Start-Up Costs and Fees |
||
| Realty ONE Group | Weichert Real Estate | |
| Investment | 44250 - 222500 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 2% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2005 | 1969 |
| Year Franchised | 2012 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Realty ONE Group | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Realty ONE Group | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Realty ONE Group | Weichert Real Estate | |
| Training | On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | Number of Employees Required to Run: 3 | 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 |
||
| Realty ONE Group | 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 | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Franchise Fee | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Royalty Fee | |
| Realty ONE Group | 2% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Realty ONE Group | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Realty ONE Group | 2005 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Realty ONE Group | 2012 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Realty ONE Group | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Realty ONE Group | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Realty ONE Group | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Start-up Costs | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Equipment | |
| Realty ONE Group} | |
| Weichert Real Estate | |
| Inventory | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Receivables | |
| Realty ONE Group | |
| Weichert Real Estate | |
| Payroll | |
| Realty ONE Group | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Realty ONE Group | On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Realty ONE Group | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Realty ONE Group | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Realty ONE Group | Number of Employees Required to Run: 3 |
| 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 | |
| Realty ONE Group | |
| 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 | |
| Realty ONE Group | |
| Weichert Real Estate | |
| International Expansion | |
| Realty ONE Group | |
| Weichert Real Estate | |