Rapid Realty vs 1st Class Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rapid Realty vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Rapid Realty Franchise
1st Class Real Estate Franchise
Investment $90,000 - $150,000$14,420 - $209,475
Franchise Fee N/A$5,000 - $25,000
Royalty Fee --
Advertising Fee --
Year Founded -2012
Year Franchised -2018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Rapid Realty Franchise
1st Class Real Estate Franchise
Experience --

Financing Options
 
Rapid Realty Franchise
1st Class Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/-Yes/-
Start-up Costs -/-Yes/-
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Rapid Realty Franchise
1st Class Real Estate Franchise
Training - Classroom Training: 16 hours Additional Training: Virtual training
Support - Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations - Number of Employees Required to Run: 3

Expansion Plans
 
Rapid Realty Franchise
1st Class Real Estate Franchise
US Expansion --
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 1st Class Real Estate

"1st

1st Class Real Estate is a full-service real estate company that desires to help YOU grow your business! Like everyone else we offer competitive splits & support; however, it is our culture that sets us apart from the rest! We’ve made it possible for you to grow your business with a team of individuals without breaking the bank!

The total investment necessary to begin operation of a 1st Class Real Estate Full-Service Model is $55,870- $209,475.
This includes $25,950 that must be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
This includes $5,950 that must be paid to the franchisor or affiliate.

Seeking new franchise units in the following regions/states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia and Wyoming