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Updated RecentlyAvalar Real Estate & Mortgage Network vs Weichert Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Weichert Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $31,000 - $315,500 | $62,500 - $324,700 |
| Franchise Fee | $4,400 - $12,500 | $25,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1999 | 1969 |
| Year Franchised | 1999 | 2000 |
| Term Of Agreement | 5 years | 7 years |
| Term Of Agreement | 5 years | 7 years |
| Renewal Fee | - | $1K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | No/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | - | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
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Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Company Overviews
About Avalar Real Estate & Mortgage Network
See http://dev.thefranchisemall.com/admin/listings/stats.asp?ListingID=10894
Avalar is specifically designed to benefit real estate and loan professionals through our trademarked Path to Success system.
Avalar offers groundbreaking opportunities in office development through innovative recruiting and retention programs attracting top-producing agents wherever real estate is sold or mortgages are originated.
Avalar’s primary focus is to create an agent-driven environment that empowers its workforce through independence and long-term financial stability.
About Weichert Real Estate
Weichert, Realtors opened in 1969 with a single office. Jim Weichert opened his first real estate office in Chatham, New Jersey, He began franchising in 2000, and today the company is
based in Morris Plains, New.Jersey. Franchisees help customers buy and
sell both residential and commercial real estate, and streamline the
delivery of mortgages and home and title insurance.
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#285 in Franchise 500 for 2020.
#337 in Franchise 500 for 2021.