SimplySold Real Estate vs Rapid Realty Franchise Comparison

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

Start-Up Costs and Fees

 
SimplySold Real Estate Franchise
Rapid Realty Franchise
Investment $75,300 - $187,900$90,000 - $150,000
Franchise Fee $12,500 - $25,000N/A
Royalty Fee Varies-
Advertising Fee --
Year Founded 2003-
Year Franchised 2006-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $5000-


Business Experience Requirements

 
SimplySold Real Estate Franchise
Rapid Realty Franchise
Experience --

Financing Options

 
SimplySold Real Estate Franchise
Rapid Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
SimplySold Real Estate Franchise
Rapid Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
SimplySold Real Estate Franchise
Rapid Realty Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About SimplySold Real Estate

We are a one-stop shop concierge service that coordinates and manages residential prep services to produce a “market ready” home.

About Rapid Realty

As a RapidRealty franchisee, you’ll be joining a diverse team of energetic entrepreneurs in a company with a truly one-of-a-kind culture. In an industry where professionals are often seen as overly slick and hyper-competitive, RapidRealty promotes a fun environment where people are encouraged to work together. Our unique assembly-line style approach to real estate and our emphasis on training make it easy for new agents to get started in the business. Many agents land a deal within their first week on the job. But more than that, it rewards agents for working together to use their individual talents to help our clients find - and get approved for - the perfect home.