Rapid Realty vs LakePlace.com Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Rapid Realty Franchise
LakePlace.com Realty Franchise
Investment $90,000 - $150,000$16,000 - $114,900
Franchise Fee N/A$10,000
Royalty Fee -10%
Advertising Fee --
Year Founded -2015
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Rapid Realty Franchise
LakePlace.com Realty Franchise
Experience --

Financing Options

 
Rapid Realty Franchise
LakePlace.com Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Rapid Realty Franchise
LakePlace.com Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Rapid Realty Franchise
LakePlace.com Realty Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

About LakePlace.com Realty

"LakePlacecom

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.