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Updated RecentlyWeichert Real Estate vs Exit Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Exit Realty 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 | $66,000 - $217,000 |
| Franchise Fee | $25,000 | N/A |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1969 | 1977 |
| Year Franchised | 2000 | 1977 |
| 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) | 1 week training at Exit International offices located in Toronto |
| 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 | Yes |
| International Expansion | No | - |
Company Overviews
About Weichert Real Estate
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About Exit Realty
Top Production is Necessary to be the Best in the Business. Those who want this find the EXIT formula of residuals and specialized training irresistible. The ULTIMATE Answer is . . . RESIDUALS!EXIT Realty is revolutionizing the real estate industry with our three dimensional concept of taking listings, making sales and sponsoring. Now you can EXIT conventional real estate and open the door to unlimited income potential by using the EXIT Formula's single-level residual system. If you've ever dreamed of owning your own real estate franchise, you owe it to yourself to find out why EXIT Realty is Growing!