Coldwell Banker vs Howard Hanna Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Coldwell Banker vs Howard Hanna Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$23,500 - $70,100 | $55,000 - $248,500 |
Franchise Fee |
$13,000 - $25,000 | $25,000 |
Royalty Fee |
6% | - |
Advertising Fee |
2% | - |
Year Founded |
1906 | 2010 |
Year Franchised |
1982 | 2010 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
Varies | - |
Business Experience Requirements |
Experience |
Industry experience | - |
Financing Options |
|
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 |
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 |
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.
#278 in Franchise 500 for 2021. Not in Franchise 500 for 2021.
About Howard Hanna Real Estate
Howard Hanna Real Estate Services is the #1 family-owned and -operated independent broker in the U.S.A. The full-service real estate company has more than 300 real estate, mortgage, insurance, title and escrow service offices across 10 states, with more than 11,000 sales associates and staff, including many of the industry’s top-producing real estate agents.
Utilize Howard Hanna Real Estate Services' exclusive, trademarked real estate marketing tools to propel
your business to the next level. Our franchising partnership offers
ongoing management support, more leads, and the opportunity for you to
fully participate in all company programs and events. Since its
inception in 1997, Howard Hanna Real Estate Services has taken pride in truly being different
by design. We invite you to explore the Howard Hanna difference to
decide if it’s the right fit for you.