Century 21 vs RE/MAX Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Century 21 vs RE/MAX including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Century 21 Franchise
RE/MAX Franchise
Investment $24,700 - $451,350$42,000 - $284,000
Franchise Fee $12,500 - $25,000$17,500 - $37,500
Royalty Fee 6%varies
Advertising Fee 2%varies
Year Founded 19711973
Year Franchised 19721975
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -Varies


Business Experience Requirements
 
Century 21 Franchise
RE/MAX Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Century 21 Franchise
    RE/MAX Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/YesYes/No
    Start-up Costs No/NoNo/No
    Equipment No/YesNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Century 21 Franchise
    RE/MAX Franchise
    Training -Semi-annual convention and conference
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, National media, Regional advertisingAd slicks, National media, Regional advertising
    Operations

    Absentee ownership of franchise is NOT allowed.

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is allowed.

    Expansion Plans
     
    Century 21 Franchise
    RE/MAX Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    Company Overviews

    About Century 21

    When you become part of the CENTURY 21® System, you’ll have the flexibility and entrepreneurial opportunity of being independently owned and operated along with the brand presence and buying power of the world’s most iconic real estate brand. 
     
    • Global Exposure
    • Comprehensive Training
    • In-Market Support
    • World-Class Marketing
    • The Scale and Buying Power of a Global Partner
     
    According to the 2013 National Association of REALTORS® Profile of Real Estate Firms, those real estate firms affiliated with a franchise report an 87% boost in name recognition, an 85% increase in enhanced use of technology, and an 83% improvement in acquiring listings. 
     
    Find out what more than 8,000 independently owned and operated franchise brokers across 80 countries and territories already know. The CENTURY 21 System is the most recognized real estate company as chosen by consumers from a list of real estate agencies.*
     
    The CENTURY 21 System is accepting franchise applications in key markets for individuals that are interested in setting a new standard of service, quality, and commitment.

    The total investment necessary to begin operation of a CENTURY 21 franchise is approximately $24,700 to $264,050 for a conversion real estate office, and $106,200 to $451,350 for a start-up real estate office. This includes $0 to $25,000 that must be paid to the franchisor or its affiliate. The standard initial franchise fee for a residential franchise is $25,000 for the first office and $10,000 for each additional office.

    Veteran Incentives Franchise fee waived

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    "franchiserankingscom"
    #80 on Franchise Rankings.com
    #362 in Franchise 500 for 2021.  Not in Franchise 500 for 2020.






    About RE/MAX

    RE/MAX was established in 1973 by Dave and Gail Liniger, with a creative, entrepreneurial culture managing its operators and franchisees the adaptability to work their organizations with extraordinary autonomy. More than 110,000 specialists give RE/MAX a worldwide reach in more than 100 nations and regions. No one offers more land than RE/MAX when measured by private exchange sides. RE/MAX, LLC, one of the world's driving franchisors of land financier administrations, is an entirely claimed backup of RMCO, LLC, which is controlled and overseen by RE/MAX Holdings, Inc. (NYSE:RMAX). With an energy for the groups in which its specialists live and work, RE/MAX is glad to have raised more than $150 million for Children's Miracle Network Hospitals® and different foundations.

    "Top     ""     "Entrepreneur
    #9 in Canada's Top franchises.
    #40 in Franchise 500 for 2020.
    #187 in Franchise 500 for 2021.