Commission Express vs HouseMAXX Franchise Comparison

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

Start-Up Costs and Fees
 
Commission Express Franchise
HouseMAXX Franchise
Investment $112,800 - $301,500$5,000 - $50,000
Franchise Fee $15,000 - $60,000$12,500
Royalty Fee Varies-
Advertising Fee --
Year Founded 1992-
Year Franchised 1996-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
Commission Express Franchise
HouseMAXX Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Commission Express Franchise
    HouseMAXX 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
     
    Commission Express Franchise
    HouseMAXX 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
    HouseMAXX Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesYes

    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 HouseMAXX

    HouseMAXX is looking for exceptional business-oriented people to become Exclusive Territory Licensee/s in expanding our International FSBO Advertising services throughout the world! Successful candidates must be entrepreneurial in approach and passionate about developing their own territory. They must have strong people skills in order to communicate the HouseMAXX message to sellers, home owners and the general public. Knowledge of the internet, real estate and an interest in photography coupled with the keen desire to help people save thousands in real estate commissions would be an asset!