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Updated RecentlyERA Franchise Systems LLC vs Advance Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Advance Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $27,350 - $432,550 | $55,600 - $129,000 |
| Franchise Fee | $25,000 | $17,500 |
| Royalty Fee | 6% of gross revenue | 1.75% |
| Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
| Year Founded | 1971 | 2001 |
| Year Franchised | 1972 | 2005 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | - | $1,750 |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | No/Yes |
| Start-up Costs | Yes/No | No/Yes |
| Equipment | No/No | No/Yes |
| Inventory | No/No | No/Yes |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | - |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
| Marketing | Ad slicks, National media, Regional advertising | - |
| Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About ERA Franchise Systems LLC
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.
About Advance Realty
The Advance Realty system was designed from the beginning to be the most technologically advanced, efficient, cost effective, flexible, scalable and successful real estate model in the industry. The concept is easy to understand and the value is immediately recognizable.
Give your top agents the commissions they want and still maintain profitability.
Entrepreneur Magazine's 100 Fastest Growing Franchises, Entrepreneur Magazine's 'Franchise 500', Real Trends 'Top 500 Largest Brokers in US', Franchise Times 'The Next 100 Top Franchises', Smart CEO 'Fastest Growing Company', RisMedia 'Top 500 Power Brokers',
Realtor Magazine 'Emerging Player', Smart CEO 'Top Technology Company'
Our steady growth in the best and worst of markets proves that no other brand can duplicate the success of Advance Realty USA.
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland.