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Updated RecentlyAvalar Real Estate & Mortgage Network vs ERA Franchise Systems LLC Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs ERA Franchise Systems LLC 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 | $27,350 - $432,550 |
| Franchise Fee | $4,400 - $12,500 | $25,000 |
| Royalty Fee | 5% | 6% of gross revenue |
| Advertising Fee | - | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) |
| Year Founded | 1999 | 1971 |
| Year Franchised | 1999 | 1972 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | - |
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 | Yes/No |
| Start-up Costs | No/No | Yes/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 | - | - |
| Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | - | Ad slicks, National media, Regional advertising |
| Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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| US Expansion | - | - |
| 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 ERA Franchise Systems LLC
Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.