|
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs 14 Moves including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $27,350 - $432,550 | $58,849 - $90,600 |
Franchise Fee | $25,000 | $45,000 |
Royalty Fee | 6% of gross revenue | 6% |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
Year Founded | 1971 | 1980 |
Year Franchised | 1972 | 2016 |
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.
Simple. Fast. Plug and Play. This is what Franchise Owners love about 14 Moves. 14 Moves is the first Real Estate franchise of its kind! We provide owners the ability to create their own real estate empire by using our turn-key business model; enabling Franchise Owners and their team of Real Estate agents to focus on the 20% of tasks that generate 100% revenues. Our centralized support hub is strategically placed to support a large amount of transactions and handle all the administrative and marketing support to get our owners and their team in production fast. Our Franchise Owners are not selling homes they are leading and motivating a team of Real Estate agents to help them achieve their goals. By utilizing our world-class sales training programs and partnering with existing, local broker offices 14 Moves provides our Franchise Owners with a low barrier of entry into the real estate market. There are no real estate leases or buildout, no large employee payroll, and quick ramp-up meaning our Franchise Owners get to spend more time recruiting agents and reaching their goals much sooner than the traditional brokerage model. Our concept is a simple, scalable and stress-free with incredible revenue potential.