Weichert Real Estate vs Open2View.com Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Open2View.com including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Open2View.com Franchise
Investment $62,500 - $324,700$4,000 - $322,001
Franchise Fee $25,000$4,000 - $135,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19692006
Year Franchised 20002006
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
Open2View.com Franchise
Experience -Enthusiasm and commitment to providing exceptional service. Previous photography or sales experience is an advantage but not necessary as Open2view provides a full franchise training programme.

Financing Options

 
Weichert Real Estate Franchise
Open2View.com Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Weichert Real Estate Franchise
Open2View.com 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)

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Expansion Plans

 
Weichert Real Estate Franchise
Open2View.com Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

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 Open2View.com

The Open2view Real Estate website and Professional Real Estate Photographic service is now on offer and growing fast in the US.Open2view.com has been delivering photographic and Virtual tour services to Real Estate professionals for several years. Open2view.com has developed exclusive tools and systems that have enabled our business owners to dominate Real Estate Photography in their geographical areas in both New Zealand and Australia. The Open2view.com website clearly delivers unbelievable value to any Real Estate marketing program.Open2view.com is currently one of the most trafficked Real Estate websites in New Zealand and growing rapidly in Australia. Our operators are some of the best Real Estate photographers in the country and take huge pride in their work. This guarantees the best quality Real Estate content anywhere in the world. Owning an Open2view.com Franchise will not only provide an opportunity for you to capitalize on our proven systems but also the chance for you to personally excel in this exciting industry. This is a ground floor opportunity to become personally involved in one of the most exciting business combinations ever offered, the internet and real estate. Opportunities are now available to acquire State Master Franchises as well as Area and Photographer Franchises in the states we are now operating in the US.