Start-Up Costs and Fees |
||
| Weichert Real Estate | Realty World | |
| Investment | 62500 - 324700 | 44700 - 197000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1973 |
| Year Franchised | 2000 | 1973 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Realty World | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Realty World | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | Realty World | |
| 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 | Realty World | |
| 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 | |
| Realty World | |
| Franchise Fee | |
| Weichert Real Estate | |
| Realty World | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Realty World | |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Realty World | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Realty World | 1973 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Realty World | 1973 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Realty World | |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Realty World | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Realty World | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Realty World | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Realty World | |
| Equipment | |
| Weichert Real Estate} | |
| Realty World | |
| Inventory | |
| Weichert Real Estate | |
| Realty World | |
| Receivables | |
| Weichert Real Estate | |
| Realty World | |
| Payroll | |
| Weichert Real Estate | |
| Realty World | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Realty World | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Realty World | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Realty World | |
| 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) |
| Realty World | |
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 |
| Realty World | |
| Canada Expansion | |
| Weichert Real Estate | |
| Realty World | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Realty World | |