Weichert Real Estate vs Homes & Land Magazine Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Homes & Land Magazine including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Homes & Land Magazine Franchise
Investment $62,500 - $324,700$45,500 - $114,000
Franchise Fee $25,000$27,000
Royalty Fee 6%10.5%
Advertising Fee 2%-
Year Founded 19691973
Year Franchised 20001984
Term Of Agreement 7 years10 years
Term Of Agreement 7 years10 years
Renewal Fee $1K5000


Business Experience Requirements

 
Weichert Real Estate Franchise
Homes & Land Magazine Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
Homes & Land Magazine Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoNo/Yes
Start-up Costs No/NoNo/No
Equipment No/NoNo/No
Inventory No/NoNo/No
Receivables No/NoNo/No
Payroll No/NoNo/No

Training & Support

 
Weichert Real Estate Franchise
Homes & Land Magazine Franchise
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising National Media Regional Advertising Social media Email marketing-
Operations 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)

-

Expansion Plans

 
Weichert Real Estate Franchise
Homes & Land Magazine Franchise
US Expansion Yes-
Canada Expansion NoNo
International Expansion NoNo

Company Overviews

About Weichert Real Estate

Weichert, Realtors opened in 1969 with a single office. Jim Weichert opened his first real estate office in Chatham, New Jersey,  He began franchising in 2000, and today the company is based in Morris Plains, New.Jersey. Franchisees help customers buy and sell both residential and commercial real estate, and streamline the delivery of mortgages and home and title insurance.

"Entrepreneur

#285 in Franchise 500 for 2020.
#337 in Franchise 500 for 2021.


About Homes & Land Magazine

Imagine an opportunity where the only thing holding you back is drive and know-how. What if your potential earnings were tied directly to hard work and your business acumen? Homes & Land gives you the opportunity to own a business that is diverse enough for you to find your niche in the day-to-day, yet simple enough to operate with limited manpower and low overhead that yields significant gains. Whether you are a seasoned sales superstar, a marketing guru, or even an operations mastermind this opportunity will give you the personal freedom to reach your full potential.

Homes & Land Magazine covers more than 15,000 communities nationwide. Franchisees sell advertising space to brokers and agents, collect property information, take or obtain photographs and distribute the printed magazines. The company is owned by Homes & Land Publishing Ltd., which also publishes Rental Guide Magazine and Home Guide Magazine.
 
Veteran Incentives 50% off franchise fee