Commission Express vs Crye-Leike Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Commission Express vs Crye-Leike including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Commission Express Franchise
Crye-Leike Franchise
Investment $112,800 - $301,500$59,100 - $160,300
Franchise Fee $15,000 - $60,000$13,500 - $25,000
Royalty Fee Varies6%
Advertising Fee --
Year Founded 19921976
Year Franchised 19961999
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -10% of initial fee


Business Experience Requirements
 
Commission Express Franchise
Crye-Leike Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Commission Express Franchise
    Crye-Leike Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/No
    Equipment No/NoNo/No
    Inventory No/NoNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Commission Express Franchise
    Crye-Leike Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Commission Express Franchise
    Crye-Leike Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About Commission Express

    John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992. With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees.
    Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.

    The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small territory), $25,000 (for a medium territory) or $50,000 (for a large territory) that must be paid to the franchisor.
    The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be paid to the franchisor.



    About Crye-Leike

    As a full service real estate company since 1976, Crye-Leike offers real estate and related services, including: relocation services; commercial business and investment real estate services; property leasing and management services; insurance services; title & closing services; mortgage services; home warranty services; home services; auction services; business brokerage services; REO services for bank-owned & foreclosed properties and real estate schools.
    The Crye-Leike has grown to be a brand to be reckoned with among real estate brands.