Commission Express vs Green Key Real Estate Franchise Comparison

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

Start-Up Costs and Fees
 
Commission Express Franchise
Green Key Real Estate Franchise
Investment $112,800 - $301,500N/A
Franchise Fee $15,000 - $60,000$9,800
Royalty Fee Varies4%
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
Green Key Real Estate Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Commission Express Franchise
    Green Key Real Estate 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
    Green Key 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
    Green Key Real Estate Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    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 Green Key Real Estate

    NO LONGER FRANCHISING

    Observing that immaculate home is as essential to Green Key Real Estate specialists as it is to you. Together, we will skillfully explore the frequently complex universe of the private land showcase.

    What makes us one of a kind and ideal for you is that our dedication comes to a long ways past the normal land purchasing process.

    Why purchase with Green Key picture

    The depiction variant of our land administrations goes something like this, our Green Key specialists:

    Help you secure pre-endorsement for a credit with an aggressive bank (on the off chance that you as of now have a loan specialist, incredible).

    Work with you to build up pursuit criteria/needs/wishes for your home.

    Give you itemized postings, and organize property visits.

    See potential properties with you, assessing the home or venture property from an individual and an esteem point of view.

    Make a practically identical market examination of the property inside its neighborhood, with like-kind properties.

    Structure and arrange a triumphant offer on your preferred home.

    Manage you through the whole escrow handle, from examinations, coordination with your moneylender and escrow officer, encourage arrangement to get you the best arrangement, to at last, giving you the keys.

    But then we give a lot more…