ERA Franchise Systems LLC vs SimplySold Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs SimplySold Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
ERA Franchise Systems LLC Franchise
SimplySold Real Estate Franchise
Investment $27,350 - $432,550$75,300 - $187,900
Franchise Fee $25,000$12,500 - $25,000
Royalty Fee 6% of gross revenueVaries
Advertising Fee 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)-
Year Founded 19712003
Year Franchised 19722006
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -$5000


Business Experience Requirements

 
ERA Franchise Systems LLC Franchise
SimplySold Real Estate Franchise
Experience
  • Industry experience
  • General business experience
  • -

    Financing Options

     
    ERA Franchise Systems LLC Franchise
    SimplySold Real Estate Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/No
    Start-up Costs Yes/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    ERA Franchise Systems LLC Franchise
    SimplySold Real Estate Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Ad slicks, National media, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is NOT allowed.

    -

    Expansion Plans

     
    ERA Franchise Systems LLC Franchise
    SimplySold Real Estate Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About ERA Franchise Systems LLC

    Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

    About SimplySold Real Estate

    We are a one-stop shop concierge service that coordinates and manages residential prep services to produce a “market ready” home.