RE/MAX vs ERA Franchise Systems LLC Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of RE/MAX vs ERA Franchise Systems LLC including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
RE/MAX Franchise
ERA Franchise Systems LLC Franchise
Investment $35,000 - $250,000$47,700 - $209,900
Franchise Fee $12,500 - $35,000$25,000
Royalty Fee Varies6% of gross revenue
Advertising Fee -2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)
Year Founded 19731971
Year Franchised 19751972
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee Varies-


Business Experience Requirements

 
RE/MAX Franchise
ERA Franchise Systems LLC Franchise
Experience -
  • Industry experience
  • General business experience

  • Financing Options

     
    RE/MAX Franchise
    ERA Franchise Systems LLC Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/No
    Start-up Costs No/NoYes/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    RE/MAX Franchise
    ERA Franchise Systems LLC Franchise
    Training Semi-annual convention and conference-
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
    Marketing Ad slicks, National media, Regional advertisingAd slicks, National media, Regional advertising
    Operations

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed.

    International franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is NOT allowed.


    Expansion Plans

     
    RE/MAX Franchise
    ERA Franchise Systems LLC Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About RE/MAX

    RE/MAX was established in 1973 by Dave and Gail Liniger, with a creative, entrepreneurial culture managing its operators and franchisees the adaptability to work their organizations with extraordinary autonomy. More than 110,000 specialists give RE/MAX a worldwide reach in more than 100 nations and regions. No one offers more land than RE/MAX when measured by private exchange sides. RE/MAX, LLC, one of the world's driving franchisors of land financier administrations, is an entirely claimed backup of RMCO, LLC, which is controlled and overseen by RE/MAX Holdings, Inc. (NYSE:RMAX). With an energy for the groups in which its specialists live and work, RE/MAX is glad to have raised more than $150 million for Children's Miracle Network Hospitals® and different foundations.

    About ERA Franchise Systems LLC

    Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.