Start-Up Costs and Fees |
||
| Weichert Real Estate | SellSmart Real Estate | |
| Investment | 62500 - 324700 | 23500 - 53600 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 2001 |
| Year Franchised | 2000 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | SellSmart Real Estate | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | SellSmart Real Estate | |
| 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 | SellSmart Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| 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) | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Weichert Real Estate | SellSmart 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 | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| Franchise Fee | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| SellSmart Real Estate | 6% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| SellSmart Real Estate | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| SellSmart Real Estate | 2001 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| SellSmart Real Estate | 2004 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| SellSmart Real Estate | 5 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| SellSmart Real Estate | $500 |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| SellSmart Real Estate | No |
| Start-up Costs | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| Equipment | |
| Weichert Real Estate} | |
| SellSmart Real Estate | |
| Inventory | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| Receivables | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| Payroll | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| SellSmart Real Estate | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| SellSmart Real Estate | |
| 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) |
| SellSmart Real Estate | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is 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 |
| SellSmart Real Estate | |
| Canada Expansion | |
| Weichert Real Estate | |
| SellSmart Real Estate | |
| International Expansion | |
| Weichert Real Estate | |
| SellSmart Real Estate | |