Start-Up Costs and Fees |
||
| World Properties Int'l. | Weichert Real Estate | |
| Investment | 19000 - 65900 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | $130/month | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2005 | 1969 |
| Year Franchised | 2005 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| World Properties Int'l. | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| World Properties Int'l. | Weichert Real Estate | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| World Properties Int'l. | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 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 |
||
| World Properties Int'l. | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| World Properties Int'l. | |
| Weichert Real Estate | |
| Franchise Fee | |
| World Properties Int'l. | |
| Weichert Real Estate | |
| Royalty Fee | |
| World Properties Int'l. | $130/month |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| World Properties Int'l. | |
| Weichert Real Estate | 2% |
| Year Founded | |
| World Properties Int'l. | 2005 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| World Properties Int'l. | 2005 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| World Properties Int'l. | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| World Properties Int'l. | $500 |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| World Properties Int'l. | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| World Properties Int'l. | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| World Properties Int'l. | |
| Weichert Real Estate | |
| Equipment | |
| World Properties Int'l.} | |
| Weichert Real Estate | |
| Inventory | |
| World Properties Int'l. | |
| Weichert Real Estate | |
| Receivables | |
| World Properties Int'l. | |
| Weichert Real Estate | |
| Payroll | |
| World Properties Int'l. | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| World Properties Int'l. | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| World Properties Int'l. | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| World Properties Int'l. | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| World Properties Int'l. | |
| 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 | |
| World Properties Int'l. | |
| 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 | |
| World Properties Int'l. | 0 |
| Weichert Real Estate | |
| International Expansion | |
| World Properties Int'l. | |
| Weichert Real Estate | |