Real Estate One vs Red Carpet Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
Real Estate One Franchise
Red Carpet Real Estate Franchise
Investment $20,000 - $80,000$36,000
Franchise Fee $13,000 - $18,000$9,500
Royalty Fee -5%
Advertising Fee -0.5%
Year Founded -1966
Year Franchised -1970
Term Of Agreement -5 years +7or10
Term Of Agreement -5 years +7or10
Renewal Fee --


Business Experience Requirements

 
Real Estate One Franchise
Red Carpet Real Estate Franchise
Experience --

Financing Options

 
Real Estate One Franchise
Red Carpet Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Real Estate One Franchise
Red Carpet Real Estate Franchise
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

 
Real Estate One Franchise
Red Carpet Real Estate Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Real Estate One

 

Real Estate One was the first company to have multiple offices, to create homes books, to initiate a computerized MLS, and to host Open Houses. Real Estate One also offers a better search experience for buyers with our highly rated Michigan Real Estate Search app. Real Estate One has been acknowledged on the national real estate circuit as leaders who report and educate the experts on today’s housing market.

Our franchising division has been helping brokers realize their potential through name recognition while allowing them to maintain local control. Real Estate One is the largest company in Michigan and the nation's 10th largest real estate services provider in the United States and the 19th largest real estate broker in the United States. We are dedicated to providing our franchisees with the latest in tools and resources necessary for today's market while sharing the benefit of our research and market knowledge. Real Estate One continues to grow in strength and recognition across the country.Many of the modern marketing tools that are used across the country were started right here at Real Estate One.

"The reason our companies have survived economic downturns and market crashes is due to our constant will to innovate and adopt new strategies and technologies.” - Dan Elsea, founder.

About Red Carpet Real Estate

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.