Start-Up Costs and Fees |
||
| Avalar Real Estate & Mortgage Network | Weichert Real Estate | |
| Investment | 31000 - 315500 | 62500 - 324700 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1999 | 1969 |
| Year Franchised | 1999 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Avalar Real Estate & Mortgage Network | Weichert Real Estate | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Avalar Real Estate & Mortgage Network | Weichert Real Estate | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Avalar Real Estate & Mortgage Network | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | 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 100% of current franchisees are owner/operators | 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 |
||
| Avalar Real Estate & Mortgage Network | Weichert Real Estate | |
| 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 | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| Franchise Fee | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| Royalty Fee | |
| Avalar Real Estate & Mortgage Network | 5% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Avalar Real Estate & Mortgage Network | 1999 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Avalar Real Estate & Mortgage Network | 1999 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Avalar Real Estate & Mortgage Network | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Avalar Real Estate & Mortgage Network | Industry experience General business experience Marketing skills |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Avalar Real Estate & Mortgage Network | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| Equipment | |
| Avalar Real Estate & Mortgage Network} | |
| Weichert Real Estate | |
| Inventory | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| Receivables | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| Payroll | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Avalar Real Estate & Mortgage Network | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Avalar Real Estate & Mortgage Network | 10% of all franchisees own more than one unit 100% of current franchisees are owner/operators |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Avalar Real Estate & Mortgage Network | |
| 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 |
| Canada Expansion | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |
| International Expansion | |
| Avalar Real Estate & Mortgage Network | |
| Weichert Real Estate | |