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Updated RecentlyWeichert Real Estate vs Remerica Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Remerica 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 | $62,500 - $324,700 | $20,000 - $100,000 |
| Franchise Fee | $25,000 | $10,000 |
| 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 Remerica Real Estate
Remerica was created by real estate people for real estate people. We are an organization currently experiencing tremendous growth and ideally suited to provide the opportunity for your career advancement. We are nurturing our company's growth through a selection of quality agents. We are looking for people that possess initiative and have the entrepreneurial drive to succeed... because their success and our company's success go hand in hand.
We encourage independence and play a significant role in helping our agents realize personal and career goals. We'll even teach you how to manage your investments properly. You will have the wealth and security of becoming an independent Remerica Franchise owner.