Start-Up Costs and Fees |
||
| Homes & Land Magazine | Weichert Real Estate | |
| Investment | 45500 - 114000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 10.50% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1973 | 1969 |
| Year Franchised | 1984 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Homes & Land Magazine | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Homes & Land Magazine | 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 |
||
| Homes & Land Magazine | 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 |
||
| Homes & Land Magazine | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
| Franchise Fee | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
| Royalty Fee | |
| Homes & Land Magazine | 10.50% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Homes & Land Magazine | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Homes & Land Magazine | 1973 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Homes & Land Magazine | 1984 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Homes & Land Magazine | 10 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Homes & Land Magazine | 5000 |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Homes & Land Magazine | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
| Equipment | |
| Homes & Land Magazine} | |
| Weichert Real Estate | |
| Inventory | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
| Receivables | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
| Payroll | |
| Homes & Land Magazine | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Homes & Land Magazine | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Homes & Land Magazine | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Homes & Land Magazine | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Homes & Land Magazine | |
| 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 | |
| Homes & Land Magazine | |
| 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 | |
| Homes & Land Magazine | 0 |
| Weichert Real Estate | |
| International Expansion | |
| Homes & Land Magazine | |
| Weichert Real Estate | |