Keller Williams Realty vs Renters Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
Keller Williams Realty Franchise
Renters Warehouse Franchise
Investment $183,447 - $336,495$14,819 - $50,405
Franchise Fee $35,000$1,000 - $10,000
Royalty Fee 6%4.5%
Advertising Fee 1,000/year-
Year Founded 19832007
Year Franchised 19872011
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee $2.5K-


Business Experience Requirements
 
Keller Williams Realty Franchise
Renters Warehouse Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills

    • 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
     
    Keller Williams Realty Franchise
    Renters Warehouse Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Keller Williams Realty Franchise
    Renters Warehouse Franchise
    Training Ongoing country-wide

    Available at headquarters: 5 days. At franchisee's location: 2 days.
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

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

    Co-op advertising, National media, Regional advertising,
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 4

    Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Keller Williams Realty Franchise
    Renters Warehouse Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Keller Williams Realty

    As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.

    "Entrepreneur

    #47 in Franchise 500 for 2020.
    #107 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.