Corcoran vs SVN Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Corcoran vs SVN including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$52,850 - $520,500 | $23,160 - $121,350 |
Franchise Fee |
$35,000 | $22,500 - $27,500 |
Royalty Fee |
6% | 5% |
Advertising Fee |
0.5%-1% | - |
Year Founded |
2015 | 2001 |
Year Franchised |
2019 | 2002 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About Corcoran
Since 1973, the agents of Corcoran have been earning and keeping our clients’ trust with an unwavering commitment to integrity and service. In every market we serve, Corcoran is a family of world-class professionals, combining real estate expertise with unrivaled market knowledge and neighborhood fluency.
The total investment necessary to begin operation of a Corcoran®
franchise is approximately $52,850 to $333,200 for a conversion real
estate office, and $134,350 to $520,500 for a start-up real estate
office. This includes $5,000 to $35,000 that must be paid to the
franchisor or an affiliate as an initial franchise fee. The initial
franchise fee for a residential conversion or start-up franchise is
$35,000 for the Main Office and $10,000 for each additional Branch
Office.
About SVN
SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is comprised of over 1,600 commercial real estate Advisors and staff, in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographical coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities.
In the crowded commercial real estate field,
SVN Advisors stand apart. The SVN Difference directly relates to SVN's Core Covenants which emphasize accountability, transparency, fairness and collaboration. Through specialty Product Councils and other international programs, SVN Advisors can tap into national expertise in areas such as sales, leasing, tenant representation, corporate real estate, asset management, property management accelerated marketing, asset recovery and auction services. As the SVN Advisor base expands, SVNIC continues to invest in an innovative infrastructure that provides access to market information, client management and marketing tools and systems through a revolutionary cloud-based enterprise system.
The total investment necessary to begin operation of a new SVN
Franchised Business is between $25,160 and $121,350. This amount
includes an Initial Franchise Fee of $22,500 for the Team Program or
$27,500 for the Established Program that must be paid to the Franchisor
or its affiliates.
The total investment necessary to begin operation of a
conversion SVN Franchised Business is between $23,160 and $84,150. This
includes an Initial Franchise Fee that must be paid to SVNIC of $22,500
for the Team Program or $27,500 for the Established Program that must
be paid to the Franchisor or its affiliates.
A conversion SVN Franchised
Business is an existing commercial real estate services business that
converts to an SVN Franchise and operates under the Marks and System
established by SVNIC.