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Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs HouseMAXX including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $61,500 | $5,000 - $50,000 |
Franchise Fee | $9,950 | $12,500 |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1964 | - |
Year Franchised | 1975 | - |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal 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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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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) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | Yes |
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.
HouseMAXX is looking for exceptional business-oriented people to become Exclusive Territory Licensee/s in expanding our International FSBO Advertising services throughout the world! Successful candidates must be entrepreneurial in approach and passionate about developing their own territory. They must have strong people skills in order to communicate the HouseMAXX message to sellers, home owners and the general public. Knowledge of the internet, real estate and an interest in photography coupled with the keen desire to help people save thousands in real estate commissions would be an asset!