RE/MAX vs Renters Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
RE/MAX Franchise
Renters Warehouse Franchise
Investment $42,000 - $284,000$14,819 - $50,405
Franchise Fee $17,500 - $37,500$1,000 - $10,000
Royalty Fee varies4.5%
Advertising Fee varies-
Year Founded 19732007
Year Franchised 19752011
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee Varies-


Business Experience Requirements
 
RE/MAX Franchise
Renters Warehouse Franchise
Experience -

Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

Financing Options
 
RE/MAX Franchise
Renters Warehouse 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
Renters Warehouse Franchise
Training Semi-annual convention and conference

Available at headquarters: 5 days. At franchisee's location: 2 days.
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives

Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Ad slicks, National media, Regional advertising

Co-op advertising, 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
Renters Warehouse Franchise
US Expansion -Yes
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 Renters Warehouse

The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!

Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.

We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.