Coldwell Banker vs Renters Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
Coldwell Banker Franchise
Renters Warehouse Franchise
Investment $23,500 - $70,100$14,819 - $50,405
Franchise Fee $13,000 - $25,000$1,000 - $10,000
Royalty Fee 6%4.5%
Advertising Fee 2%-
Year Founded 19062007
Year Franchised 19822011
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee Varies-


Business Experience Requirements
 
Coldwell Banker Franchise
Renters Warehouse Franchise
Experience
  • Industry experience

    • Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

    Financing Options
     
    Coldwell Banker Franchise
    Renters Warehouse Franchise
      In-House/3rd PartyIn-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
     
    Coldwell Banker Franchise
    Renters Warehouse Franchise
    Training Ongoing training at other locations & via the Internet

    Available at headquarters: 5 days. At franchisee's location: 2 days.
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations

    Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
    Marketing Ad slicks, National media, Regional advertising

    Co-op advertising, National media, Regional advertising,
    Operations 27% of all franchisees own more than one unit

    Absentee ownership of franchise is NOT allowed.

    		-

    Expansion Plans
     
    Coldwell Banker Franchise
    Renters Warehouse Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    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.


    About Renters Warehouse

    The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!

    Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.

    We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.