|
Below is an in-depth analysis and side-by-side comparison of RE/MAX vs Exit Realty Florida including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $42,000 - $284,000 | $61,000 - $210,000 |
Franchise Fee | $17,500 - $37,500 | $25,000 |
Royalty Fee | varies | $295/mo. |
Advertising Fee | varies | - |
Year Founded | 1973 | - |
Year Franchised | 1975 | - |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | Varies | $2,500 |
Business Experience Requirements |
||
Experience | - | Determined by applicants credit, financial position and experience owning and or operations of a business. |
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 | 1 week training at Exit International offices located in Toronto Canada * Monthly training programs delivered electronically and by internationally renowned speakers. |
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 | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
Exit Realty Florida is a U.S Regional franchise territory. The Exit Realty Business model has its unique business model that allows the agents to earn additional income from recruiting agents into any office across the country.