RE/MAX vs SellSmart Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
RE/MAX Franchise
SellSmart Real Estate Franchise
Investment $35,000 - $250,000$23,500 - $53,600
Franchise Fee $12,500 - $35,000$14,950
Royalty Fee Varies6%
Advertising Fee --
Year Founded 19732001
Year Franchised 19752004
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee Varies$500


Business Experience Requirements

 
RE/MAX Franchise
SellSmart Real Estate Franchise
Experience --

Financing Options

 
RE/MAX Franchise
SellSmart Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoNo/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
SellSmart Real Estate Franchise
Training Semi-annual convention and conference* Available at headquarters: 3 days

* Regional seminars: 1-3 days

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.

* 20% of all franchisees own more than one unit

* Number of employees needed to run franchised unit: 2 - 3

* Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


Expansion Plans

 
RE/MAX Franchise
SellSmart Real Estate Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

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 SellSmart Real Estate

NO LONGER FRANCHISING

New land plans of action and innovation giving customer access to data is changing the land business for Brokers, Salespersons and Mortgage Lenders. A late overview showed that around 70% of buyers expressed that they needed a markdown charge structure without bargaining the administration that an accomplished representative may offer. SellSmart® is on focus with the reply - a far reaching framework to fulfill the desires of today's customer. Educated shoppers are the main impetus behind industry changes. Today's insightful shopper knows there are a greater number of alternatives accessible than the customary land financier firms. As home costs have far outpaced the shopper cost file, dispatched dealers who increment their overall revenues without offering extra esteem and administration to the customer are off guard for obtaining new postings. Actually, with expanded online access to data, shoppers wind up performing a significant number of the ventures themselves. Generally perceived for its purchaser driven plan of action, SellSmart gives home venders proficient mastery all through the whole cycle of home offering, and the BuySmart® program offers purchaser administrations and motivating forces. SellSmart is gaining by the market proficiency and monetary advantages that are accessible through online media by passing those reserve funds onto the shopper.