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Below is an in-depth analysis and side-by-side comparison of Rapid Realty vs Realty ONE Group including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $90,000 - $150,000 | $44,250 - $222,500 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 2% |
Advertising Fee | - | - |
Year Founded | - | 2005 |
Year Franchised | - | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal 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 | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training 144 hours Classroom Training 28 hours Additional Training Affiliate coaching program, ongoing regional and virtual workshops |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 3 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.