Better Homes Realty vs Flat Rate Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Better Homes Realty Franchise
Flat Rate Realty Franchise
Investment $61,500$42,500 - $125,000
Franchise Fee $9,950$10,000
Royalty Fee Varies$500
Advertising Fee --
Year Founded 19642004
Year Franchised 19752006
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee -$1000


Business Experience Requirements

 
Better Homes Realty Franchise
Flat Rate Realty Franchise
Experience --

Financing Options

 
Better Homes Realty Franchise
Flat Rate Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/NoNo/No
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Better Homes Realty Franchise
Flat Rate Realty Franchise
Training Available at headquarters, Available at franchisee's location-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet-
Marketing Co-op advertising, Ad slicks-
Operations 10% of all franchisees own more than one unit

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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Expansion Plans

 
Better Homes Realty Franchise
Flat Rate Realty Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Better Homes Realty

In 1964 a group of independent real estate brokerage offices in the Walnut Creek, California, area came together to do business as Better Homes Realty. The company began adding offices throughout Contra Costa County, California, and in 1975 Better Homes Realty obtained a franchise license to expand the concept in California. The company has been franchising nationally since 1981.

About Flat Rate Realty

Flat Rate Realty is leading the real estate revolution.
Gone are the high percentage buyer and seller commission rates.
Instead, Flat Rate Realty charges as little as 1% to list a home in the MLS, and offers home-buyers cash rebate’s on the buyer’s agent commission at closing.