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Updated RecentlyBetter Homes Realty vs Berkshire Hathaway HomeServices Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs Berkshire Hathaway HomeServices 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 | - |
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 Berkshire Hathaway HomeServices
Berkshire Hathaway is the flagship conglomerate of Warren Buffett, nicknamed the "Oracle of Omaha" for his decades-long run of beating the returns of benchmark stock indexes with his investments. With Buffett's blessing, Berkshire Hathaway has been rolled out as a real estate brand.