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Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Solid Source Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $62,500 - $324,700 | $100,000 - And Up |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1969 | 2003 |
Year Franchised | 2000 | 2005 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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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 |
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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 |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Solid Source Realty is a veteran woman-owned independent real estate
company that opened in the metro Atlanta market with one agent in 2003.
Within five years, the firm expanded to over 2,000 real estate agents,
eight office locations and was recognized as the #95 Fastest Growing
Privately Held Firm in the nation by INC. Magazine. This extraordinary
growth was achieved organically by consistently identifying new ways to
enhance the client and agent experience.