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Updated RecentlyWeichert Real Estate vs Exit Realty Florida Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Exit Realty Florida 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 | $61,000 - $210,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% | $295/mo. |
| Advertising Fee | 2% | - |
| Year Founded | 1969 | - |
| Year Franchised | 2000 | - |
| Term Of Agreement | 7 years | 5 years |
| Term Of Agreement | 7 years | 5 years |
| Renewal Fee | $1K | $2,500 |
Business Experience Requirements |
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| Experience | - | Determined by applicants credit, financial position and experience owning and or operations of a business. |
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) | 1 week training at Exit International offices located in Toronto Canada * Monthly training programs delivered electronically and by internationally renowned speakers. |
| 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 | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Weichert Real Estate
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About Exit Realty Florida
Exit Realty Florida is a U.S Regional franchise territory. The Exit Realty Business model has its unique business model that allows the agents to earn additional income from recruiting agents into any office across the country.