Commission Express vs Homes & Land Magazine Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Commission Express vs Homes & Land Magazine including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Commission Express Franchise
Homes & Land Magazine Franchise
Investment $112,800 - $301,500$45,500 - $114,000
Franchise Fee $15,000 - $60,000$27,000
Royalty Fee Varies10.5%
Advertising Fee --
Year Founded 19921973
Year Franchised 19961984
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee -5000


Business Experience Requirements
 
Commission Express Franchise
Homes & Land Magazine Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Commission Express Franchise
    Homes & Land Magazine Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Commission Express Franchise
    Homes & Land Magazine Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Commission Express Franchise
    Homes & Land Magazine Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Commission Express

    John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992. With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees.
    Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.

    The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small territory), $25,000 (for a medium territory) or $50,000 (for a large territory) that must be paid to the franchisor.
    The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be paid to the franchisor.



    About Homes & Land Magazine

    Imagine an opportunity where the only thing holding you back is drive and know-how. What if your potential earnings were tied directly to hard work and your business acumen? Homes & Land gives you the opportunity to own a business that is diverse enough for you to find your niche in the day-to-day, yet simple enough to operate with limited manpower and low overhead that yields significant gains. Whether you are a seasoned sales superstar, a marketing guru, or even an operations mastermind this opportunity will give you the personal freedom to reach your full potential.

    Homes & Land Magazine covers more than 15,000 communities nationwide. Franchisees sell advertising space to brokers and agents, collect property information, take or obtain photographs and distribute the printed magazines. The company is owned by Homes & Land Publishing Ltd., which also publishes Rental Guide Magazine and Home Guide Magazine.
     
    Veteran Incentives 50% off franchise fee