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Updated RecentlyREALean vs Sotheby's International Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of REALean vs Sotheby's International Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $24,710 - $40,220 | $40,650 - $472,800 |
| Franchise Fee | $19,900 | $25,000 |
| Royalty Fee | 2.5% | - |
| Advertising Fee | - | - |
| Year Founded | 2012 | 2004 |
| Year Franchised | 2017 | 2007 |
| 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 | Yes |
Company Overviews
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.
About Sotheby's International Realty
!["Sothebys]("https://fddexchange.com/wp-content/uploads/2019/01/Sothebys-International-Realty-Affiliates-300x154.png")
.
!["Inspire"]("https://img.gtsstatic.net/reno/imagereader.aspx?imageurl=https%3A%2F%2Fbeta.sothebysrealty.com%2Fresources%2Fsiteresources%2Fmy%20folder%2Fhugeimages%2FInspire.png&option=N&permitphotoenlargement=false&w=640")
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.