Start-Up Costs and Fees |
||
| Weichert Real Estate | Real Living | |
| Investment | 62500 - 324700 | 3000 - 80000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1976 |
| Year Franchised | 2000 | 1981 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Real Living | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Real Living | |
| 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 | Real Living | |
| 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 |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | Co-op 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) | Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Weichert Real Estate | Real Living | |
| 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 | Ohio, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| Real Living | |
| Franchise Fee | |
| Weichert Real Estate | |
| Real Living | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Real Living | 5% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Real Living | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Real Living | 1976 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Real Living | 1981 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Real Living | 10 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Real Living | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Real Living | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Real Living | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Real Living | |
| Equipment | |
| Weichert Real Estate} | |
| Real Living | |
| Inventory | |
| Weichert Real Estate | |
| Real Living | |
| Receivables | |
| Weichert Real Estate | |
| Real Living | |
| Payroll | |
| Weichert Real Estate | |
| Real Living | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Real Living | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Real Living | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Real Living | Co-op 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) |
| Real Living | Absentee ownership of franchise is NOT allowed. |
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 |
| Real Living | Ohio, |
| Canada Expansion | |
| Weichert Real Estate | |
| Real Living | |
| International Expansion | |
| Weichert Real Estate | |
| Real Living | |