| ||||
Updated RecentlyBetter Homes Realty vs Real Estate One Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs Real Estate One including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $61,500 | $20,000 - $80,000 |
| Franchise Fee | $9,950 | $13,000 - $18,000 |
| 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 |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
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 Real Estate One
Real Estate One was the first company to have multiple offices, to create homes books, to initiate a computerized MLS, and to host Open Houses. Real Estate One also offers a better search experience for buyers with our highly rated Michigan Real Estate Search app. Real Estate One has been acknowledged on the national real estate circuit as leaders who report and educate the experts on today’s housing market.
Our franchising division has been helping brokers realize their potential through name recognition while allowing them to maintain local control. Real Estate One is the largest company in Michigan and the nation's 10th largest real estate services provider in the United States and the 19th largest real estate broker in the United States. We are dedicated to providing our franchisees with the latest in tools and resources necessary for today's market while sharing the benefit of our research and market knowledge. Real Estate One continues to grow in strength and recognition across the country.Many of the modern marketing tools that are used across the country were started right here at Real Estate One.
"The reason our companies have survived economic downturns and market crashes is due to our constant will to innovate and adopt new strategies and technologies.” - Dan Elsea, founder.