Commission Express vs Exit Realty Florida Franchise Comparison

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

Start-Up Costs and Fees
 
Commission Express Franchise
Exit Realty Florida Franchise
Investment $112,800 - $301,500$61,000 - $210,000
Franchise Fee $15,000 - $60,000$25,000
Royalty Fee Varies$295/mo.
Advertising Fee --
Year Founded 1992-
Year Franchised 1996-
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee -$2,500


Business Experience Requirements
 
Commission Express Franchise
Exit Realty Florida Franchise
Experience
  • General business experience

    • Determined by applicants credit, financial position and experience owning and or operations of a business.

    Financing Options
     
    Commission Express Franchise
    Exit Realty Florida 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
    Exit Realty Florida Franchise
    Training -

    1 week training at Exit International offices located in Toronto Canada

    * Monthly training programs delivered electronically and by internationally renowned speakers.
    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
    Exit Realty Florida 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 Exit Realty Florida

    Exit Realty Florida is a U.S Regional franchise territory. The Exit Realty Business model has its unique business model that allows the agents to earn additional income from recruiting agents into any office across the country.