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Updated RecentlyRE/MAX vs Corcoran Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of RE/MAX vs Corcoran 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 | $52,850 - $520,500 |
| Franchise Fee | $17,500 - $37,500 | $35,000 |
| Royalty Fee | varies | 6% |
| Advertising Fee | varies | 0.5%-1% |
| Year Founded | 1973 | 2015 |
| Year Franchised | 1975 | 2019 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| 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 | - |
| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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.
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#9 in Canada's Top franchises.
#40 in Franchise 500 for 2020.
#187 in Franchise 500 for 2021.About Corcoran
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Since 1973, the agents of Corcoran have been earning and keeping our clients’ trust with an unwavering commitment to integrity and service. In every market we serve, Corcoran is a family of world-class professionals, combining real estate expertise with unrivaled market knowledge and neighborhood fluency.
The total investment necessary to begin operation of a Corcoran®
franchise is approximately $52,850 to $333,200 for a conversion real
estate office, and $134,350 to $520,500 for a start-up real estate
office. This includes $5,000 to $35,000 that must be paid to the
franchisor or an affiliate as an initial franchise fee. The initial
franchise fee for a residential conversion or start-up franchise is
$35,000 for the Main Office and $10,000 for each additional Branch
Office.