Start-Up Costs and Fees |
||
| Weichert Real Estate | Nextage Metropolitan Realty | |
| Investment | 62500 - 324700 | 10000 - 999999 |
| Franchise Fee | 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 | Nextage Metropolitan Realty | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Nextage Metropolitan Realty | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | Nextage Metropolitan 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 | Nextage Metropolitan 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| Franchise Fee | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Nextage Metropolitan Realty | |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Nextage Metropolitan Realty | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Nextage Metropolitan Realty | 0 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Nextage Metropolitan Realty | 0 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Nextage Metropolitan Realty | |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Nextage Metropolitan Realty | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Nextage Metropolitan Realty | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| Equipment | |
| Weichert Real Estate} | |
| Nextage Metropolitan Realty | |
| Inventory | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| Receivables | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| Payroll | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Nextage Metropolitan Realty | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Nextage Metropolitan Realty | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Nextage Metropolitan 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) |
| Nextage Metropolitan 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 |
| Nextage Metropolitan Realty | |
| Canada Expansion | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |
| International Expansion | |
| Weichert Real Estate | |
| Nextage Metropolitan Realty | |