1st Class Real Estate vs Elliott & Company Appraisers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 1st Class Real Estate vs Elliott & Company Appraisers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  1st Class Real Estate Elliott & Company Appraisers
Investment 14420 - 209475 3700 - 18900
Franchise Fee 0
Royalty Fee 8-18%
Advertising Fee
Year Founded 2012 1980
Year Franchised 2018 1993
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  1st Class Real Estate Elliott & Company Appraisers
Experience

Financing Options

  1st Class Real Estate Elliott & Company Appraisers
 
Franchise Fees Yes No
Start-up Costs Yes No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  1st Class Real Estate Elliott & Company Appraisers
Training Classroom Training: 16 hours Additional Training: Virtual training State required continuing education every year
Support Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, Ad slicks, National media, Regional advertising
Operations Number of Employees Required to Run: 3 Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

  1st Class Real Estate Elliott & Company Appraisers
US Expansion Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
1st Class Real Estate
Elliott & Company Appraisers
Franchise Fee
1st Class Real Estate
Elliott & Company Appraisers
Royalty Fee
1st Class Real Estate
Elliott & Company Appraisers 8-18%
Advertising Fee
1st Class Real Estate
Elliott & Company Appraisers
Year Founded
1st Class Real Estate 2012
Elliott & Company Appraisers 1980
Year Franchised
1st Class Real Estate 2018
Elliott & Company Appraisers 1993
Term Of Agreement
1st Class Real Estate
Elliott & Company Appraisers 5 years
Renewal Fee
1st Class Real Estate
Elliott & Company Appraisers $500


Business Experience Requirements

Experience
1st Class Real Estate
Elliott & Company Appraisers

Financing Options

 
Franchise Fees
1st Class Real Estate Yes
Elliott & Company Appraisers Yes
Start-up Costs
1st Class Real Estate
Elliott & Company Appraisers
Equipment
1st Class Real Estate}
Elliott & Company Appraisers
Inventory
1st Class Real Estate
Elliott & Company Appraisers
Receivables
1st Class Real Estate
Elliott & Company Appraisers
Payroll
1st Class Real Estate
Elliott & Company Appraisers

Training & Support

Training
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Elliott & Company Appraisers State required continuing education every year
Support
1st Class Real Estate Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Elliott & Company Appraisers Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
1st Class Real Estate Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Elliott & Company Appraisers Co-op advertising, Ad slicks, National media, Regional advertising
Operations
1st Class Real Estate Number of Employees Required to Run: 3
Elliott & Company Appraisers Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans

US Expansion
1st Class Real Estate
Elliott & Company Appraisers Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Canada Expansion
1st Class Real Estate
Elliott & Company Appraisers
International Expansion
1st Class Real Estate
Elliott & Company Appraisers