Commission Express vs Realty ONE Group Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Commission Express vs Realty ONE Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,800 - $301,500 | $44,250 - $222,500 |
Franchise Fee |
$15,000 - $60,000 | $25,000 |
Royalty Fee |
Varies | 2% |
Advertising Fee |
- | - |
Year Founded |
1992 | 2005 |
Year Franchised |
1996 | 2012 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-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 |
Training |
- | On-The-Job Training 144 hours
Classroom Training 28 hours
Additional Training Affiliate coaching program, ongoing regional and virtual workshops
|
Support |
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates
National Media
Regional Advertising
Social media
SEO
Website development
Email marketing
Loyalty program/app
|
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) | Number of Employees Required to Run: 3 |
Expansion Plans |
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 Realty ONE Group
Realty ONE is franchising across the nation, opening doors for entrepreneurs every day! Join us as we continue to paint the nation gold, shake the real estate industry to its core, and give you the tools to empower your business to take it to the next level.
Realty ONE Group is redefining the real estate industry by offering unmatched support, leading technology, a 100% commission model and an innovative COOLTURE. We are painting the globe gold and have expanded to more than 150+ locations in the world. We are on the search for the next Rockstar to join our ONE family!
Seeking new franchise units worldwide.
#92 in Franchise 500 for 2020.
#40 in Franchise 500 for 2021.