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Updated RecentlyColdwell Banker vs Global Choice Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coldwell Banker vs Global Choice Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $23,500 - $70,100 | $39,900 - $188,000 |
| Franchise Fee | $13,000 - $25,000 | $14,500 |
| Royalty Fee | 6% | Flat fee of $795 per month |
| Advertising Fee | 2% | - |
| Year Founded | 1906 | 2004 |
| Year Franchised | 1982 | 2005 |
| Term Of Agreement | 10 years | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | Varies | 25% 0f then current fran. 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/Yes | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/Yes | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | Ongoing training at other locations & via the Internet | - |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Ad slicks, National media, Regional advertising | - |
| Operations |
27% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | No |
| International Expansion | Yes | No |
Company Overviews
About Coldwell Banker
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About Global Choice Real Estate
NO LONGER FRANCHISING
Global Choice Real Estate is an across the nation diversified organization and as another franchisee, you can depend on us for the most extreme in Broker/Owner client administration and care. Our association with you would guarantee that you are given quality frameworks that are ideal in operation (and simple to execute); present day office sites and individual specialist sites; cutting edge, simple to utilize web based administration bookkeeping programs; in addition to considerably more! In particular are the enduring companionships made through this contact and proceeded with support in the interest of our franchisees to guarantee that you and your business thrive with achievement!
For Agents; Global Choice Real Estate has executed a liberal income sharing arrangement for proprietors, and a liberal benefit sharing arrangement for Sales Associates.
Our Sales Associates can prepare to be Managers inside the organization, and work towards Executive Managers too.
With Global Choice Real Estate, you have the chance to manufacture a business profession, and acquire boundless lingering wage!
Our vision is to construct a business that helps our operators and franchisees develop by and by and monetarily by giving the most extreme preparing and support.