|
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs International Realty Plus including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $27,350 - $432,550 | N/A |
Franchise Fee | $25,000 | N/A |
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 |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | 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.
International Realty Plus is truly the first full service Real Estate Franchisor born of the Internet Age! Our IRP franchises empower Brokers to create an automated, electronic business infrastructure that integrates their operational process with their strategic marketing initiatives. And it does so, simply and affordably in one bundled platform. By leveraging our technology packages in concert with strategic alliances such as International Mortgage Plus, Homes.com and Realtor.com, we are able to deliver business systems and Broker Management Softwares that create a sustainable, competitive advantage in todays's marketplace. Our goal is to open 1,000 new franchises.