Weichert Real Estate vs Counselor Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs Counselor Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$62,500 - $324,700 | $24,350 - $105,700 |
Franchise Fee |
$25,000 | $7,500 - $15,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
1969 | 2002 |
Year Franchised |
2000 | 2002 |
Term Of Agreement |
7 years | - |
Term Of Agreement |
7 years | - |
Renewal Fee |
$1K | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
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 |
US Expansion |
Yes | 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.
#285 in Franchise 500 for 2020.
#337 in Franchise 500 for 2021.
About Counselor Realty
At Counselor Realty, we are proud to offer you an outstanding career
opportunity�"owning your own business in the exciting and important real
estate industry, providing consumers with superior selling and marketing
services, and enjoying the benefits of a superb franchise company.
Counselor
Realty is recognized as a trusted name synonymous with experience and
success. We are looking to award franchises to a select group of highly
qualified individuals. You might be among them. Essentially, we're
looking for outgoing, energetic individuals with outstanding people
skills, superb sales talents and superior customer-service abilities.
You should display exceptional maturity, sound judgment and stability,
and possess the highest qualities of excellence, honesty, and integrity.
Whether
you are an existing real estate broker or agent, or desire to be one,
owning or becoming a part of a Counselor Realty franchise could be the
career opportunity you've been looking for.
Counselor Realty
has offices across the metro area plus an office in St. Cloud. We have
franchises in Alexandria, Bemidji, Brainerd, Detroit Lakes, Glenwood,
Rochester, Victoria�"and we are growing.