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Updated RecentlyERA Franchise Systems LLC vs Keller Williams Realty - Market Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Keller Williams Realty - Market Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $27,350 - $432,550 | $32,100 - $336,995 |
| Franchise Fee | $25,000 | $5,000 - $36,947 |
| 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 | 2020 |
| Year Franchised | 1972 | 2020 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Keller Williams Realty - Market Center
!["Keller]("https://fddexchange.com/wp-content/uploads/2020/08/Keller-Williams.png")
Keller Williams Realty has developed a distinctive business system that involves
the delivery of real estate brokerage services and other services
through Keller Williams Realty - Market Centers. They offer the right to develop and operate Market Centers in specific Awarded Areas. They have authorized third parties to act as
their Regional Representatives in specific regions.
The total investment necessary to begin operation of a Keller Williams Realty Market Center
ranges between $183,947 and $336,995. This includes $36,947 that must be
paid to the franchisor. If you sign a Business Center Addendum to the
franchise agreement, the total investment necessary to begin operation
of a Business Center ranges between $32,100 to $91,150. This includes
$5,000 that must be paid to the franchisor.