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Updated RecentlyWhy USA vs SimplySold Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Why USA vs SimplySold Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $17,000 - $103,400 | $75,300 - $187,900 |
| Franchise Fee | N/A | $12,500 - $25,000 |
| Royalty Fee | Varies | Varies |
| Advertising Fee | - | - |
| Year Founded | 1988 | 2003 |
| Year Franchised | 1989 | 2006 |
| Term Of Agreement | 3 years | 5 years |
| Term Of Agreement | 3 years | 5 years |
| Renewal Fee | - | $5000 |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | Yes/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 |
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| Training | 2 conferences per year, monthly tele-conferences | - |
| Support | Meetings, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising, Ad slicks | - |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Why USA
Why USA was founded in 1988 and began franchising in 1989. The company utilizes a flat-fee commission system as well as its own sales program. It now has locations throughout the United States and is based in Cedar Rapids, Iowa.
About SimplySold Real Estate
We are a one-stop shop concierge service that coordinates and manages residential prep services to produce a “market ready” home.