Start-Up Costs and Fees |
||
| Why USA | Weichert Real Estate | |
| Investment | 17000 - 103400 | 62500 - 324700 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | Varies | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1988 | 1969 |
| Year Franchised | 1989 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Why USA | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Why USA | Weichert Real Estate | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Why USA | Weichert Real Estate | |
| Training | 2 conferences per year, monthly tele-conferences | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | Meetings, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | 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 |
||
| Why USA | Weichert 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 | |
| Why USA | |
| Weichert Real Estate | |
| Franchise Fee | |
| Why USA | |
| Weichert Real Estate | |
| Royalty Fee | |
| Why USA | Varies |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Why USA | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Why USA | 1988 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Why USA | 1989 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Why USA | 3 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Why USA | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Why USA | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Why USA | Yes |
| Weichert Real Estate | Yes |
| Start-up Costs | |
| Why USA | |
| Weichert Real Estate | |
| Equipment | |
| Why USA} | |
| Weichert Real Estate | |
| Inventory | |
| Why USA | |
| Weichert Real Estate | |
| Receivables | |
| Why USA | |
| Weichert Real Estate | |
| Payroll | |
| Why USA | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Why USA | 2 conferences per year, monthly tele-conferences |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Why USA | Meetings, Internet, Field operations/evaluations |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Why USA | Co-op advertising, Ad slicks |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Why USA | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Why USA | |
| 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 |
| Canada Expansion | |
| Why USA | |
| Weichert Real Estate | |
| International Expansion | |
| Why USA | |
| Weichert Real Estate | |