Start-Up Costs and Fees |
||
| Better Homes and Gardens Real Estate | Weichert Real Estate | |
| Investment | 32420 - 455000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 1% | 2% |
| Year Founded | 2007 | 1969 |
| Year Franchised | 2008 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Better Homes and Gardens Real Estate | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Better Homes and Gardens Real Estate | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Better Homes and Gardens Real Estate | Weichert Real Estate | |
| 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 |
||
| Better Homes and Gardens Real Estate | 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 | 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 | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Franchise Fee | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Royalty Fee | |
| Better Homes and Gardens Real Estate | 5% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Better Homes and Gardens Real Estate | 1% |
| Weichert Real Estate | 2% |
| Year Founded | |
| Better Homes and Gardens Real Estate | 2007 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Better Homes and Gardens Real Estate | 2008 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Start-up Costs | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Equipment | |
| Better Homes and Gardens Real Estate} | |
| Weichert Real Estate | |
| Inventory | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Receivables | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| Payroll | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Better Homes and Gardens Real Estate | |
| 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 | |
| Better Homes and Gardens 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 |
| 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 | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |
| International Expansion | |
| Better Homes and Gardens Real Estate | |
| Weichert Real Estate | |