State Wide Real Estate vs HomeGate Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
State Wide Real Estate Franchise
HomeGate Real Estate Franchise
Investment $10,000 - $50,000$3,500 - $10,000
Franchise Fee $5,000N/A
Royalty Fee 5%-
Advertising Fee --
Year Founded 19442017
Year Franchised 19792017
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
State Wide Real Estate Franchise
HomeGate Real Estate Franchise
Experience
  • Industry experience
  • -

    Financing Options

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

    Training & Support

     
    State Wide Real Estate Franchise
    HomeGate Real Estate Franchise
    Training -At Headquarters By Video Online By Phone
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetMeetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support
    Marketing Co-op advertising, Ad slicks, Regional 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)

    Business can be added on to an existing business.

    Expansion Plans

     
    State Wide Real Estate Franchise
    HomeGate Real Estate Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About State Wide Real Estate

    Do You...

    State Wide Real Estate is looking for franchisees in Michigan.

    About HomeGate Real Estate

    Always Honesty, Integrity, and Trust
    HomeGate Real Estate® is an innovative, cloud-based brokerage. 
    Join Our Nationwide Expansion.       Open An Office In Your Market Today!
    Our unique structure gives our REALTORS® the opportunity to create residual income through retirement.