| ||||
Updated RecentlyWeichert Real Estate vs Sandals Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Sandals Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $62,500 - $324,700 | $92,650 - $183,450 |
| Franchise Fee | $25,000 | $30,000 |
| Royalty Fee | 6% | 7% |
| 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 |
||
| Experience | - | The key to maintaining the success of Sandals Realty is in selecting the right people to join our team as franchise owners. A real estate broker with great people skills, sales and recruiting experience, as well as impeccable character and a sincere drive to succeed is considered an ideal candidate. |
Financing Options |
||
| 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 |
||
| 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)
| The franchisee's full participation is essential to overall success. We strongly recommend supervision, full and exclusive time in daily office operations as this is considered vital in building the franchise. |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Weichert Real Estate
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Sandals Realty
Our concept was created with the specific intent to advance the business of real estate beyond outdated competitor models that were designed and implemented decades ago. Our system is a stroke of genius that offers the most modern concepts available to brokers and agents across the country, and an once-in-a-lifetime opportunity to break through obsolete ideas and practices, and embrace this new and exciting environment teeming with opportunities and synergies. Call us at 888-699-SAND (7263) or email [email protected]