Weichert Real Estate vs Sperry Commercial Global Affiliates Franchise Comparison

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

Start-Up Costs and Fees
 
Weichert Real Estate Franchise
Sperry Commercial Global Affiliates Franchise
Investment $62,500 - $324,700$12,300 - $176,500
Franchise Fee $25,000$2,500 - $5,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19692014
Year Franchised 20002016
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements
 
Weichert Real Estate Franchise
Sperry Commercial Global Affiliates Franchise
Experience --

Financing Options
 
Weichert Real Estate Franchise
Sperry Commercial Global Affiliates 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
Sperry Commercial Global Affiliates 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)

-

Expansion Plans
 
Weichert Real Estate Franchise
Sperry Commercial Global Affiliates Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion NoYes

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 Sperry Commercial Global Affiliates

"Sperry

Sperry CGA understands that in order to achieve the highest level of success for our clients, we must be able to effectively and efficiently manage their diverse and complex needs. To do so requires cutting edge communication and marketing tools, technologies that provide up-to-date research, information and management in real-time, training and education programs for our Associates, and a global network of Affiliates that work cooperatively both internally and externally within the commercial real estate industry.
Why Join Sperry CGA?
  • The principals of this new organization are industry leaders with proven track records in the commercial brokerage industry.
  • Industry’s most value-based Franchise Platform.
  • Available to the at-home broker and small, medium, and large brokerage offices
  • Cutting-Edge Business & Marketing Tools.
  • Intranet & Web based transaction management with predictive workflows, Cloud-based storage, and Brokerage Management Tools.
  • Experience Real-time Communication with a growing Global Network.
  • Exclusive Agent Training & Development Programs.
  • Collaborative team environment.
Network Affiliation
Each Sperry Commercial Global Network Affiliate is:
  • Independently owned and operated.
  • Carefully selected and committed to advancing the Mission and Vision of the trusted Sperry Brand.
  • Offers a full range of commercial real estate services to local, regional, and international clients.
  • Offers comprehensive market knowledge and multiple property type specializations.
  • Able to meet the diverse and specific needs of its clients on an international level.