Commission Express vs Renters Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
Commission Express Franchise
Renters Warehouse Franchise
Investment $112,800 - $301,500$14,819 - $50,405
Franchise Fee $15,000 - $60,000$1,000 - $10,000
Royalty Fee Varies4.5%
Advertising Fee --
Year Founded 19922007
Year Franchised 19962011
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee --


Business Experience Requirements
 
Commission Express Franchise
Renters Warehouse Franchise
Experience
  • General business experience

    • Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

    Financing Options
     
    Commission Express Franchise
    Renters Warehouse 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
    Renters Warehouse Franchise
    Training -

    Available at headquarters: 5 days. At franchisee's location: 2 days.
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations

    Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising

    Co-op advertising, 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
    Renters Warehouse Franchise
    US Expansion -Yes
    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 Renters Warehouse

    The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!

    Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.

    We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.