National Home Buyers Assistance vs Commission Express Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance vs Commission Express including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
National Home Buyers Assistance Franchise
Commission Express Franchise
Investment $100,000 - $200,000$112,800 - $301,500
Franchise Fee $30,000$15,000 - $60,000
Royalty Fee VariesVaries
Advertising Fee --
Year Founded 20011992
Year Franchised 20031996
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K-


Business Experience Requirements
 
National Home Buyers Assistance Franchise
Commission Express Franchise
Experience
  • General business experience
  • Marketing skills

  • General business experience
    		•

    Financing Options
     
    National Home Buyers Assistance Franchise
    Commission Express Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    National Home Buyers Assistance Franchise
    Commission Express Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
    Marketing Ad slicks, National media, Regional advertisingCo-op 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)

    		 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    National Home Buyers Assistance Franchise
    Commission Express Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesYes

    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 Commission Express

    John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992. With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees.
    Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.

    The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small territory), $25,000 (for a medium territory) or $50,000 (for a large territory) that must be paid to the franchisor.
    The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be paid to the franchisor.