Keller Williams Realty vs Rapid Realty Franchise Comparison

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

Start-Up Costs and Fees
 
Keller Williams Realty Franchise
Rapid Realty Franchise
Investment $183,447 - $336,495$90,000 - $150,000
Franchise Fee $35,000N/A
Royalty Fee 6%-
Advertising Fee 1,000/year-
Year Founded 1983-
Year Franchised 1987-
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $2.5K-


Business Experience Requirements
 
Keller Williams Realty Franchise
Rapid Realty Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
    		• -

    Financing Options
     
    Keller Williams Realty Franchise
    Rapid Realty 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
    Rapid Realty Franchise
    Training Ongoing country-wide-
    Support Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations-
    Marketing 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
    Rapid Realty Franchise
    US Expansion --
    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 Rapid Realty

    As a RapidRealty franchisee, you’ll be joining a diverse team of energetic entrepreneurs in a company with a truly one-of-a-kind culture. In an industry where professionals are often seen as overly slick and hyper-competitive, RapidRealty promotes a fun environment where people are encouraged to work together. Our unique assembly-line style approach to real estate and our emphasis on training make it easy for new agents to get started in the business. Many agents land a deal within their first week on the job. But more than that, it rewards agents for working together to use their individual talents to help our clients find - and get approved for - the perfect home.