |
| Better Homes and Gardens Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Realty Direct | Industry experience General business experience Marketing skills |
| Better Homes and Gardens Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Realty Direct | No |
| Better Homes and Gardens Real Estate | No |
| Start-up Costs | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Equipment | |
| Realty Direct} | |
| Better Homes and Gardens Real Estate | |
| Inventory | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Receivables | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Payroll | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
Training & Support |
|
| Training | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| Support | |
| Realty Direct | Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives |
| Better Homes and Gardens Real Estate | |
| Marketing | |
| Realty Direct | Co-op advertising, National media |
| Better Homes and Gardens Real Estate | |
| Operations | |
| Realty Direct | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| Better Homes and Gardens Real Estate | |
Expansion Plans |
|
| US Expansion | |
| Realty Direct | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Better Homes and Gardens 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 | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |
| International Expansion | |
| Realty Direct | |
| Better Homes and Gardens Real Estate | |