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Updated RecentlyState Wide Real Estate vs Benham Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of State Wide Real Estate vs Benham Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $10,000 - $50,000 | $11,800 |
| Franchise Fee | $5,000 | $6,500 |
| Royalty Fee | 5% | $195/transaction |
| Advertising Fee | - | - |
| Year Founded | 1944 | 2004 |
| Year Franchised | 1979 | 2007 |
| Term Of Agreement | 5 years | 10 years |
| Term Of Agreement | 5 years | 10 years |
| Renewal Fee | - | $2500 |
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 | No/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, Grand opening, Internet | - |
| Marketing | Co-op advertising, Ad slicks, 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) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About State Wide Real Estate
Do You...
- Want to make more money?
- Have professional problem solvers to call?
- Want to be a part of a large MICHIGAN network?
- Use a State-of-the-Art web site for your listings?
- Get actual response from the internet?
- Get outside training for your agent?
- Want to be a part of a franchise that has been in Michigan since 1945?
About Benham Real Estate
The BenhamREO Group was founded in 2003 to meet the demanding needs of
today’s rapidly expanding, fast-paced REO Industry. Leaders in REO
property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an
outsourcing opportunity to liquidate their foreclosed properties on the
retail market.