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

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

Start-Up Costs and Fees

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


Business Experience Requirements

  Elliott & Company Appraisers 1st Class Real Estate
Experience

Financing Options

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

Training & Support

  Elliott & Company Appraisers 1st Class Real Estate
Training State required continuing education every year Classroom Training: 16 hours Additional Training: Virtual training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 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) Number of Employees Required to Run: 3

Expansion Plans

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


Business Experience Requirements

Experience
Elliott & Company Appraisers
1st Class Real Estate

Financing Options

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

Training & Support

Training
Elliott & Company Appraisers State required continuing education every year
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Support
Elliott & Company Appraisers Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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
Elliott & Company Appraisers 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
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)
1st Class Real Estate Number of Employees Required to Run: 3

Expansion Plans

US Expansion
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,
1st Class Real Estate
Canada Expansion
Elliott & Company Appraisers
1st Class Real Estate
International Expansion
Elliott & Company Appraisers
1st Class Real Estate