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Updated RecentlyCommission Express vs Sperry Commercial Global Affiliates Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Commission Express vs Sperry Commercial Global Affiliates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $112,800 - $301,500 | $12,300 - $176,500 |
| Franchise Fee | $15,000 - $60,000 | $2,500 - $5,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 1992 | 2014 |
| Year Franchised | 1996 | 2016 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-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 |
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| 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | 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.
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 Sperry Commercial Global Affiliates
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Sperry CGA understands that in order to achieve the highest level of
success for our clients, we must be able to effectively and efficiently
manage their diverse and complex needs. To do so requires cutting edge
communication and marketing tools, technologies that provide up-to-date
research, information and management in real-time, training and
education programs for our Associates, and a global network of
Affiliates that work cooperatively both internally and externally within
the commercial real estate industry.
Why Join Sperry CGA?
- The principals of this new organization are industry leaders with proven track records in the commercial brokerage industry.
- Industry’s most value-based Franchise Platform.
- Available to the at-home broker and small, medium, and large brokerage offices
- Cutting-Edge Business & Marketing Tools.
- Intranet & Web based transaction management with predictive workflows, Cloud-based storage, and Brokerage Management Tools.
- Experience Real-time Communication with a growing Global Network.
- Exclusive Agent Training & Development Programs.
- Collaborative team environment.
Network Affiliation
Each Sperry Commercial Global Network Affiliate is:
- Independently owned and operated.
- Carefully selected and committed to advancing the Mission and Vision of the trusted Sperry Brand.
- Offers a full range of commercial real estate services to local, regional, and international clients.
- Offers comprehensive market knowledge and multiple property type specializations.
- Able to meet the diverse and specific needs of its clients on an international level.