|
Below is an in-depth analysis and side-by-side comparison of RE/MAX vs MARS Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $42,000 - $284,000 | $250,000 - $550,000 |
Franchise Fee | $17,500 - $37,500 | N/A |
Royalty Fee | varies | - |
Advertising Fee | varies | - |
Year Founded | 1973 | 2004 |
Year Franchised | 1975 | 2006 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Semi-annual convention and conference | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Innovative concept combines world-class technology with quality customer experience. Proprietary lifestyle matching software connects consumers with properties. Agents more effective due to efficient marketing system.