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Updated RecentlyWeichert Real Estate vs International Realty Plus Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs International Realty Plus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $62,500 - $324,700 | N/A |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1969 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | $1K | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | - |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | - |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | - |
| Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Weichert Real Estate
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About International Realty Plus
International Realty Plus is truly the first full service Real Estate Franchisor born of the Internet Age! Our IRP franchises empower Brokers to create an automated, electronic business infrastructure that integrates their operational process with their strategic marketing initiatives. And it does so, simply and affordably in one bundled platform. By leveraging our technology packages in concert with strategic alliances such as International Mortgage Plus, Homes.com and Realtor.com, we are able to deliver business systems and Broker Management Softwares that create a sustainable, competitive advantage in todays's marketplace. Our goal is to open 1,000 new franchises.