Start-Up Costs and Fees |
||
| Weichert Real Estate | Flat Rate Realty | |
| Investment | 62500 - 324700 | 42500 - 125000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $500 |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2004 |
| Year Franchised | 2000 | 2006 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Flat Rate Realty | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Flat Rate Realty | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Weichert Real Estate | Flat Rate Realty | |
| 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 |
||
| Weichert Real Estate | Flat Rate 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| Flat Rate Realty | |
| Franchise Fee | |
| Weichert Real Estate | |
| Flat Rate Realty | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Flat Rate Realty | $500 |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Flat Rate Realty | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Flat Rate Realty | 2004 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Flat Rate Realty | 2006 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Flat Rate Realty | 5 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Flat Rate Realty | $1,000 |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Flat Rate Realty | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Flat Rate Realty | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Flat Rate Realty | |
| Equipment | |
| Weichert Real Estate} | |
| Flat Rate Realty | |
| Inventory | |
| Weichert Real Estate | |
| Flat Rate Realty | |
| Receivables | |
| Weichert Real Estate | |
| Flat Rate Realty | |
| Payroll | |
| Weichert Real Estate | |
| Flat Rate Realty | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Flat Rate Realty | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Flat Rate Realty | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Flat Rate Realty | |
| Operations | |
| 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) |
| Flat Rate Realty | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Flat Rate Realty | |
| Canada Expansion | |
| Weichert Real Estate | |
| Flat Rate Realty | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Flat Rate Realty | |