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Updated RecentlyCommission Express vs SVN Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Commission Express vs SVN including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,800 - $301,500 | $23,160 - $121,350 |
| Franchise Fee | $15,000 - $60,000 | $22,500 - $27,500 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | - | - |
| Year Founded | 1992 | 2001 |
| Year Franchised | 1996 | 2002 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| 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 |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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.
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 SVN
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SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is comprised of over 1,600 commercial real estate Advisors and staff, in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographical coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities.
In the crowded commercial real estate field,
SVN Advisors stand apart. The SVN Difference directly relates to SVN's Core Covenants which emphasize accountability, transparency, fairness and collaboration. Through specialty Product Councils and other international programs, SVN Advisors can tap into national expertise in areas such as sales, leasing, tenant representation, corporate real estate, asset management, property management accelerated marketing, asset recovery and auction services. As the SVN Advisor base expands, SVNIC continues to invest in an innovative infrastructure that provides access to market information, client management and marketing tools and systems through a revolutionary cloud-based enterprise system.
The total investment necessary to begin operation of a new SVN Franchised Business is between $25,160 and $121,350. This amount includes an Initial Franchise Fee of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
The total investment necessary to begin operation of a
conversion SVN Franchised Business is between $23,160 and $84,150. This
includes an Initial Franchise Fee that must be paid to SVNIC of $22,500
for the Team Program or $27,500 for the Established Program that must
be paid to the Franchisor or its affiliates.
A conversion SVN Franchised
Business is an existing commercial real estate services business that
converts to an SVN Franchise and operates under the Marks and System
established by SVNIC.