|
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Help-U-Sell Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $27,350 - $432,550 | $29,650 - $67,650 |
Franchise Fee | $25,000 | $17,750 |
Royalty Fee | 6% of gross revenue | 6% |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
Year Founded | 1971 | 1976 |
Year Franchised | 1972 | 1978 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | - | $500 |
Business Experience Requirements |
||
Experience | � Industry experience � General business experience |
|
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | Yes/No |
Start-up Costs | Yes/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
||
Training | - | Summits, Group and One-on-One Coaching, Online Help-U-Sell University, Weekly Technology and Marketing Webinars |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Broker Websites, In-house Technology Support, Public Relations Assistance |
Marketing | Ad slicks, National media, Regional advertising | Brochures, Signage, Business Cards, Drip Email Campaigns, Conferences |
Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. | 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1+ Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.
Don Taylor founded Help-U-Sell as the original fee-for-service real estate company. Instead of charging a percentage commission for a transaction, Help U-Sell offers a menu of services to home sellers and lets them choose services that fit their needs.