Commission Express vs Joe Homebuyer Franchise Comparison

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.

Joe Homebuyer is a turnkey real estate acquisition franchise. Our franchisees operate their businesses to provide real estate solutions by buying, fixing, and wholesaling residential properties. With or without prior real estate experience, we will guide you through the entire process from marketing to close.

Joe Homebuyer provides win-win creative solutions for homeowners who would benefit from a quick, no hassle cash offer.

As a Joe Homebuyer franchisee you will oversee your business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property and managing your business’s KPI’s.

A Joe Homebuyer franchise is a very low overhead and low employee-based business.