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Below is an in-depth analysis and side-by-side comparison of Global Choice Real Estate vs Red Carpet Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $39,900 - $188,000 | $36,000 |
Franchise Fee | $14,500 | $9,500 |
Royalty Fee | Flat fee of $795 per month | 5% |
Advertising Fee | - | 0.5% |
Year Founded | 2004 | 1966 |
Year Franchised | 2005 | 1970 |
Term Of Agreement | 5 years | 5 years +7or10 |
Term Of Agreement | 5 years | 5 years +7or10 |
Renewal Fee | 25% 0f then current fran. 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 | - | Meetings Quarterly |
Support | - | Field Training Franchisee Newsletter Regional or National Meetings |
Marketing | - | - |
Operations | - | Average Number of Employees: 5 Full-time, 0 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
Global Choice Real Estate is an across the nation diversified organization and as another franchisee, you can depend on us for the most extreme in Broker/Owner client administration and care. Our association with you would guarantee that you are given quality frameworks that are ideal in operation (and simple to execute); present day office sites and individual specialist sites; cutting edge, simple to utilize web based administration bookkeeping programs; in addition to considerably more! In particular are the enduring companionships made through this contact and proceeded with support in the interest of our franchisees to guarantee that you and your business thrive with achievement!
For Agents; Global Choice Real Estate has executed a liberal income sharing arrangement for proprietors, and a liberal benefit sharing arrangement for Sales Associates.
Our Sales Associates can prepare to be Managers inside the organization, and work towards Executive Managers too.
With Global Choice Real Estate, you have the chance to manufacture a business profession, and acquire boundless lingering wage!
Our vision is to construct a business that helps our operators and franchisees develop by and by and monetarily by giving the most extreme preparing and support.
Owning a Red Carpet Real Estate franchise gives you the unique opportunity to build a real estate company with unrivaled name recognition, corporate support, and market-changing technology while maintaining that crucial entrepreneurial mindset. Red Carpet Real Estate is an organization with freedom and flexibility to offer our Broker/Owners the best opportunity to successfully recruit Sales Associates and dominate their respective real estate markets.Red Carpet Real Estate serves our members. We are committed to the professional development of all of our members. Our state of the art collateral marketing tools and technology equip our members to serve the consumer. Our powerful brand name positions us in the customers' minds, as a leader in the real estate industry. From recruiting support, agent retention, sales rallies, sales and marketing training, broker support to the latest in technology, today's real estate agents are attracted to the Red Carpet name. Our unique lead generating programs allow our offices to offer in house buyer and seller leads. Agents at Red Carpet are provided with the most up-to-date marketing focused sales training programs. We pride ourselves in the latest state-of-the-art sales tools. Due to our rapidly changing industry, it is more important than ever before to be associated with a corporation that will successfully lead you into the future. Red Carpet Real Estate has been a leader in real estate for more than 40 Years.