Start-Up Costs and Fees |
||
| Weichert Real Estate | National Home Buyers Assistance | |
| Investment | 62500 - 324700 | 100000 - 200000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | Varies |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2001 |
| Year Franchised | 2000 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | National Home Buyers Assistance | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| Weichert Real Estate | National Home Buyers Assistance | |
| 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 | National Home Buyers Assistance | |
| 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 | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | Ad slicks, National media, Regional advertising |
| 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) | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
Expansion Plans |
||
| Weichert Real Estate | National Home Buyers Assistance | |
| 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 | Australia,New Zealand, Eastern Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| Franchise Fee | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| National Home Buyers Assistance | Varies |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| National Home Buyers Assistance | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| National Home Buyers Assistance | 2001 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| National Home Buyers Assistance | 2003 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| National Home Buyers Assistance | 10 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| National Home Buyers Assistance | $5K |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| National Home Buyers Assistance | General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| National Home Buyers Assistance | No |
| Start-up Costs | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| Equipment | |
| Weichert Real Estate} | |
| National Home Buyers Assistance | |
| Inventory | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| Receivables | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| Payroll | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| National Home Buyers Assistance | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| National Home Buyers Assistance | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| National Home Buyers Assistance | Ad slicks, National media, Regional advertising |
| 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) |
| National Home Buyers Assistance | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
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 |
| National Home Buyers Assistance | |
| Canada Expansion | |
| Weichert Real Estate | |
| National Home Buyers Assistance | |
| International Expansion | |
| Weichert Real Estate | |
| National Home Buyers Assistance | Australia,New Zealand, Eastern Europe, |