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Below is an in-depth analysis and side-by-side comparison of RE/MAX vs Tucker Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $42,000 - $284,000 | $125,000 - $250,000 |
Franchise Fee | $17,500 - $37,500 | N/A |
Royalty Fee | varies | 6% |
Advertising Fee | varies | - |
Year Founded | 1973 | 1918 |
Year Franchised | 1975 | 1989 |
Term Of Agreement | 5 years | 6 Years+5 |
Term Of Agreement | 5 years | 6 Years+5 |
Renewal Fee | Varies | - |
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/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Semi-annual convention and conference | Indianapolis, IN 2 Weeks |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |