Commission Express vs LampPost Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Commission Express Franchise
LampPost Realty Franchise
Investment $112,800 - $301,500$43,500 - $78,500
Franchise Fee $15,000 - $60,000$9,500 - $12,500
Royalty Fee Varies5%
Advertising Fee -1%
Year Founded 1992-
Year Franchised 1996-
Term Of Agreement 10 years10 years+10+10
Term Of Agreement 10 years10 years+10+10
Renewal Fee --


Business Experience Requirements

 
Commission Express Franchise
LampPost Realty Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Commission Express Franchise
    LampPost Realty 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
    LampPost Realty 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
    LampPost Realty 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 LampPost Realty

    THIS IS NOT A FRANCHISE OPPORTUNITY. THIS IS A BUSINESS OPPORTUNITY THAT HIRES AGENTS

    Our slogan, Buyers Win! Sellers Win! Agents Win!® is the foundation of LampPost Realty®'s business model. We believe in a win/win business philosophy for all parties involved in a real estate transaction and we strive to provide our clients and agents with exceptional service and value in all aspects of our business.

    Buyers Win!

    As your Buyer's Agent, LampPost Realty can make the process of house hunting much easier and more efficient than if you did it all yourself. We guide you to local neighborhoods, help you determine your budget and prioritize a list of essential features that you need in your next home. We'll save you valuable time by finding the properties that best suit your requirements and will show you only the most promising ones.

    Agents Win!

    LampPost Realty® agents receive a significant number of leads and receive excellent commission splits. We hire only the best people, expect a lot from you and do our best to provide you with the tools you need to be successful. We’re currently looking for experienced agents in our Wilmington, NC office who thrive in a dynamic environment, driven to provide unparalleled customer service and comfortable with the use of technology. If this describes you, contact us for a confidential interview.

    For agents with other firms in the Wilmington NC area, our co-brokering commission splits offer you market driven compensation. LampPost Realty want to do business with you and hope you’ll take the time to find out more about us, who we are and how we operate. We are a firm of high integrity and professional ethics. Your dealings with us will consistently reflect this commitment.

    For agents (must be brokers) outside of the Wilmington, NC area, opportunities exist to own and operate your own LampPost Realty® office pursuant to a license agreement with LampPost Realty Corporation.