Crye-Leike vs Sotheby's International Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Crye-Leike vs Sotheby's International Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Crye-Leike Franchise
Sotheby's International Realty Franchise
Investment $59,100 - $160,300$40,650 - $472,800
Franchise Fee $13,500 - $25,000$25,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 19762004
Year Franchised 19992007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee 10% of initial fee-


Business Experience Requirements
 
Crye-Leike Franchise
Sotheby's International Realty Franchise
Experience --

Financing Options
 
Crye-Leike Franchise
Sotheby's International Realty 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
 
Crye-Leike Franchise
Sotheby's International Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Crye-Leike Franchise
Sotheby's International Realty Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Sotheby's International Realty

"Sothebys.

"Inspire"

Dedicated to renewing the luxury real estate industry, Sotheby's International Realty offers born-again experiences through a global network of atypical agents.

The total investment necessary to begin operation of a Sotheby's International Realty franchise is approximately $40,650 to $285,500 for a conversion real estate office, and $122,150 to $472,800 for a start-up real estate office. This includes $$0 to $25,000 that must be paid to the franchisor or an affiliate as an initial franchise fee. The initial franchise fee for a residential franchise is $25,000 for the first Branch Office, $12,500 for the second Branch Office and $7,500 for each additional Branch Office.