Realty Direct vs Weichert Real Estate Franchise Comparison

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

Start-Up Costs and Fees
  Realty Direct Weichert Real Estate
Investment 39600 - 67700 62500 - 324700
Franchise Fee 0 0
Royalty Fee 6% 6%
Advertising Fee 0.25% 2%
Year Founded 2001 1969
Year Franchised 2003 2000
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Realty Direct Weichert Real Estate
Experience Industry experience General business experience Marketing skills

Financing Options
  Realty Direct 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
  Realty Direct Weichert Real Estate
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local)
Support Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op advertising, National media Co-op Advertising National Media Regional Advertising Social media Email marketing
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) 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
  Realty Direct Weichert 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
Weichert Real Estate
Franchise Fee
Realty Direct
Weichert Real Estate
Royalty Fee
Realty Direct 6%
Weichert Real Estate 6%
Advertising Fee
Realty Direct 0.25%
Weichert Real Estate 2%
Year Founded
Realty Direct 2001
Weichert Real Estate 1969
Year Franchised
Realty Direct 2003
Weichert Real Estate 2000
Term Of Agreement
Realty Direct 6 years
Weichert Real Estate 7 years
Renewal Fee
Realty Direct $2K
Weichert Real Estate $1K


Business Experience Requirements
Experience
Realty Direct Industry experience General business experience Marketing skills
Weichert Real Estate

Financing Options
 
Franchise Fees
Realty Direct No
Weichert Real Estate No
Start-up Costs
Realty Direct
Weichert Real Estate
Equipment
Realty Direct}
Weichert Real Estate
Inventory
Realty Direct
Weichert Real Estate
Receivables
Realty Direct
Weichert Real Estate
Payroll
Realty Direct
Weichert Real Estate

Training & Support
Training
Realty Direct
Weichert Real Estate Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local)
Support
Realty Direct Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives
Weichert Real Estate Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
Marketing
Realty Direct Co-op advertising, National media
Weichert Real Estate Co-op Advertising National Media Regional Advertising Social media Email marketing
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)
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
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,
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
Realty Direct
Weichert Real Estate
International Expansion
Realty Direct
Weichert Real Estate