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Updated RecentlyWeichert Real Estate vs Valbridge Property Advisors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Valbridge Property Advisors 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 | $54,270 - $138,784 |
| Franchise Fee | $25,000 | $17,500 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1969 | 2013 |
| Year Franchised | 2000 | 2013 |
| 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)
| - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Weichert Real Estate
Weichert, Realtors opened in 1969 with a single office. Jim Weichert opened his first real estate office in Chatham, New Jersey, He began franchising in 2000, and today the company is
based in Morris Plains, New.Jersey. Franchisees help customers buy and
sell both residential and commercial real estate, and streamline the
delivery of mortgages and home and title insurance.
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#285 in Franchise 500 for 2020.
#337 in Franchise 500 for 2021.
About Valbridge Property Advisors
!["Valbridge]("https://fddexchange.com/wp-content/uploads/2019/04/Valbridge-Property-Advisors-300x103.jpg")
Valbridge Property Advisors is the largest, independent, commercial valuation and advisory services firm in North America, with 200 MAIs, 69 office locations and more than 675 staff across the nation.
Valbridge provides independent appraisal services based on objective criteria, in-depth knowledge of local property markets and using widely accepted valuation techniques consistent with the highest industry standards of practice.
Valbridge is owned by its local practice leaders, not by a brokerage firm, investment company or outside investors. Each Valbridge office is led by an appraiser who holds the MAI designation of the Appraisal Institute. The MAI designation signifies deep experience in the valuation and evaluation of commercial, industrial, residential and other types of properties.