| ||||
Updated RecentlyNational Home Buyers Assistance vs Red Carpet Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Home Buyers Assistance vs Red Carpet Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $100,000 - $200,000 | $36,000 |
| Franchise Fee | $30,000 | $9,500 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | - | 0.5% |
| Year Founded | 2001 | 1966 |
| Year Franchised | 2003 | 1970 |
| Term Of Agreement | 10 years | 5 years +7or10 |
| Term Of Agreement | 10 years | 5 years +7or10 |
| Renewal Fee | $5K | - |
Business Experience Requirements |
||
| Experience | - | |
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 | - | Meetings Quarterly |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | 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) | Average Number of Employees: 5 Full-time, 0 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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 Red Carpet Real Estate
Owning a Red Carpet Real Estate franchise gives you the unique opportunity to build a real estate company with unrivaled name recognition, corporate support, and market-changing technology while maintaining that crucial entrepreneurial mindset. Red Carpet Real Estate is an organization with freedom and flexibility to offer our Broker/Owners the best opportunity to successfully recruit Sales Associates and dominate their respective real estate markets.Red Carpet Real Estate serves our members. We are committed to the professional development of all of our members. Our state of the art collateral marketing tools and technology equip our members to serve the consumer. Our powerful brand name positions us in the customers' minds, as a leader in the real estate industry. From recruiting support, agent retention, sales rallies, sales and marketing training, broker support to the latest in technology, today's real estate agents are attracted to the Red Carpet name. Our unique lead generating programs allow our offices to offer in house buyer and seller leads. Agents at Red Carpet are provided with the most up-to-date marketing focused sales training programs. We pride ourselves in the latest state-of-the-art sales tools. Due to our rapidly changing industry, it is more important than ever before to be associated with a corporation that will successfully lead you into the future. Red Carpet Real Estate has been a leader in real estate for more than 40 Years.