Better Homes Realty vs Benham Real Estate Franchise Comparison

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

Start-Up Costs and Fees
 
Better Homes Realty Franchise
Benham Real Estate Franchise
Investment $61,500$11,800
Franchise Fee $9,950$6,500
Royalty Fee Varies$195/transaction
Advertising Fee --
Year Founded 19642004
Year Franchised 19752007
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -$2500


Business Experience Requirements
 
Better Homes Realty Franchise
Benham Real Estate Franchise
Experience --

Financing Options
 
Better Homes Realty Franchise
Benham Real Estate Franchise
  In-House/3rd PartyIn-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
 
Better Homes Realty Franchise
Benham Real Estate 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
Benham Real Estate Franchise
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 Benham Real Estate

The BenhamREO Group was founded in 2003 to meet the demanding needs of today’s rapidly expanding, fast-paced REO Industry. Leaders in REO property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an outsourcing opportunity to liquidate their foreclosed properties on the retail market.