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Below is an in-depth analysis and side-by-side comparison of Coldwell Banker vs Remerica 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 | $23,500 - $70,100 | $20,000 - $100,000 |
Franchise Fee | $13,000 - $25,000 | $10,000 |
Royalty Fee | 6% | - |
Advertising Fee | 2% | - |
Year Founded | 1906 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
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/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Ongoing training at other locations & via the Internet | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
27% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Remerica was created by real estate people for real estate people. We are an organization currently experiencing tremendous growth and ideally suited to provide the opportunity for your career advancement. We are nurturing our company's growth through a selection of quality agents. We are looking for people that possess initiative and have the entrepreneurial drive to succeed... because their success and our company's success go hand in hand.
We encourage independence and play a significant role in helping our agents realize personal and career goals. We'll even teach you how to manage your investments properly. You will have the wealth and security of becoming an independent Remerica Franchise owner.