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Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs International Realty Plus 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 | N/A |
Franchise Fee | $9,950 | N/A |
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 | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
International Realty Plus is truly the first full service Real Estate Franchisor born of the Internet Age! Our IRP franchises empower Brokers to create an automated, electronic business infrastructure that integrates their operational process with their strategic marketing initiatives. And it does so, simply and affordably in one bundled platform. By leveraging our technology packages in concert with strategic alliances such as International Mortgage Plus, Homes.com and Realtor.com, we are able to deliver business systems and Broker Management Softwares that create a sustainable, competitive advantage in todays's marketplace. Our goal is to open 1,000 new franchises.