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Updated RecentlyWeichert Real Estate vs Howard Hanna Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Howard Hanna 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 | $55,000 - $248,500 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1969 | 2010 |
| Year Franchised | 2000 | 2010 |
| 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 Howard Hanna Real Estate
!["Howard]("https://fddexchange.com/wp-content/uploads/2020/07/Howard-Hanna-Real-Estate.png")
Howard Hanna Real Estate Services is the #1 family-owned and -operated independent broker in the U.S.A. The full-service real estate company has more than 300 real estate, mortgage, insurance, title and escrow service offices across 10 states, with more than 11,000 sales associates and staff, including many of the industry’s top-producing real estate agents.
Utilize Howard Hanna Real Estate Services' exclusive, trademarked real estate marketing tools to propel your business to the next level. Our franchising partnership offers ongoing management support, more leads, and the opportunity for you to fully participate in all company programs and events. Since its inception in 1997, Howard Hanna Real Estate Services has taken pride in truly being different by design. We invite you to explore the Howard Hanna difference to decide if it’s the right fit for you.