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Updated RecentlyERA Franchise Systems LLC vs Exit Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Exit 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 | $66,000 - $217,000 |
| 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 | 1977 |
| Year Franchised | 1972 | 1977 |
| 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 | - | 1 week training at Exit International offices located in Toronto |
| 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 | Yes |
| International Expansion | 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 Exit Realty
Top Production is Necessary to be the Best in the Business. Those who want this find the EXIT formula of residuals and specialized training irresistible. The ULTIMATE Answer is . . . RESIDUALS!EXIT Realty is revolutionizing the real estate industry with our three dimensional concept of taking listings, making sales and sponsoring. Now you can EXIT conventional real estate and open the door to unlimited income potential by using the EXIT Formula's single-level residual system. If you've ever dreamed of owning your own real estate franchise, you owe it to yourself to find out why EXIT Realty is Growing!