| ||||
Updated RecentlyRealty Direct vs Red Carpet Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Realty Direct vs Red Carpet Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $39,600 - $67,700 | $36,000 |
| Franchise Fee | $19,900 | $9,500 |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 0.25% | 0.5% |
| Year Founded | 2001 | 1966 |
| Year Franchised | 2003 | 1970 |
| Term Of Agreement | 6 years | 5 years +7or10 |
| Term Of Agreement | 6 years | 5 years +7or10 |
| Renewal Fee | $2K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
||
| Training | - | Meetings Quarterly |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Purchasing cooperatives | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op advertising, National media | - |
| Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | Average Number of Employees: 5 Full-time, 0 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Realty Direct
Realty Direct was created by recognized leading entrepreneurs in real estate. Tip Powers, CEO, has a continuous and consistent track record of building businesses that provide a win-win for all involved. The Powers management team is formed by top industry executives in Real Estate, Technology and Consulting. That approach of experience, technology innovators and being able to educate clients on options in the ever changing real estate market is the power solution for all clients. Outstanding service to our clients is the result we achieve. Our focus as leading industry experts is on: 1. Strong and Consistent Training Programs for All Agents using Online Learning Tools and Live Webinars Weekly 2. Technology Savvy Innovations to Provide Clients Exceptional Marketing Venues as well as Help clients Looking to Find Properties from Many Sources 3. Education for our Clients and Customers on Topics that Interest them in our Monthly Client "Need to Know" Sessions 4. Electronic Management of Transactions to Reduce Inefficiencies and Increase Effectiveness 5. Comprehensive Service Offering so our Clients Find the Process as Simple as Possible What we are achieving: 1. Over 3 Billion in Sales! 2. Top 500 Franchises Nationwide -" Entrepreneur Magazine 2006 and 2008 3. Top Real Estate Brokerage Franchises in 2011 -" Realtor Magazine 4. High Customer Satisfaction Rating for over 15 Years! 5. Comprehensive Service Offering so our Clients Find the Process as Simple as Possible Work with Realty Direct today and enjoy the experience!
About Red Carpet Real Estate
Owning a Red Carpet Real Estate franchise gives you the unique opportunity to build a real estate company with unrivaled name recognition, corporate support, and market-changing technology while maintaining that crucial entrepreneurial mindset. Red Carpet Real Estate is an organization with freedom and flexibility to offer our Broker/Owners the best opportunity to successfully recruit Sales Associates and dominate their respective real estate markets.Red Carpet Real Estate serves our members. We are committed to the professional development of all of our members. Our state of the art collateral marketing tools and technology equip our members to serve the consumer. Our powerful brand name positions us in the customers' minds, as a leader in the real estate industry. From recruiting support, agent retention, sales rallies, sales and marketing training, broker support to the latest in technology, today's real estate agents are attracted to the Red Carpet name. Our unique lead generating programs allow our offices to offer in house buyer and seller leads. Agents at Red Carpet are provided with the most up-to-date marketing focused sales training programs. We pride ourselves in the latest state-of-the-art sales tools. Due to our rapidly changing industry, it is more important than ever before to be associated with a corporation that will successfully lead you into the future. Red Carpet Real Estate has been a leader in real estate for more than 40 Years.