Coldwell Banker vs Rapid Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Coldwell Banker Franchise
Rapid Realty Franchise
Investment $23,500 - $70,100$90,000 - $150,000
Franchise Fee $13,000 - $25,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 1906-
Year Franchised 1982-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Varies-


Business Experience Requirements

 
Coldwell Banker Franchise
Rapid Realty Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    Coldwell Banker Franchise
    Rapid Realty Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/Yes-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Coldwell Banker Franchise
    Rapid Realty 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
    Rapid Realty Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Rapid Realty

    As a RapidRealty franchisee, you’ll be joining a diverse team of energetic entrepreneurs in a company with a truly one-of-a-kind culture. In an industry where professionals are often seen as overly slick and hyper-competitive, RapidRealty promotes a fun environment where people are encouraged to work together. Our unique assembly-line style approach to real estate and our emphasis on training make it easy for new agents to get started in the business. Many agents land a deal within their first week on the job. But more than that, it rewards agents for working together to use their individual talents to help our clients find - and get approved for - the perfect home.