RE/MAX vs HomeSmart Franchise Comparison

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

Start-Up Costs and Fees

 
RE/MAX Franchise
HomeSmart Franchise
Investment $35,000 - $250,000$70,000 - And Up
Franchise Fee $12,500 - $35,000N/A
Royalty Fee Varies-
Advertising Fee --
Year Founded 19732000
Year Franchised 19750
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee Varies-


Business Experience Requirements

 
RE/MAX Franchise
HomeSmart Franchise
Experience - We're looking for outgoing, results-oriented franchise candidates with strong track record of business success; people that can build relationships, lead teams, and have the motivation to excel! *Liquid Capital Required: $49,000 *Net Worth Required: $125,000

Financing Options

 
RE/MAX Franchise
HomeSmart Franchise
  In-House/3rd PartyIn-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

 
RE/MAX Franchise
HomeSmart Franchise
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

 
RE/MAX Franchise
HomeSmart Franchise
US Expansion -Yes
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 HomeSmart

HomeSmart International offers franchise opportunities using a proven “Low-fee, high-value” brokerage model. High value is achieved through SMART execution and service. This results in innovative processes and technology that will continue to revolutionize the residential real estate industry, while keeping your brokerage on the forefront. Our proven model focuses on four key pillars of success: Career Services, Agent Services, Broker Services and Transaction/Closing Services- and the creation of operational efficiencies within each pillar through our proprietary technology. Join One of the Fastest Growing Real Estate Companies! This franchise model has created one of the fastest growing real estate companies in the nation in a very short time, with agent counts up 51% over the last two years to over 7,700 agents worldwide in 14 states and 2 countries. We have immediate plans to continue our exponential growth across the United States this year. Make the SMART move with HomeSmart Want to learn more to see if the HomeSmart real estate franchise model might be the right fit for you? Click on the ‘more info’ button to see how HomeSmart is leading the real estate revolution.