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Updated RecentlyBetter Homes Realty vs HomeGate Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs HomeGate Real Estate 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 | $3,500 - $10,000 |
| Franchise Fee | $9,950 | N/A |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1964 | 2017 |
| Year Franchised | 1975 | 2017 |
| 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 | At Headquarters By Video Online By Phone |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support |
| 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) | Business can be added on to an existing business. |
Expansion Plans |
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| US Expansion | Yes | 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 HomeGate Real Estate
Always Honesty, Integrity, and Trust
HomeGate Real Estate® is an innovative, cloud-based brokerage.
Join Our Nationwide Expansion. Open An Office In Your Market Today!
Our unique structure gives our REALTORS® the opportunity to create residual income through retirement.