Commission Express vs eFlatFee Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Commission Express Franchise
eFlatFee Realty Franchise
Investment $112,800 - $301,500$6,000
Franchise Fee $15,000 - $60,000$6,000
Royalty Fee Varies$500/mo.
Advertising Fee --
Year Founded 19921997
Year Franchised 19962006
Term Of Agreement 10 yearsNegotiable, prefer 5 years
Term Of Agreement 10 yearsNegotiable, prefer 5 years
Renewal Fee -None, simply continue the monthly fee of $500


Business Experience Requirements

 
Commission Express Franchise
eFlatFee Realty Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Commission Express Franchise
    eFlatFee Realty 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
    eFlatFee Realty 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
    eFlatFee Realty Franchise
    US Expansion -Yes
    Canada Expansion No-
    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 eFlatFee Realty

    eFlatFeeRealty represents a nationwide network of Flat Fee and Discount Realtors across the nation. We offer real estate brokers the ability to compete with national referral companies for flat fee MLS listings and other real estate services by providing a comprehensive and complete website and national marketing exposure. We give consumers direct access to real estate brokers in their state who provide flat fee and discount real estate services so that they don't have to pay a referral fee to the website operator. We don't dictate your pricing or your terms of service. You set the prices and what's included in each package. You'll keep 100% of all profits generated in your state including ads purchased on your site by real estate related companies in your state. eFlatFeeRealty gives you everything you need to get started. You'll get your own eFlatFeeRealty website and CRM with marketing campaigns, drip email and the ultimate in customer relationship management. Your site comes complete with an e-commerce store for selling Flat Fee MLS listing plans and a la carte items. eFlatFeeRealty is listed with the top search engines in the country such as Google, Yahoo, AOL, MSN, and more. Member and affiliate brokers share the cost of Sponsored Link advertising thereby making marketing to a national audience competitive and cost-efficient. However, we're dominating Google search results in the FREE organic results. If you perform a Google search for keywords like "des moines flat fee, des moines flat fee mls, des moines flat fee broker" and anything else you can imagine that's related to flat fee in des moines we dominate. Furthermore we're climbing the ladder for the national keyword "flat fee mls" in Google we're currently #18 in the free "organic" results out of over 14 million! You'll get your own site like iowa.eflatfeerealty.com and we'll optimize the site for "your state flat fee mls" and all the variations. Today (8-24-09) we built iowa.eflatfeerealty.com - by the end of the week we'll be #1 in Google for Iowa Flat Fee. With hundreds of listing packages already sold, eFlatFeeRealty offers you an opportunity to capture a large portion of the growing Flat Fee MLS listing business in your market. Exclusive territories are going fast, so contact us today!