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Below is an in-depth analysis and side-by-side comparison of Royal LePage vs REALean including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $100,000 | $24,710 - $40,220 |
Franchise Fee | N/A | $19,900 |
Royalty Fee | - | 2.5% |
Advertising Fee | - | - |
Year Founded | 1913 | 2012 |
Year Franchised | 1995 | 2017 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | - | Classroom Training: 12 hours |
Support | - | Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | No | Yes |
Royal LePage is the fastest growing real estate franchisor in Canada. Royal LePage offers its franchisees leading-edge technology, training, products and services to compete effectively in the real estate industry.