SimplySold Real Estate vs Red Carpet Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SimplySold 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

  SimplySold Real Estate Red Carpet Real Estate
Investment 75300 - 187900 36000 - 36000
Franchise Fee
Royalty Fee Varies 5%
Advertising Fee 0.50%
Year Founded 2003 1966
Year Franchised 2006 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  SimplySold Real Estate Red Carpet Real Estate
Experience

Financing Options

  SimplySold Real Estate Red Carpet Real Estate
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  SimplySold 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

  SimplySold 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
SimplySold Real Estate
Red Carpet Real Estate
Franchise Fee
SimplySold Real Estate
Red Carpet Real Estate
Royalty Fee
SimplySold Real Estate Varies
Red Carpet Real Estate 5%
Advertising Fee
SimplySold Real Estate
Red Carpet Real Estate 0.50%
Year Founded
SimplySold Real Estate 2003
Red Carpet Real Estate 1966
Year Franchised
SimplySold Real Estate 2006
Red Carpet Real Estate 1970
Term Of Agreement
SimplySold Real Estate 5 years
Red Carpet Real Estate 5 years +7or10
Renewal Fee
SimplySold Real Estate $5,000
Red Carpet Real Estate


Business Experience Requirements

Experience
SimplySold Real Estate
Red Carpet Real Estate

Financing Options

 
Franchise Fees
SimplySold Real Estate Yes
Red Carpet Real Estate Yes
Start-up Costs
SimplySold Real Estate
Red Carpet Real Estate
Equipment
SimplySold Real Estate}
Red Carpet Real Estate
Inventory
SimplySold Real Estate
Red Carpet Real Estate
Receivables
SimplySold Real Estate
Red Carpet Real Estate
Payroll
SimplySold Real Estate
Red Carpet Real Estate

Training & Support

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

Expansion Plans

US Expansion
SimplySold 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
SimplySold Real Estate 0
Red Carpet Real Estate
International Expansion
SimplySold Real Estate
Red Carpet Real Estate