|
Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Crye-Leike including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $31,000 - $315,500 | $59,100 - $160,300 |
Franchise Fee | $4,400 - $12,500 | $13,500 - $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | - |
Year Founded | 1999 | 1976 |
Year Franchised | 1999 | 1999 |
Term Of Agreement | 5 years | 5 years |
Term Of Agreement | 5 years | 5 years |
Renewal Fee | - | 10% of initial fee |
Business Experience Requirements |
||
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 | - |
Marketing | - | - |
Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
As a full service real estate company since 1976, Crye-Leike offers real estate and related services, including: relocation services; commercial business and investment real estate services; property leasing and management services; insurance services; title & closing services; mortgage services; home warranty services; home services; auction services; business brokerage services; REO services for bank-owned & foreclosed properties and real estate schools.
The Crye-Leike has grown to be a brand to be reckoned with among real estate brands.