Global Choice Real Estate vs Corcoran Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Global Choice Real Estate vs Corcoran including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Global Choice Real Estate Franchise
Corcoran Franchise
Investment $39,900 - $188,000$52,850 - $520,500
Franchise Fee $14,500$35,000
Royalty Fee Flat fee of $795 per month6%
Advertising Fee -0.5%-1%
Year Founded 20042015
Year Franchised 20052019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 25% 0f then current fran. fee-


Business Experience Requirements
 
Global Choice Real Estate Franchise
Corcoran Franchise
Experience --

Financing Options
 
Global Choice Real Estate Franchise
Corcoran Franchise
  In-House/3rd PartyIn-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
 
Global Choice Real Estate Franchise
Corcoran Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Global Choice Real Estate Franchise
Corcoran Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About Global Choice Real Estate

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.

About Corcoran

"Corcoran

Since 1973, the agents of Corcoran have been earning and keeping our clients’ trust with an unwavering commitment to integrity and service. In every market we serve,  Corcoran is a family of world-class professionals, combining real estate expertise with unrivaled market knowledge and neighborhood fluency.

The total investment necessary to begin operation of a Corcoran® franchise is approximately $52,850 to $333,200 for a conversion real estate office, and $134,350 to $520,500 for a start-up real estate office. This includes $5,000 to $35,000 that must be paid to the franchisor or an affiliate as an initial franchise fee. The initial franchise fee for a residential conversion or start-up franchise is $35,000 for the Main Office and $10,000 for each additional Branch Office.