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Updated RecentlySimplySold Real Estate vs LakePlace.com Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SimplySold Real Estate vs LakePlace.com 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 | $75,300 - $187,900 | $16,000 - $114,900 |
| Franchise Fee | $12,500 - $25,000 | $10,000 |
| Royalty Fee | Varies | 10% |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2015 |
| Year Franchised | 2006 | 2015 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| 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 LakePlace.com Realty
!["LakePlacecom]("https://fddexchange.com/wp-content/uploads/2020/10/LakePlace.com-2.jpg")
LakePlace.com® real estate brokerage businesses are full-service real
estate brokerages that specialize in brokering the purchase,rental and sale of
lake or other water-related properties through the LakePlace.com® web
site.
The total
investment necessary to convert an existing real estate brokerage
business to a LakePlace.com®Business is from $16,000 to $33,000.
The total investment necessary to begin operation of a new LakePlace.com® Business is from $50,800 to $114,500.