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Updated RecentlyNational Home Buyers Assistance vs ERA Franchise Systems LLC Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance 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 | $100,000 - $200,000 | $27,350 - $432,550 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | Varies | 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 | 2001 | 1971 |
| Year Franchised | 2003 | 1972 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | $5K | - |
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, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Ad slicks, National media, Regional advertising | Ad slicks, National media, Regional advertising |
| 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) |
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 | 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 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.