Corcoran vs LakePlace.com Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Corcoran Franchise
LakePlace.com Realty Franchise
Investment $52,850 - $520,500$16,000 - $114,900
Franchise Fee $35,000$10,000
Royalty Fee 6%10%
Advertising Fee 0.5%-1%-
Year Founded 20152015
Year Franchised 20192015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Corcoran Franchise
LakePlace.com Realty Franchise
Experience --

Financing Options

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

Training & Support

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

Expansion Plans

 
Corcoran Franchise
LakePlace.com Realty Franchise
US Expansion YesYes
Canada Expansion --
International Expansion Yes-

Company Overviews

About Corcoran

"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 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.