1st Class Real Estate vs Renters Warehouse Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of 1st Class Real Estate vs Renters Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  1st Class Real Estate Renters Warehouse
Investment 14420 - 209475 14819 - 50405
Franchise Fee
Royalty Fee 4.50%
Advertising Fee
Year Founded 2012 2007
Year Franchised 2018 2011
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  1st Class Real Estate Renters Warehouse
Experience Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

Financing Options

  1st Class Real Estate Renters Warehouse
 
Franchise Fees Yes
Start-up Costs Yes
Equipment
Inventory
Receivables
Payroll

Training & Support

  1st Class Real Estate Renters Warehouse
Training Classroom Training: 16 hours Additional Training: Virtual training Available at headquarters: 5 days. At franchisee's location: 2 days.
Support Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app Co-op advertising, National media, Regional advertising,
Operations Number of Employees Required to Run: 3

Expansion Plans

  1st Class Real Estate Renters Warehouse
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
1st Class Real Estate
Renters Warehouse
Franchise Fee
1st Class Real Estate
Renters Warehouse
Royalty Fee
1st Class Real Estate
Renters Warehouse 4.50%
Advertising Fee
1st Class Real Estate
Renters Warehouse
Year Founded
1st Class Real Estate 2012
Renters Warehouse 2007
Year Franchised
1st Class Real Estate 2018
Renters Warehouse 2011
Term Of Agreement
1st Class Real Estate
Renters Warehouse 7 years
Renewal Fee
1st Class Real Estate
Renters Warehouse


Business Experience Requirements

Experience
1st Class Real Estate
Renters Warehouse Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

Financing Options

 
Franchise Fees
1st Class Real Estate Yes
Renters Warehouse Yes
Start-up Costs
1st Class Real Estate
Renters Warehouse
Equipment
1st Class Real Estate}
Renters Warehouse
Inventory
1st Class Real Estate
Renters Warehouse
Receivables
1st Class Real Estate
Renters Warehouse
Payroll
1st Class Real Estate
Renters Warehouse

Training & Support

Training
1st Class Real Estate Classroom Training: 16 hours Additional Training: Virtual training
Renters Warehouse Available at headquarters: 5 days. At franchisee's location: 2 days.
Support
1st Class Real Estate Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Renters Warehouse Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing
1st Class Real Estate Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Renters Warehouse Co-op advertising, National media, Regional advertising,
Operations
1st Class Real Estate Number of Employees Required to Run: 3
Renters Warehouse

Expansion Plans

US Expansion
1st Class Real Estate
Renters Warehouse 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
1st Class Real Estate
Renters Warehouse
International Expansion
1st Class Real Estate
Renters Warehouse