RE/MAX vs Rapid Realty Franchise Comparison

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

Start-Up Costs and Fees
 
RE/MAX Franchise
Rapid Realty Franchise
Investment $42,000 - $284,000$90,000 - $150,000
Franchise Fee $17,500 - $37,500N/A
Royalty Fee varies-
Advertising Fee varies-
Year Founded 1973-
Year Franchised 1975-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee Varies-


Business Experience Requirements
 
RE/MAX Franchise
Rapid Realty Franchise
Experience --

Financing Options
 
RE/MAX Franchise
Rapid Realty 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
Rapid Realty 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
Rapid Realty 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.

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



About Rapid Realty

As a RapidRealty franchisee, you’ll be joining a diverse team of energetic entrepreneurs in a company with a truly one-of-a-kind culture. In an industry where professionals are often seen as overly slick and hyper-competitive, RapidRealty promotes a fun environment where people are encouraged to work together. Our unique assembly-line style approach to real estate and our emphasis on training make it easy for new agents to get started in the business. Many agents land a deal within their first week on the job. But more than that, it rewards agents for working together to use their individual talents to help our clients find - and get approved for - the perfect home.