Commission Express vs Remerica Real Estate Franchise Comparison

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

Start-Up Costs and Fees
 
Commission Express Franchise
Remerica Real Estate Franchise
Investment $112,800 - $301,500$20,000 - $100,000
Franchise Fee $15,000 - $60,000$10,000
Royalty Fee Varies-
Advertising Fee --
Year Founded 1992-
Year Franchised 1996-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Commission Express Franchise
Remerica Real Estate Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Commission Express Franchise
    Remerica Real Estate Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Commission Express Franchise
    Remerica Real Estate 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
    Remerica Real Estate Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Remerica Real Estate

    Remerica was created by real estate people for real estate people. We are an organization currently experiencing tremendous growth and ideally suited to provide the opportunity for your career advancement. We are nurturing our company's growth through a selection of quality agents. We are looking for people that possess initiative and have the entrepreneurial drive to succeed... because their success and our company's success go hand in hand.

    We encourage independence and play a significant role in helping our agents realize personal and career goals. We'll even teach you how to manage your investments properly. You will have the wealth and security of becoming an independent Remerica Franchise owner.