Keller Williams Realty vs SellSmart Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
Keller Williams Realty Franchise
SellSmart Real Estate Franchise
Investment $183,447 - $336,495$23,500 - $53,600
Franchise Fee $35,000$14,950
Royalty Fee 6%6%
Advertising Fee 1,000/year-
Year Founded 19832001
Year Franchised 19872004
Term Of Agreement 5 years5 years
Term Of Agreement 5 years5 years
Renewal Fee $2.5K$500


Business Experience Requirements

 
Keller Williams Realty Franchise
SellSmart Real Estate Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • -

    Financing Options

     
    Keller Williams Realty Franchise
    SellSmart Real Estate Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Keller Williams Realty Franchise
    SellSmart Real Estate Franchise
    Training Ongoing country-wide* Available at headquarters: 3 days

    * Regional seminars: 1-3 days

    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)

    * 20% of all franchisees own more than one unit

    * Number of employees needed to run franchised unit: 2 - 3

    * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)


    Expansion Plans

     
    Keller Williams Realty Franchise
    SellSmart Real Estate Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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.

    "Entrepreneur

    #47 in Franchise 500 for 2020.
    #107 in Franchise 500 for 2021.


    About SellSmart Real Estate

    NO LONGER FRANCHISING

    New land plans of action and innovation giving customer access to data is changing the land business for Brokers, Salespersons and Mortgage Lenders. A late overview showed that around 70% of buyers expressed that they needed a markdown charge structure without bargaining the administration that an accomplished representative may offer. SellSmart® is on focus with the reply - a far reaching framework to fulfill the desires of today's customer. Educated shoppers are the main impetus behind industry changes. Today's insightful shopper knows there are a greater number of alternatives accessible than the customary land financier firms. As home costs have far outpaced the shopper cost file, dispatched dealers who increment their overall revenues without offering extra esteem and administration to the customer are off guard for obtaining new postings. Actually, with expanded online access to data, shoppers wind up performing a significant number of the ventures themselves. Generally perceived for its purchaser driven plan of action, SellSmart gives home venders proficient mastery all through the whole cycle of home offering, and the BuySmart® program offers purchaser administrations and motivating forces. SellSmart is gaining by the market proficiency and monetary advantages that are accessible through online media by passing those reserve funds onto the shopper.