Avalar Real Estate & Mortgage Network vs Commission Express Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Commission Express including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$31,000 - $315,500 | $112,800 - $301,500 |
Franchise Fee |
$4,400 - $12,500 | $15,000 - $60,000 |
Royalty Fee |
5% | Varies |
Advertising Fee |
- | - |
Year Founded |
1999 | 1992 |
Year Franchised |
1999 | 1996 |
Term Of Agreement |
5 years | 10 years |
Term Of Agreement |
5 years | 10 years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | General business experience |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/No |
Start-up Costs |
No/No | No/No |
Equipment |
No/No | No/No |
Inventory |
No/No | No/No |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
Marketing |
- | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
No | Yes |
Company Overviews
About Avalar Real Estate & Mortgage Network
See http://dev.thefranchisemall.com/admin/listings/stats.asp?ListingID=10894
Avalar is specifically designed to benefit real estate and loan professionals through our trademarked Path to Success system.
Avalar offers groundbreaking opportunities in office development through innovative recruiting and retention programs attracting top-producing agents wherever real estate is sold or mortgages are originated.
Avalar’s primary focus is to create an agent-driven environment that empowers its workforce through independence and long-term financial stability.
About Commission Express
John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992. With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees.
Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.
The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small
territory), $25,000 (for a medium territory) or $50,000 (for a large
territory) that must be paid to the franchisor.
The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be
paid to the franchisor.