ERA Franchise Systems LLC vs Benham Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Benham Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ERA Franchise Systems LLC Franchise
Benham Real Estate Franchise
Investment $27,350 - $432,550$11,800
Franchise Fee $25,000$6,500
Royalty Fee 6% of gross revenue$195/transaction
Advertising Fee 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)-
Year Founded 19712004
Year Franchised 19722007
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -$2500


Business Experience Requirements
 
ERA Franchise Systems LLC Franchise
Benham Real Estate Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    ERA Franchise Systems LLC Franchise
    Benham Real Estate Franchise
      In-House/3rd PartyIn-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
     
    ERA Franchise Systems LLC Franchise
    Benham Real Estate Franchise
    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
     
    ERA Franchise Systems LLC Franchise
    Benham Real Estate Franchise
    US Expansion --
    Canada Expansion No-
    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 Benham Real Estate

    The BenhamREO Group was founded in 2003 to meet the demanding needs of today’s rapidly expanding, fast-paced REO Industry. Leaders in REO property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an outsourcing opportunity to liquidate their foreclosed properties on the retail market.