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Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Sell4Free 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 | $27,350 - $432,550 | $36,386 - $102,300 |
Franchise Fee | $25,000 | $29,000 |
Royalty Fee | 6% of gross revenue | 5% |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | 1% |
Year Founded | 1971 | 1996 |
Year Franchised | 1972 | 2002 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
Renewal Fee | - | $1000 |
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/Yes |
Payroll | No/No | No/Yes |
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 |
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.
Sell4Free Real Estate operates on the philosophy which is to give their customers the best service at the lowest commission. "The Buy From Me, Sell For Free Company" is a registered trademark that tells what their real estate company does for its customers that sets them apart from the rest. Their marketing program allows customers to keep more of their equity in their current home, so they can use that money to buy a new home. The more their client's home is worth... the more they save! With this concept, they are strategically competing in their industry and innovatively leading the way into the 21st century.