Red Carpet Real Estate vs SimplySold Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Carpet Real Estate vs SimplySold Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Red Carpet Real Estate SimplySold Real Estate
Investment 36000 - 36000 75300 - 187900
Franchise Fee
Royalty Fee 5% Varies
Advertising Fee 0.50%
Year Founded 1966 2003
Year Franchised 1970 2006
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Red Carpet Real Estate SimplySold Real Estate
Experience

Financing Options

  Red Carpet Real Estate SimplySold Real Estate
 
Franchise Fees Yes
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Red Carpet Real Estate SimplySold Real Estate
Training Meetings Quarterly
Support Field Training Franchisee Newsletter Regional or National Meetings
Marketing
Operations Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged

Expansion Plans

  Red Carpet Real Estate SimplySold 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
Red Carpet Real Estate
SimplySold Real Estate
Franchise Fee
Red Carpet Real Estate
SimplySold Real Estate
Royalty Fee
Red Carpet Real Estate 5%
SimplySold Real Estate Varies
Advertising Fee
Red Carpet Real Estate 0.50%
SimplySold Real Estate
Year Founded
Red Carpet Real Estate 1966
SimplySold Real Estate 2003
Year Franchised
Red Carpet Real Estate 1970
SimplySold Real Estate 2006
Term Of Agreement
Red Carpet Real Estate 5 years +7or10
SimplySold Real Estate 5 years
Renewal Fee
Red Carpet Real Estate
SimplySold Real Estate $5,000


Business Experience Requirements

Experience
Red Carpet Real Estate
SimplySold Real Estate

Financing Options

 
Franchise Fees
Red Carpet Real Estate
SimplySold Real Estate
Start-up Costs
Red Carpet Real Estate
SimplySold Real Estate
Equipment
Red Carpet Real Estate}
SimplySold Real Estate
Inventory
Red Carpet Real Estate
SimplySold Real Estate
Receivables
Red Carpet Real Estate
SimplySold Real Estate
Payroll
Red Carpet Real Estate
SimplySold Real Estate

Training & Support

Training
Red Carpet Real Estate Meetings Quarterly
SimplySold Real Estate
Support
Red Carpet Real Estate Field Training Franchisee Newsletter Regional or National Meetings
SimplySold Real Estate
Marketing
Red Carpet Real Estate
SimplySold Real Estate
Operations
Red Carpet Real Estate Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged
SimplySold Real Estate

Expansion Plans

US Expansion
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
SimplySold Real Estate
Canada Expansion
Red Carpet Real Estate
SimplySold Real Estate 0
International Expansion
Red Carpet Real Estate
SimplySold Real Estate