Commission Express vs Counselor Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Commission Express vs Counselor Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,800 - $301,500 | $24,350 - $105,700 |
Franchise Fee |
$15,000 - $60,000 | $7,500 - $15,000 |
Royalty Fee |
Varies | - |
Advertising Fee |
- | - |
Year Founded |
1992 | 2002 |
Year Franchised |
1996 | 2002 |
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 |
- | - |
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 |
US Expansion |
- | Yes |
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 Counselor Realty
At Counselor Realty, we are proud to offer you an outstanding career
opportunity�"owning your own business in the exciting and important real
estate industry, providing consumers with superior selling and marketing
services, and enjoying the benefits of a superb franchise company.
Counselor
Realty is recognized as a trusted name synonymous with experience and
success. We are looking to award franchises to a select group of highly
qualified individuals. You might be among them. Essentially, we're
looking for outgoing, energetic individuals with outstanding people
skills, superb sales talents and superior customer-service abilities.
You should display exceptional maturity, sound judgment and stability,
and possess the highest qualities of excellence, honesty, and integrity.
Whether
you are an existing real estate broker or agent, or desire to be one,
owning or becoming a part of a Counselor Realty franchise could be the
career opportunity you've been looking for.
Counselor Realty
has offices across the metro area plus an office in St. Cloud. We have
franchises in Alexandria, Bemidji, Brainerd, Detroit Lakes, Glenwood,
Rochester, Victoria�"and we are growing.