Weichert Real Estate vs @properties Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
@properties Franchise
Investment $62,500 - $324,700$95,350 - $295,000
Franchise Fee $25,000$35,000
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19692020
Year Franchised 20002020
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
@properties Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
@properties 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
@properties 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
@properties 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 @properties

""

We founded @properties on the belief that it could inspire.
Today we believe it more than ever.
We are a real estate company that has inspired thousands, and we’re excited to share some inspiration with you.
There’s a lot of talk about what makes one real estate franchise better than the next. Most of it is just that…talk.
But @properties provides real, tangible solutions that benefit broker-partners and agents in innumerable ways