Coldwell Banker vs SimplySold Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
Coldwell Banker Franchise
SimplySold Real Estate Franchise
Investment $23,500 - $70,100$75,300 - $187,900
Franchise Fee $13,000 - $25,000$12,500 - $25,000
Royalty Fee 6%Varies
Advertising Fee 2%-
Year Founded 19062003
Year Franchised 19822006
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee Varies$5000


Business Experience Requirements

 
Coldwell Banker Franchise
SimplySold Real Estate Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Coldwell Banker Franchise
    SimplySold Real Estate Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/YesYes/No
    Start-up Costs No/NoNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Coldwell Banker Franchise
    SimplySold Real Estate Franchise
    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

     
    Coldwell Banker Franchise
    SimplySold Real Estate Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Coldwell Banker

    In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner.
    Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.

    "Womens

    #278 in Franchise 500 for 2021.   Not in Franchise 500 for 2021.


    About SimplySold Real Estate

    We are a one-stop shop concierge service that coordinates and manages residential prep services to produce a “market ready” home.