ERA Franchise Systems LLC vs GMAC Real Estate Services Franchise Comparison

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

Start-Up Costs and Fees

 
ERA Franchise Systems LLC Franchise
GMAC Real Estate Services Franchise
Investment $27,350 - $432,550N/A
Franchise Fee $25,000N/A
Royalty Fee 6% of gross revenue-
Advertising Fee 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)-
Year Founded 1971-
Year Franchised 1972-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements

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

    Financing Options

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

    Training & Support

     
    ERA Franchise Systems LLC Franchise
    GMAC Real Estate Services 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
    GMAC Real Estate Services Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    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 GMAC Real Estate Services