Start-Up Costs and Fees |
||
| Weichert Real Estate | World Properties Int'l. | |
| Investment | 62500 - 324700 | 19000 - 65900 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $130/month |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2005 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | World Properties Int'l. | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | World Properties Int'l. | |
| 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 | World Properties Int'l. | |
| 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 | World Properties Int'l. | |
| 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 | |
| World Properties Int'l. | |
| Franchise Fee | |
| Weichert Real Estate | |
| World Properties Int'l. | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| World Properties Int'l. | $130/month |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| World Properties Int'l. | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| World Properties Int'l. | 2005 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| World Properties Int'l. | 2005 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| World Properties Int'l. | 5 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| World Properties Int'l. | $500 |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| World Properties Int'l. | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| World Properties Int'l. | No |
| Start-up Costs | |
| Weichert Real Estate | |
| World Properties Int'l. | |
| Equipment | |
| Weichert Real Estate} | |
| World Properties Int'l. | |
| Inventory | |
| Weichert Real Estate | |
| World Properties Int'l. | |
| Receivables | |
| Weichert Real Estate | |
| World Properties Int'l. | |
| Payroll | |
| Weichert Real Estate | |
| World Properties Int'l. | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| World Properties Int'l. | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| World Properties Int'l. | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| World Properties Int'l. | |
| 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) |
| World Properties Int'l. | |
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 |
| World Properties Int'l. | |
| Canada Expansion | |
| Weichert Real Estate | |
| World Properties Int'l. | 0 |
| International Expansion | |
| Weichert Real Estate | |
| World Properties Int'l. | |