Avalar Real Estate & Mortgage Network vs Corcoran Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Corcoran including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$31,000 - $315,500 | $52,850 - $520,500 |
Franchise Fee |
$4,400 - $12,500 | $35,000 |
Royalty Fee |
5% | 6% |
Advertising Fee |
- | 0.5%-1% |
Year Founded |
1999 | 2015 |
Year Franchised |
1999 | 2019 |
Term Of Agreement |
5 years | - |
Term Of Agreement |
5 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience Marketing skills | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | - |
Marketing |
- | - |
Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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 Corcoran
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.