Start-Up Costs and Fees |
||
| National Home Buyers Assistance | Weichert Real Estate | |
| Investment | 100000 - 200000 | 62500 - 324700 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2001 | 1969 |
| Year Franchised | 2003 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| National Home Buyers Assistance | Weichert Real Estate | |
| Experience | General business experience Marketing skills | |
Financing Options |
||
| National Home Buyers Assistance | 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 |
||
| National Home Buyers Assistance | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | 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 |
||
| National Home Buyers Assistance | 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 | Australia,New Zealand, Eastern Europe, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| Franchise Fee | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| Royalty Fee | |
| National Home Buyers Assistance | Varies |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| National Home Buyers Assistance | |
| Weichert Real Estate | 2% |
| Year Founded | |
| National Home Buyers Assistance | 2001 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| National Home Buyers Assistance | 2003 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| National Home Buyers Assistance | 10 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| National Home Buyers Assistance | $5K |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| National Home Buyers Assistance | General business experience Marketing skills |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| National Home Buyers Assistance | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| Equipment | |
| National Home Buyers Assistance} | |
| Weichert Real Estate | |
| Inventory | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| Receivables | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| Payroll | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| National Home Buyers Assistance | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| National Home Buyers Assistance | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| National Home Buyers Assistance | Ad slicks, National media, Regional advertising |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| National Home Buyers Assistance | Franchise can be run from home. Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| 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 | |
| National Home Buyers Assistance | |
| 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 | |
| National Home Buyers Assistance | |
| Weichert Real Estate | |
| International Expansion | |
| National Home Buyers Assistance | Australia,New Zealand, Eastern Europe, |
| Weichert Real Estate | |