Start-Up Costs and Fees |
||
| Weichert Real Estate | Advance Realty | |
| Investment | 62500 - 324700 | 55600 - 129000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 1.75% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2001 |
| Year Franchised | 2000 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Advance Realty | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Advance Realty | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Weichert Real Estate | Advance Realty | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 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 |
||
| Weichert Real Estate | Advance Realty | |
| 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 | |
| Weichert Real Estate | |
| Advance Realty | |
| Franchise Fee | |
| Weichert Real Estate | |
| Advance Realty | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Advance Realty | 1.75% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Advance Realty | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Advance Realty | 2001 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Advance Realty | 2005 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Advance Realty | 5 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Advance Realty | $1,750 |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Advance Realty | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Advance Realty | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Advance Realty | |
| Equipment | |
| Weichert Real Estate} | |
| Advance Realty | |
| Inventory | |
| Weichert Real Estate | |
| Advance Realty | |
| Receivables | |
| Weichert Real Estate | |
| Advance Realty | |
| Payroll | |
| Weichert Real Estate | |
| Advance Realty | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Advance Realty | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Advance Realty | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Advance Realty | |
| Operations | |
| 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) |
| Advance Realty | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Advance Realty | |
| Canada Expansion | |
| Weichert Real Estate | |
| Advance Realty | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Advance Realty | |