Renters Warehouse vs Red Carpet Real Estate Franchise Comparison

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

Start-Up Costs and Fees
  Renters Warehouse Red Carpet Real Estate
Investment 14819 - 50405 36000 - 36000
Franchise Fee
Royalty Fee 4.50% 5%
Advertising Fee 0.50%
Year Founded 2007 1966
Year Franchised 2011 1970
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Renters Warehouse Red Carpet Real Estate
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
  Renters Warehouse Red Carpet Real Estate
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Renters Warehouse Red Carpet Real Estate
Training Available at headquarters: 5 days. At franchisee's location: 2 days. Meetings Quarterly
Support Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation Field Training Franchisee Newsletter Regional or National Meetings
Marketing Co-op advertising, National media, Regional advertising,
Operations Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged

Expansion Plans
  Renters Warehouse Red Carpet 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 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
Renters Warehouse
Red Carpet Real Estate
Franchise Fee
Renters Warehouse
Red Carpet Real Estate
Royalty Fee
Renters Warehouse 4.50%
Red Carpet Real Estate 5%
Advertising Fee
Renters Warehouse
Red Carpet Real Estate 0.50%
Year Founded
Renters Warehouse 2007
Red Carpet Real Estate 1966
Year Franchised
Renters Warehouse 2011
Red Carpet Real Estate 1970
Term Of Agreement
Renters Warehouse 7 years
Red Carpet Real Estate 5 years +7or10
Renewal Fee
Renters Warehouse
Red Carpet Real Estate


Business Experience Requirements
Experience
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.
Red Carpet Real Estate

Financing Options
 
Franchise Fees
Renters Warehouse
Red Carpet Real Estate
Start-up Costs
Renters Warehouse
Red Carpet Real Estate
Equipment
Renters Warehouse}
Red Carpet Real Estate
Inventory
Renters Warehouse
Red Carpet Real Estate
Receivables
Renters Warehouse
Red Carpet Real Estate
Payroll
Renters Warehouse
Red Carpet Real Estate

Training & Support
Training
Renters Warehouse Available at headquarters: 5 days. At franchisee's location: 2 days.
Red Carpet Real Estate Meetings Quarterly
Support
Renters Warehouse Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Red Carpet Real Estate Field Training Franchisee Newsletter Regional or National Meetings
Marketing
Renters Warehouse Co-op advertising, National media, Regional advertising,
Red Carpet Real Estate
Operations
Renters Warehouse
Red Carpet Real Estate Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged

Expansion Plans
US Expansion
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
Red Carpet 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
Canada Expansion
Renters Warehouse
Red Carpet Real Estate
International Expansion
Renters Warehouse
Red Carpet Real Estate