RE/MAX vs Better Homes Realty Franchise Comparison

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

Start-Up Costs and Fees
 
RE/MAX Franchise
Better Homes Realty Franchise
Investment $42,000 - $284,000$61,500
Franchise Fee $17,500 - $37,500$9,950
Royalty Fee variesVaries
Advertising Fee varies-
Year Founded 19731964
Year Franchised 19751975
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee Varies-


Business Experience Requirements
 
RE/MAX Franchise
Better Homes Realty Franchise
Experience --

Financing Options
 
RE/MAX Franchise
Better Homes Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoYes/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support
 
RE/MAX Franchise
Better Homes Realty Franchise
Training Semi-annual convention and conferenceAvailable at headquarters, Available at franchisee's location
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet
Marketing Ad slicks, National media, Regional advertisingCo-op advertising, Ad slicks
Operations

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed.

 10% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Expansion Plans
 
RE/MAX Franchise
Better Homes Realty Franchise
US Expansion -Yes
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.

"Top     ""     "Entrepreneur
#9 in Canada's Top franchises.
#40 in Franchise 500 for 2020.
#187 in Franchise 500 for 2021.



About Better Homes Realty

In 1964 a group of independent real estate brokerage offices in the Walnut Creek, California, area came together to do business as Better Homes Realty. The company began adding offices throughout Contra Costa County, California, and in 1975 Better Homes Realty obtained a franchise license to expand the concept in California. The company has been franchising nationally since 1981.