| ||||
Updated RecentlyKeller Williams Realty vs Joe Homebuyer Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Keller Williams Realty vs Joe Homebuyer including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $183,447 - $336,495 | $51,000 - $372,000 |
| Franchise Fee | $35,000 | $30,000 - $90,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 1,000/year | - |
| Year Founded | 1983 | 2019 |
| Year Franchised | 1987 | 2019 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $2.5K | - |
Business Experience Requirements |
||
| Experience | - | |
Financing Options |
||
| In-House/3rd Party | In-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 |
||
| 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 |
||
| 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]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
#47 in Franchise 500 for 2020.
#107 in Franchise 500 for 2021.
About Joe Homebuyer
!["Joe]("https://fddexchange.com/wp-content/uploads/2020/08/Joe-Homebuyer.png")
Joe Homebuyer is a turnkey real estate acquisition franchise. Our
franchisees operate their businesses to provide real estate solutions by
buying, fixing, and wholesaling residential properties. With or without
prior real estate experience, we will guide you through the entire
process from marketing to close.
Joe Homebuyer provides win-win creative
solutions for homeowners who would benefit from a quick, no hassle cash
offer.
As a Joe Homebuyer franchisee you will oversee your business’s general
operations including executing your marketing plan, approving budgets,
meeting with sellers, determining the best exit strategy for each
property and managing your business’s KPI’s.
A Joe Homebuyer franchise
is a very low overhead and low employee-based business.