RE/MAX vs 1st Class Real Estate Franchise Comparison

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

Start-Up Costs and Fees

  RE/MAX 1st Class Real Estate
Investment 42000 - 284000 14420 - 209475
Franchise Fee 0
Royalty Fee varies
Advertising Fee varies
Year Founded 1973 2012
Year Franchised 1975 2018
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  RE/MAX 1st Class Real Estate
Experience

Financing Options

  RE/MAX 1st Class Real Estate
 
Franchise Fees Yes Yes
Start-up Costs No Yes
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  RE/MAX 1st Class Real Estate
Training Semi-annual convention and conference Classroom Training: 16 hours Additional Training: Virtual training
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Ad slicks, National media, Regional advertising Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. Number of Employees Required to Run: 3

Expansion Plans

  RE/MAX 1st Class Real Estate
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
RE/MAX
1st Class Real Estate
Franchise Fee
RE/MAX
1st Class Real Estate
Royalty Fee
RE/MAX varies
1st Class Real Estate
Advertising Fee
RE/MAX varies
1st Class Real Estate
Year Founded
RE/MAX 1973
1st Class Real Estate 2012
Year Franchised
RE/MAX 1975
1st Class Real Estate 2018
Term Of Agreement
RE/MAX 5 years
1st Class Real Estate
Renewal Fee
RE/MAX Varies
1st Class Real Estate


Business Experience Requirements

Experience
RE/MAX
1st Class Real Estate

Financing Options

 
Franchise Fees
RE/MAX Yes
1st Class Real Estate Yes
Start-up Costs
RE/MAX
1st Class Real Estate
Equipment
RE/MAX}
1st Class Real Estate
Inventory
RE/MAX
1st Class Real Estate
Receivables
RE/MAX
1st Class Real Estate
Payroll
RE/MAX
1st Class Real Estate

Training & Support

Training
RE/MAX Semi-annual convention and conference
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Support
RE/MAX Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
1st Class Real Estate Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing
RE/MAX 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
RE/MAX Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed.
1st Class Real Estate Number of Employees Required to Run: 3

Expansion Plans

US Expansion
RE/MAX
1st Class Real Estate
Canada Expansion
RE/MAX
1st Class Real Estate
International Expansion
RE/MAX
1st Class Real Estate