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Updated RecentlyLakePlace.com Realty vs REALean Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LakePlace.com Realty vs REALean including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $16,000 - $114,900 | $24,710 - $40,220 |
| Franchise Fee | $10,000 | $19,900 |
| Royalty Fee | 10% | 2.5% |
| Advertising Fee | - | - |
| Year Founded | 2015 | 2012 |
| Year Franchised | 2015 | 2017 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | Classroom Training: 12 hours |
| Support | - | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection |
| Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About LakePlace.com Realty
!["LakePlacecom]("https://fddexchange.com/wp-content/uploads/2020/10/LakePlace.com-2.jpg")
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.
About REALean
![""]("https://fddexchange.com/wp-content/uploads/2020/11/REALean.jpg")
REALean offers franchises to qualified individuals and entities to own and
operate a REALean real estate brokerage featuring their innovative
commission structures.
REALean: the next generation real estate brokerage franchise.
Full service REAL estate with Lean costs to home sellers.
4% listing fees, 3% if there is not a buyer's agent.