Start-Up Costs and Fees |
||
| Realty Direct | Red Carpet Real Estate | |
| Investment | 39600 - 67700 | 36000 - 36000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 0.25% | 0.50% |
| Year Founded | 2001 | 1966 |
| Year Franchised | 2003 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Realty Direct | Red Carpet Real Estate | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Realty Direct | Red Carpet Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Realty Direct | Red Carpet Real Estate | |
| Training | Meetings Quarterly | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op advertising, National media | |
| Operations | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Realty Direct | Red Carpet Real Estate | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | |
| Realty Direct | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| Realty Direct | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| Realty Direct | 6% |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| Realty Direct | 0.25% |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| Realty Direct | 2001 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| Realty Direct | 2003 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| Realty Direct | 6 years |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| Realty Direct | $2K |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Realty Direct | Industry experience General business experience Marketing skills |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Realty Direct | No |
| Red Carpet Real Estate | No |
| Start-up Costs | |
| Realty Direct | |
| Red Carpet Real Estate | |
| Equipment | |
| Realty Direct} | |
| Red Carpet Real Estate | |
| Inventory | |
| Realty Direct | |
| Red Carpet Real Estate | |
| Receivables | |
| Realty Direct | |
| Red Carpet Real Estate | |
| Payroll | |
| Realty Direct | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| Realty Direct | |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| Realty Direct | Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| Realty Direct | Co-op advertising, National media |
| Red Carpet Real Estate | |
| Operations | |
| Realty Direct | Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Realty Direct | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| Red Carpet 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 | |
| Realty Direct | |
| Red Carpet Real Estate | |
| International Expansion | |
| Realty Direct | |
| Red Carpet Real Estate | |