Start-Up Costs and Fees |
||
| Weichert Real Estate | Commission Express | |
| Investment | 62500 - 324700 | 112800 - 301500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | Varies |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1992 |
| Year Franchised | 2000 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Commission Express | |
| Experience | General business experience | |
Financing Options |
||
| Weichert Real Estate | Commission Express | |
| 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 | Commission Express | |
| 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 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Weichert Real Estate | Commission Express | |
| 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 | |
| Commission Express | |
| Franchise Fee | |
| Weichert Real Estate | |
| Commission Express | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Commission Express | Varies |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Commission Express | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Commission Express | 1992 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Commission Express | 1996 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Commission Express | 10 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Commission Express | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Commission Express | General business experience |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Commission Express | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Commission Express | |
| Equipment | |
| Weichert Real Estate} | |
| Commission Express | |
| Inventory | |
| Weichert Real Estate | |
| Commission Express | |
| Receivables | |
| Weichert Real Estate | |
| Commission Express | |
| Payroll | |
| Weichert Real Estate | |
| Commission Express | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Commission Express | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| 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) |
| Commission Express | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Commission Express | |
| Canada Expansion | |
| Weichert Real Estate | |
| Commission Express | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Commission Express | |