Rapid Realty vs Sotheby's International Realty Franchise Comparison

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

Start-Up Costs and Fees
 
Rapid Realty Franchise
Sotheby's International Realty Franchise
Investment $90,000 - $150,000$40,650 - $472,800
Franchise Fee N/A$25,000
Royalty Fee --
Advertising Fee --
Year Founded -2004
Year Franchised -2007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Rapid Realty Franchise
Sotheby's International Realty Franchise
Experience --

Financing Options
 
Rapid Realty Franchise
Sotheby's International Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Rapid Realty Franchise
Sotheby's International Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Rapid Realty Franchise
Sotheby's International Realty Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Sotheby's International Realty

"Sothebys.

"Inspire"

Dedicated to renewing the luxury real estate industry, Sotheby's International Realty offers born-again experiences through a global network of atypical agents.

The total investment necessary to begin operation of a Sotheby's International Realty franchise is approximately $40,650 to $285,500 for a conversion real estate office, and $122,150 to $472,800 for a start-up real estate office. This includes $$0 to $25,000 that must be paid to the franchisor or an affiliate as an initial franchise fee. The initial franchise fee for a residential franchise is $25,000 for the first Branch Office, $12,500 for the second Branch Office and $7,500 for each additional Branch Office.