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Below is an in-depth analysis and side-by-side comparison of Royal LePage vs Flat Rate Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 | $42,500 - $125,000 |
Franchise Fee | N/A | $10,000 |
Royalty Fee | - | $500 |
Advertising Fee | - | - |
Year Founded | 1913 | 2004 |
Year Franchised | 1995 | 2006 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | $1000 |
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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Royal LePage is the fastest growing real estate franchisor in Canada. Royal LePage offers its franchisees leading-edge technology, training, products and services to compete effectively in the real estate industry.
Flat Rate Realty is leading the real estate revolution.
Gone are the high percentage buyer and seller commission rates.
Instead, Flat Rate Realty charges as little as 1% to list a home in the MLS, and offers home-buyers cash rebate’s on the buyer’s agent commission at closing.