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Updated RecentlyBetter Homes Realty vs Joe Homebuyer Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs Joe Homebuyer 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 | $51,000 - $372,000 |
| Franchise Fee | $9,950 | $30,000 - $90,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1964 | 2019 |
| Year Franchised | 1975 | 2019 |
| 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 | 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 Joe Homebuyer
!["Joe]("https://fddexchange.com/wp-content/uploads/2020/08/Joe-Homebuyer.png")
Joe Homebuyer is a turnkey real estate acquisition franchise. Our
franchisees operate their businesses to provide real estate solutions by
buying, fixing, and wholesaling residential properties. With or without
prior real estate experience, we will guide you through the entire
process from marketing to close.
Joe Homebuyer provides win-win creative
solutions for homeowners who would benefit from a quick, no hassle cash
offer.
As a Joe Homebuyer franchisee you will oversee your business’s general
operations including executing your marketing plan, approving budgets,
meeting with sellers, determining the best exit strategy for each
property and managing your business’s KPI’s.
A Joe Homebuyer franchise
is a very low overhead and low employee-based business.