Century 21 vs Joe Homebuyer Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Century 21 vs Joe Homebuyer including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Century 21 Franchise
Joe Homebuyer Franchise
Investment $24,700 - $451,350$51,000 - $372,000
Franchise Fee $12,500 - $25,000$30,000 - $90,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19712019
Year Franchised 19722019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Century 21 Franchise
Joe Homebuyer Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Century 21 Franchise
    Joe Homebuyer Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Century 21 Franchise
    Joe Homebuyer Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Century 21 Franchise
    Joe Homebuyer Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Century 21

    When you become part of the CENTURY 21® System, you’ll have the flexibility and entrepreneurial opportunity of being independently owned and operated along with the brand presence and buying power of the world’s most iconic real estate brand. 
     
    • Global Exposure
    • Comprehensive Training
    • In-Market Support
    • World-Class Marketing
    • The Scale and Buying Power of a Global Partner
     
    According to the 2013 National Association of REALTORS® Profile of Real Estate Firms, those real estate firms affiliated with a franchise report an 87% boost in name recognition, an 85% increase in enhanced use of technology, and an 83% improvement in acquiring listings. 
     
    Find out what more than 8,000 independently owned and operated franchise brokers across 80 countries and territories already know. The CENTURY 21 System is the most recognized real estate company as chosen by consumers from a list of real estate agencies.*
     
    The CENTURY 21 System is accepting franchise applications in key markets for individuals that are interested in setting a new standard of service, quality, and commitment.

    The total investment necessary to begin operation of a CENTURY 21 franchise is approximately $24,700 to $264,050 for a conversion real estate office, and $106,200 to $451,350 for a start-up real estate office. This includes $0 to $25,000 that must be paid to the franchisor or its affiliate. The standard initial franchise fee for a residential franchise is $25,000 for the first office and $10,000 for each additional office.

    Veteran Incentives Franchise fee waived

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    "franchiserankingscom"
    #80 on Franchise Rankings.com
    #362 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.






    About Joe Homebuyer

    "Joe

    Joe Homebuyer is a turnkey real estate acquisition franchise. Our franchisees operate their businesses to provide real estate solutions by buying, fixing, and wholesaling residential properties. With or without prior real estate experience, we will guide you through the entire process from marketing to close.
    Joe Homebuyer provides win-win creative solutions for homeowners who would benefit from a quick, no hassle cash offer.
    As a Joe Homebuyer franchisee you will oversee your business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property and managing your business’s KPI’s.
    A Joe Homebuyer franchise is a very low overhead and low employee-based business.