Start-Up Costs and Fees |
||
| Weichert Real Estate | The Buyer's Agent | |
| Investment | 62500 - 324700 | 25000 - 50000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 1% |
| Year Founded | 1969 | 1988 |
| Year Franchised | 2000 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | The Buyer's Agent | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | The Buyer's Agent | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | The Buyer's Agent | |
| 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 | The Buyer's Agent | |
| 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 | |
| The Buyer's Agent | |
| Franchise Fee | |
| Weichert Real Estate | |
| The Buyer's Agent | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| The Buyer's Agent | 5% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| The Buyer's Agent | 1% |
| Year Founded | |
| Weichert Real Estate | 1969 |
| The Buyer's Agent | 1988 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| The Buyer's Agent | 1988 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| The Buyer's Agent | |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| The Buyer's Agent | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| The Buyer's Agent | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| The Buyer's Agent | No |
| Start-up Costs | |
| Weichert Real Estate | |
| The Buyer's Agent | |
| Equipment | |
| Weichert Real Estate} | |
| The Buyer's Agent | |
| Inventory | |
| Weichert Real Estate | |
| The Buyer's Agent | |
| Receivables | |
| Weichert Real Estate | |
| The Buyer's Agent | |
| Payroll | |
| Weichert Real Estate | |
| The Buyer's Agent | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| The Buyer's Agent | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| The Buyer's Agent | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| The Buyer's Agent | |
| 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) |
| The Buyer's Agent | |
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 |
| The Buyer's Agent | |
| Canada Expansion | |
| Weichert Real Estate | |
| The Buyer's Agent | |
| International Expansion | |
| Weichert Real Estate | |
| The Buyer's Agent | |