Crye-Leike vs 1st Class Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Crye-Leike vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Crye-Leike Franchise
1st Class Real Estate Franchise
Investment $59,100 - $160,300$14,420 - $209,475
Franchise Fee $13,500 - $25,000$5,000 - $25,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19762012
Year Franchised 19992018
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 10% of initial fee-


Business Experience Requirements
 
Crye-Leike Franchise
1st Class Real Estate Franchise
Experience --

Financing Options
 
Crye-Leike Franchise
1st Class Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/NoYes/-
Start-up Costs No/NoYes/-
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/Yes
Payroll No/No-/Yes

Training & Support
 
Crye-Leike Franchise
1st Class Real Estate Franchise
Training - Classroom Training: 16 hours Additional Training: Virtual training
Support - Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app
Operations - Number of Employees Required to Run: 3

Expansion Plans
 
Crye-Leike Franchise
1st Class Real Estate Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Crye-Leike

As a full service real estate company since 1976, Crye-Leike offers real estate and related services, including: relocation services; commercial business and investment real estate services; property leasing and management services; insurance services; title & closing services; mortgage services; home warranty services; home services; auction services; business brokerage services; REO services for bank-owned & foreclosed properties and real estate schools.
The Crye-Leike has grown to be a brand to be reckoned with among real estate brands.

About 1st Class Real Estate

"1st

1st Class Real Estate is a full-service real estate company that desires to help YOU grow your business! Like everyone else we offer competitive splits & support; however, it is our culture that sets us apart from the rest! We’ve made it possible for you to grow your business with a team of individuals without breaking the bank!

The total investment necessary to begin operation of a 1st Class Real Estate Full-Service Model is $55,870- $209,475.
This includes $25,950 that must be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
This includes $5,950 that must be paid to the franchisor or affiliate.

Seeking new franchise units in the following regions/states: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont, Wisconsin, West Virginia and Wyoming