SellSmart Real Estate vs LakePlace.com Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SellSmart Real Estate vs LakePlace.com Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  SellSmart Real Estate LakePlace.com Realty
Investment 23500 - 53600 16000 - 114900
Franchise Fee
Royalty Fee 6% 10%
Advertising Fee
Year Founded 2001 2015
Year Franchised 2004 2015
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  SellSmart Real Estate LakePlace.com Realty
Experience

Financing Options

  SellSmart Real Estate LakePlace.com Realty
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  SellSmart Real Estate LakePlace.com Realty
Training * Available at headquarters: 3 days * Regional seminars: 1-3 days
Support
Marketing
Operations * 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

  SellSmart Real Estate LakePlace.com Realty
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
SellSmart Real Estate
LakePlace.com Realty
Franchise Fee
SellSmart Real Estate
LakePlace.com Realty
Royalty Fee
SellSmart Real Estate 6%
LakePlace.com Realty 10%
Advertising Fee
SellSmart Real Estate
LakePlace.com Realty
Year Founded
SellSmart Real Estate 2001
LakePlace.com Realty 2015
Year Franchised
SellSmart Real Estate 2004
LakePlace.com Realty 2015
Term Of Agreement
SellSmart Real Estate 5 years
LakePlace.com Realty
Renewal Fee
SellSmart Real Estate $500
LakePlace.com Realty


Business Experience Requirements

Experience
SellSmart Real Estate
LakePlace.com Realty

Financing Options

 
Franchise Fees
SellSmart Real Estate No
LakePlace.com Realty No
Start-up Costs
SellSmart Real Estate
LakePlace.com Realty
Equipment
SellSmart Real Estate}
LakePlace.com Realty
Inventory
SellSmart Real Estate
LakePlace.com Realty
Receivables
SellSmart Real Estate
LakePlace.com Realty
Payroll
SellSmart Real Estate
LakePlace.com Realty

Training & Support

Training
SellSmart Real Estate * Available at headquarters: 3 days * Regional seminars: 1-3 days
LakePlace.com Realty
Support
SellSmart Real Estate
LakePlace.com Realty
Marketing
SellSmart Real Estate
LakePlace.com Realty
Operations
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)
LakePlace.com Realty

Expansion Plans

US Expansion
SellSmart Real Estate
LakePlace.com Realty 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
SellSmart Real Estate
LakePlace.com Realty
International Expansion
SellSmart Real Estate
LakePlace.com Realty