Century 21 vs 1st Class Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Century 21 vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Century 21 1st Class Real Estate
Investment 24700 - 451350 14420 - 209475
Franchise Fee 0
Royalty Fee 6%
Advertising Fee 2%
Year Founded 1971 2012
Year Franchised 1972 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Century 21 1st Class Real Estate
Experience Industry experience General business experience Marketing skills

Financing Options

  Century 21 1st Class Real Estate
 
Franchise Fees Yes Yes
Start-up Costs No Yes
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Century 21 1st Class Real Estate
Training Classroom Training: 16 hours Additional Training: Virtual training
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Co-op advertising, Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee ownership of franchise is NOT allowed. Number of Employees Required to Run: 3

Expansion Plans

  Century 21 1st Class Real Estate
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Century 21
1st Class Real Estate
Franchise Fee
Century 21
1st Class Real Estate
Royalty Fee
Century 21 6%
1st Class Real Estate
Advertising Fee
Century 21 2%
1st Class Real Estate
Year Founded
Century 21 1971
1st Class Real Estate 2012
Year Franchised
Century 21 1972
1st Class Real Estate 2018
Term Of Agreement
Century 21 10 years
1st Class Real Estate
Renewal Fee
Century 21
1st Class Real Estate


Business Experience Requirements

Experience
Century 21 Industry experience General business experience Marketing skills
1st Class Real Estate

Financing Options

 
Franchise Fees
Century 21 Yes
1st Class Real Estate Yes
Start-up Costs
Century 21
1st Class Real Estate
Equipment
Century 21}
1st Class Real Estate
Inventory
Century 21
1st Class Real Estate
Receivables
Century 21
1st Class Real Estate
Payroll
Century 21
1st Class Real Estate

Training & Support

Training
Century 21
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Support
Century 21 Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
1st Class Real Estate Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
Century 21 Co-op advertising, Ad slicks, National media, Regional advertising
1st Class Real Estate Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations
Century 21 Absentee ownership of franchise is NOT allowed.
1st Class Real Estate Number of Employees Required to Run: 3

Expansion Plans

US Expansion
Century 21
1st Class Real Estate
Canada Expansion
Century 21
1st Class Real Estate
International Expansion
Century 21
1st Class Real Estate