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Updated RecentlyNational Home Buyers Assistance vs Weichert Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance 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 | $100,000 - $200,000 | $62,500 - $324,700 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | Varies | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 2001 | 1969 |
| Year Franchised | 2003 | 2000 |
| Term Of Agreement | 10 years | 7 years |
| Term Of Agreement | 10 years | 7 years |
| Renewal Fee | $5K | $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, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations |
Franchise can be run from home.
Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is allowed. (75% 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 | Yes | No |
Company Overviews
About National Home Buyers Assistance
NHBA turns today's renters into tomorrow's homeowners through a franchise network of America's top real estate investment professionals. NHBA offers a great investment opportunity combined with an excellent franchise system. NHBA's goal is to expand its operations to all 50 states and selected international markets and anticipates that its franchise system will include some 10,000 franchises worldwide - many of whom will be successful brokers, Realtors, mortgage brokers, home builders and investors.
About Weichert Real Estate
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