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Updated RecentlyBetter Homes Realty vs LampPost Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs LampPost Realty 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 | $43,500 - $78,500 |
| Franchise Fee | $9,950 | $9,500 - $12,500 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | - | 1% |
| Year Founded | 1964 | - |
| Year Franchised | 1975 | - |
| Term Of Agreement | 5 years | 10 years+10+10 |
| Term Of Agreement | 5 years | 10 years+10+10 |
| 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 | - |
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 LampPost Realty
THIS IS NOT A FRANCHISE OPPORTUNITY. THIS IS A BUSINESS OPPORTUNITY THAT HIRES AGENTS
Our slogan, Buyers Win! Sellers Win! Agents Win!® is the foundation of LampPost Realty®'s business model. We believe in a win/win business philosophy for all parties involved in a real estate transaction and we strive to provide our clients and agents with exceptional service and value in all aspects of our business.
Buyers Win!
As your Buyer's Agent, LampPost Realty can make the process of house hunting much easier and more efficient than if you did it all yourself. We guide you to local neighborhoods, help you determine your budget and prioritize a list of essential features that you need in your next home. We'll save you valuable time by finding the properties that best suit your requirements and will show you only the most promising ones.
Agents Win!
LampPost Realty® agents receive a significant number of leads and receive excellent commission splits. We hire only the best people, expect a lot from you and do our best to provide you with the tools you need to be successful. We’re currently looking for experienced agents in our Wilmington, NC office who thrive in a dynamic environment, driven to provide unparalleled customer service and comfortable with the use of technology. If this describes you, contact us for a confidential interview.
For agents with other firms in the Wilmington NC area, our co-brokering commission splits offer you market driven compensation. LampPost Realty want to do business with you and hope you’ll take the time to find out more about us, who we are and how we operate. We are a firm of high integrity and professional ethics. Your dealings with us will consistently reflect this commitment.
For agents (must be brokers) outside of the Wilmington, NC area, opportunities exist to own and operate your own LampPost Realty® office pursuant to a license agreement with LampPost Realty Corporation.