Start-Up Costs and Fees |
||
| SellSmart Real Estate | Red Carpet Real Estate | |
| Investment | 23500 - 53600 | 36000 - 36000 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 2001 | 1966 |
| Year Franchised | 2004 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| SellSmart Real Estate | Red Carpet Real Estate | |
| Experience | ||
Financing Options |
||
| SellSmart Real Estate | Red Carpet Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| SellSmart Real Estate | Red Carpet Real Estate | |
| Training | * Available at headquarters: 3 days * Regional seminars: 1-3 days | Meetings Quarterly |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | |
| 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) | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| SellSmart Real Estate | 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 | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| SellSmart Real Estate | 6% |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| SellSmart Real Estate | 2001 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| SellSmart Real Estate | 2004 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| SellSmart Real Estate | 5 years |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| SellSmart Real Estate | $500 |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| SellSmart Real Estate | No |
| Red Carpet Real Estate | No |
| Start-up Costs | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| Equipment | |
| SellSmart Real Estate} | |
| Red Carpet Real Estate | |
| Inventory | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| Receivables | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| Payroll | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| 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) |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| SellSmart Real Estate | |
| 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 | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |
| International Expansion | |
| SellSmart Real Estate | |
| Red Carpet Real Estate | |