Weichert Real Estate vs Tucker Associates Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Tucker Associates Franchise
Investment $62,500 - $324,700$125,000 - $250,000
Franchise Fee $25,000N/A
Royalty Fee 6%6%
Advertising Fee 2%-
Year Founded 19691918
Year Franchised 20001989
Term Of Agreement 7 years6 Years+5
Term Of Agreement 7 years6 Years+5
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
Tucker Associates Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
Tucker Associates 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

 
Weichert Real Estate Franchise
Tucker Associates Franchise
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) Indianapolis, IN 2 Weeks
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet PlatformCentral Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Franchisee Newsletter

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

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)

Average Number of Employees: 1-2 Full-time, 3 Part-time

Passive Ownership: Allowed, But Discouraged


Expansion Plans

 
Weichert Real Estate Franchise
Tucker Associates Franchise
US Expansion YesYes
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 Tucker Associates

Real estate franchisor for the State of Indiana, offering marketing, recruiting, training and relocation leads for franchisees. Number one company in Indiana and named # 10 brand name of independently owned companies.
With over 1,500 agents statewide and over $3.2 billion in sales, Tucker Associates is the largest independent real estate firm in Indiana and is ranked among the largest independent real estate firms in the nation.