Weichert Real Estate vs Green Key Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Green Key Real Estate Franchise
Investment $62,500 - $324,700N/A
Franchise Fee $25,000$9,800
Royalty Fee 6%4%
Advertising Fee 2%-
Year Founded 1969-
Year Franchised 2000-
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
Green Key Real Estate Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
Green Key Real Estate 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
Green Key Real Estate 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
Green Key Real Estate 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 Green Key Real Estate

NO LONGER FRANCHISING

Observing that immaculate home is as essential to Green Key Real Estate specialists as it is to you. Together, we will skillfully explore the frequently complex universe of the private land showcase.

What makes us one of a kind and ideal for you is that our dedication comes to a long ways past the normal land purchasing process.

Why purchase with Green Key picture

The depiction variant of our land administrations goes something like this, our Green Key specialists:

Help you secure pre-endorsement for a credit with an aggressive bank (on the off chance that you as of now have a loan specialist, incredible).

Work with you to build up pursuit criteria/needs/wishes for your home.

Give you itemized postings, and organize property visits.

See potential properties with you, assessing the home or venture property from an individual and an esteem point of view.

Make a practically identical market examination of the property inside its neighborhood, with like-kind properties.

Structure and arrange a triumphant offer on your preferred home.

Manage you through the whole escrow handle, from examinations, coordination with your moneylender and escrow officer, encourage arrangement to get you the best arrangement, to at last, giving you the keys.

But then we give a lot moreā€¦