Start-Up Costs and Fees |
||
| Weichert Real Estate | Macdonald Realty Ltd | |
| Investment | 62500 - 324700 | 0 - 0 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 0 |
| Year Franchised | 2000 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Macdonald Realty Ltd | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Macdonald Realty Ltd | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | Macdonald Realty Ltd | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | Comprehensive training for owners and managing brokers, focusing on key facets of the real estate business, including: business planning, financial management, contracts, legal matters, recruiting, marketing, and technology. |
| 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 | Macdonald Realty Ltd | |
| 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 | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| Franchise Fee | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Macdonald Realty Ltd | |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Macdonald Realty Ltd | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Macdonald Realty Ltd | 0 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Macdonald Realty Ltd | 0 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Macdonald Realty Ltd | |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Macdonald Realty Ltd | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Macdonald Realty Ltd | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| Equipment | |
| Weichert Real Estate} | |
| Macdonald Realty Ltd | |
| Inventory | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| Receivables | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| Payroll | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Macdonald Realty Ltd | Comprehensive training for owners and managing brokers, focusing on key facets of the real estate business, including: business planning, financial management, contracts, legal matters, recruiting, marketing, and technology. |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Macdonald Realty Ltd | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Macdonald Realty Ltd | |
| 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) |
| Macdonald Realty Ltd | |
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 |
| Macdonald Realty Ltd | |
| Canada Expansion | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |
| International Expansion | |
| Weichert Real Estate | |
| Macdonald Realty Ltd | |