Commission Express vs Global Choice Real Estate Franchise Comparison

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

Start-Up Costs and Fees

 
Commission Express Franchise
Global Choice Real Estate Franchise
Investment $112,800 - $301,500$39,900 - $188,000
Franchise Fee $15,000 - $60,000$14,500
Royalty Fee VariesFlat fee of $795 per month
Advertising Fee --
Year Founded 19922004
Year Franchised 19962005
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -25% 0f then current fran. fee


Business Experience Requirements

 
Commission Express Franchise
Global Choice Real Estate Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Commission Express Franchise
    Global Choice Real Estate 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
    Global Choice Real Estate 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
    Global Choice Real Estate 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 Global Choice Real Estate

    NO LONGER FRANCHISING

    Global Choice Real Estate is an across the nation diversified organization and as another franchisee, you can depend on us for the most extreme in Broker/Owner client administration and care. Our association with you would guarantee that you are given quality frameworks that are ideal in operation (and simple to execute); present day office sites and individual specialist sites; cutting edge, simple to utilize web based administration bookkeeping programs; in addition to considerably more! In particular are the enduring companionships made through this contact and proceeded with support in the interest of our franchisees to guarantee that you and your business thrive with achievement!

    For Agents; Global Choice Real Estate has executed a liberal income sharing arrangement for proprietors, and a liberal benefit sharing arrangement for Sales Associates.

    Our Sales Associates can prepare to be Managers inside the organization, and work towards Executive Managers too.

    With Global Choice Real Estate, you have the chance to manufacture a business profession, and acquire boundless lingering wage!

    Our vision is to construct a business that helps our operators and franchisees develop by and by and monetarily by giving the most extreme preparing and support.