Start-Up Costs and Fees |
||
| Weichert Real Estate | Homes & Land Magazine | |
| Investment | 62500 - 324700 | 45500 - 114000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 10.50% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1973 |
| Year Franchised | 2000 | 1984 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Homes & Land Magazine | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Homes & Land Magazine | |
| 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 | Homes & Land Magazine | |
| 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 | Homes & Land Magazine | |
| 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 | |
| Homes & Land Magazine | |
| Franchise Fee | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Homes & Land Magazine | 10.50% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Homes & Land Magazine | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Homes & Land Magazine | 1973 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Homes & Land Magazine | 1984 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Homes & Land Magazine | 10 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Homes & Land Magazine | 5000 |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Homes & Land Magazine | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
| Equipment | |
| Weichert Real Estate} | |
| Homes & Land Magazine | |
| Inventory | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
| Receivables | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
| Payroll | |
| Weichert Real Estate | |
| Homes & Land Magazine | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Homes & Land Magazine | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Homes & Land Magazine | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Homes & Land Magazine | |
| 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) |
| Homes & Land Magazine | |
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 |
| Homes & Land Magazine | |
| Canada Expansion | |
| Weichert Real Estate | |
| Homes & Land Magazine | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Homes & Land Magazine | |