Coldwell Banker vs Joe Homebuyer Franchise Comparison

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

Start-Up Costs and Fees
 
Coldwell Banker Franchise
Joe Homebuyer Franchise
Investment $23,500 - $70,100$51,000 - $372,000
Franchise Fee $13,000 - $25,000$30,000 - $90,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19062019
Year Franchised 19822019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee Varies-


Business Experience Requirements
 
Coldwell Banker Franchise
Joe Homebuyer Franchise
Experience
  • Industry experience
    		• -

    Financing Options
     
    Coldwell Banker Franchise
    Joe Homebuyer 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
    Joe Homebuyer 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
    Joe Homebuyer Franchise
    US Expansion -Yes
    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 Joe Homebuyer

    "Joe

    Joe Homebuyer is a turnkey real estate acquisition franchise. Our franchisees operate their businesses to provide real estate solutions by buying, fixing, and wholesaling residential properties. With or without prior real estate experience, we will guide you through the entire process from marketing to close.
    Joe Homebuyer provides win-win creative solutions for homeowners who would benefit from a quick, no hassle cash offer.
    As a Joe Homebuyer franchisee you will oversee your business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property and managing your business’s KPI’s.
    A Joe Homebuyer franchise is a very low overhead and low employee-based business.