State Wide Real Estate vs Keller Williams Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of State Wide Real Estate vs Keller Williams Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
State Wide Real Estate Franchise
Keller Williams Realty Franchise
Investment $10,000 - $50,000$183,447 - $336,495
Franchise Fee $5,000$35,000
Royalty Fee 5%6%
Advertising Fee -1,000/year
Year Founded 19441983
Year Franchised 19791987
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee -$2.5K


Business Experience Requirements

 
State Wide Real Estate Franchise
Keller Williams Realty Franchise
Experience
  • Industry experience

  • Industry experience
  • General business experience
  • Marketing skills

  • Financing Options

     
    State Wide Real Estate Franchise
    Keller Williams Realty Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    State Wide Real Estate Franchise
    Keller Williams Realty Franchise
    Training -Ongoing country-wide
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetNewsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, Regional advertisingRegional advertising
    Operations 3% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)


    Expansion Plans

     
    State Wide Real Estate Franchise
    Keller Williams Realty Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About State Wide Real Estate

    Do You...

    State Wide Real Estate is looking for franchisees in Michigan.

    About Keller Williams Realty

    As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.

    "Entrepreneur

    #47 in Franchise 500 for 2020.
    #107 in Franchise 500 for 2021.