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Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs HouseMAXX 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 | $5,000 - $50,000 |
Franchise Fee | $25,000 | $12,500 |
Royalty Fee | 6% of gross revenue | - |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
Year Founded | 1971 | - |
Year Franchised | 1972 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
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 | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | 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 | - | Yes |
Canada Expansion | No | Yes |
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.
HouseMAXX is looking for exceptional business-oriented people to become Exclusive Territory Licensee/s in expanding our International FSBO Advertising services throughout the world! Successful candidates must be entrepreneurial in approach and passionate about developing their own territory. They must have strong people skills in order to communicate the HouseMAXX message to sellers, home owners and the general public. Knowledge of the internet, real estate and an interest in photography coupled with the keen desire to help people save thousands in real estate commissions would be an asset!