State Wide Real Estate vs Coldwell Banker Franchise Comparison

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

Start-Up Costs and Fees

 
State Wide Real Estate Franchise
Coldwell Banker Franchise
Investment $10,000 - $50,000$23,500 - $70,100
Franchise Fee $5,000$13,000 - $25,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 19441906
Year Franchised 19791982
Term Of Agreement 5 years10 years
Term Of Agreement 5 years10 years
Renewal Fee -Varies


Business Experience Requirements

 
State Wide Real Estate Franchise
Coldwell Banker Franchise
Experience
  • Industry experience

  • Industry experience

  • Financing Options

     
    State Wide Real Estate Franchise
    Coldwell Banker Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/NoYes/Yes
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/Yes
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    State Wide Real Estate Franchise
    Coldwell Banker Franchise
    Training -Ongoing training at other locations & via the Internet
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, InternetNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations
    Marketing Co-op advertising, Ad slicks, Regional advertisingAd slicks, National media, Regional advertising
    Operations 3% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2 - 10

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    27% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.


    Expansion Plans

     
    State Wide Real Estate Franchise
    Coldwell Banker Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoYes

    Company Overviews

    About State Wide Real Estate

    Do You...

    State Wide Real Estate is looking for franchisees in Michigan.

    About Coldwell Banker

    In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner.
    Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.

    "Womens

    #278 in Franchise 500 for 2021.   Not in Franchise 500 for 2021.