Keller Williams Realty vs Advance Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Keller Williams Realty vs Advance Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$183,447 - $336,495 | $55,600 - $129,000 |
Franchise Fee |
$35,000 | $17,500 |
Royalty Fee |
6% | 1.75% |
Advertising Fee |
1,000/year | - |
Year Founded |
1983 | 2001 |
Year Franchised |
1987 | 2005 |
Term Of Agreement |
5 years | 5 years |
Term Of Agreement |
5 years | 5 years |
Renewal Fee |
$2.5K | $1,750 |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | No/Yes |
Start-up Costs |
No/No | No/Yes |
Equipment |
No/No | No/Yes |
Inventory |
No/No | No/Yes |
Receivables |
No/No | No/No |
Payroll |
No/No | No/No |
Training & Support |
Training |
Ongoing country-wide | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
Marketing |
Regional advertising | - |
Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3
- 4
Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | No |
International Expansion |
Yes | No |
Company Overviews
About Keller Williams Realty
As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.
#47 in Franchise 500 for 2020.
#107 in Franchise 500 for 2021.
About Advance Realty
The Advance Realty system was designed from the beginning to be the most technologically advanced, efficient, cost effective, flexible, scalable and successful real estate model in the industry. The concept is easy to understand and the value is immediately recognizable.
Give your top agents the commissions they want and still maintain profitability.
Entrepreneur Magazine's 100 Fastest Growing Franchises, Entrepreneur Magazine's 'Franchise 500', Real Trends 'Top 500 Largest Brokers in US', Franchise Times 'The Next 100 Top Franchises', Smart CEO 'Fastest Growing Company', RisMedia 'Top 500 Power Brokers',
Realtor Magazine 'Emerging Player', Smart CEO 'Top Technology Company'
Our steady growth in the best and worst of markets proves that no other brand can duplicate the success of Advance Realty USA.
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland.