RE/MAX vs Benham Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
RE/MAX Franchise
Benham Real Estate Franchise
Investment $42,000 - $284,000$11,800
Franchise Fee $17,500 - $37,500$6,500
Royalty Fee varies$195/transaction
Advertising Fee varies-
Year Founded 19732004
Year Franchised 19752007
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee Varies$2500


Business Experience Requirements

 
RE/MAX Franchise
Benham Real Estate Franchise
Experience --

Financing Options

 
RE/MAX Franchise
Benham Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
RE/MAX Franchise
Benham Real Estate Franchise
Training Semi-annual convention and conference-
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives-
Marketing Ad slicks, National media, Regional advertising-
Operations

Number of employees needed to run franchised unit: 2

Absentee ownership of franchise is allowed.

-

Expansion Plans

 
RE/MAX Franchise
Benham Real Estate Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

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.



About Benham Real Estate

The BenhamREO Group was founded in 2003 to meet the demanding needs of today’s rapidly expanding, fast-paced REO Industry. Leaders in REO property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an outsourcing opportunity to liquidate their foreclosed properties on the retail market.