Start-Up Costs and Fees |
||
| SimplySold Real Estate | Weichert Real Estate | |
| Investment | 75300 - 187900 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | Varies | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2003 | 1969 |
| Year Franchised | 2006 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| SimplySold Real Estate | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| SimplySold Real Estate | Weichert Real Estate | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| SimplySold Real Estate | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 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 |
||
| SimplySold Real Estate | Weichert 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 | |
| Weichert Real Estate | |
| Franchise Fee | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
| Royalty Fee | |
| SimplySold Real Estate | Varies |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| SimplySold Real Estate | |
| Weichert Real Estate | 2% |
| Year Founded | |
| SimplySold Real Estate | 2003 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| SimplySold Real Estate | 2006 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| SimplySold Real Estate | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| SimplySold Real Estate | $5,000 |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| SimplySold Real Estate | Yes |
| Weichert Real Estate | Yes |
| Start-up Costs | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
| Equipment | |
| SimplySold Real Estate} | |
| Weichert Real Estate | |
| Inventory | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
| Receivables | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
| Payroll | |
| SimplySold Real Estate | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| SimplySold Real Estate | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| SimplySold Real Estate | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| SimplySold Real Estate | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| SimplySold Real Estate | |
| 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 | |
| SimplySold Real Estate | |
| 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 | |
| SimplySold Real Estate | 0 |
| Weichert Real Estate | |
| International Expansion | |
| SimplySold Real Estate | |
| Weichert Real Estate | |