Start-Up Costs and Fees |
||
| Weichert Real Estate | William Raveis Affiliates | |
| Investment | 62500 - 324700 | 70000 - 270500 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1974 |
| Year Franchised | 2000 | 2007 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | William Raveis Affiliates | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | William Raveis Affiliates | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | William Raveis Affiliates | |
| 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 | William Raveis Affiliates | |
| 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 | Connecticut, Florida, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| Franchise Fee | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| William Raveis Affiliates | 6% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| William Raveis Affiliates | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| William Raveis Affiliates | 1974 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| William Raveis Affiliates | 2007 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| William Raveis Affiliates | 7 years |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| William Raveis Affiliates | 10% of then current fran. fee |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| William Raveis Affiliates | No |
| Start-up Costs | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| Equipment | |
| Weichert Real Estate} | |
| William Raveis Affiliates | |
| Inventory | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| Receivables | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| Payroll | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| William Raveis Affiliates | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| William Raveis Affiliates | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| William Raveis Affiliates | |
| 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) |
| William Raveis Affiliates | |
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 |
| William Raveis Affiliates | Connecticut, Florida, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont |
| Canada Expansion | |
| Weichert Real Estate | |
| William Raveis Affiliates | |
| International Expansion | |
| Weichert Real Estate | |
| William Raveis Affiliates | |