National Home Buyers Assistance vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees
 
National Home Buyers Assistance Franchise
Corcoran Franchise
Investment $100,000 - $200,000$52,850 - $520,500
Franchise Fee $30,000$35,000
Royalty Fee Varies6%
Advertising Fee -0.5%-1%
Year Founded 20012015
Year Franchised 20032019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
National Home Buyers Assistance Franchise
Corcoran Franchise
Experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    National Home Buyers Assistance Franchise
    Corcoran Franchise
      In-House/3rd PartyIn-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
     
    National Home Buyers Assistance Franchise
    Corcoran Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    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)

    		-

    Expansion Plans
     
    National Home Buyers Assistance Franchise
    Corcoran Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 Corcoran

    "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.