Start-Up Costs and Fees |
||
| Red Carpet Real Estate | Only Way Realty | |
| Investment | 36000 - 36000 | 2500 - 5000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 0% |
| Advertising Fee | 0.50% | $275 per month |
| Year Founded | 1966 | 2008 |
| Year Franchised | 1970 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | Only Way Realty | |
| Experience | Industry experience Brokers license | |
Financing Options |
||
| Red Carpet Real Estate | Only Way Realty | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Real Estate | Only Way Realty | |
| Training | Meetings Quarterly | |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate |
| Marketing | Direct mail pieces, social media, internet marketing, email marketing | |
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Red Carpet Real Estate | Only Way Realty | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| Only Way Realty | 0% |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| Only Way Realty | $275 per month |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| Only Way Realty | 2008 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| Only Way Realty | 2012 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| Only Way Realty | not specified |
| Renewal Fee | |
| Red Carpet Real Estate | |
| Only Way Realty | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| Only Way Realty | Industry experience Brokers license |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Equipment | |
| Red Carpet Real Estate} | |
| Only Way Realty | |
| Inventory | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Receivables | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| Payroll | |
| Red Carpet Real Estate | |
| Only Way Realty | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| Only Way Realty | |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Only Way Realty | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate |
| Marketing | |
| Red Carpet Real Estate | |
| Only Way Realty | Direct mail pieces, social media, internet marketing, email marketing |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| Only Way Realty | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Only Way Realty | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| Only Way Realty | |
| International Expansion | |
| Red Carpet Real Estate | |
| Only Way Realty | |