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