Advance Realty vs Renters Warehouse Franchise Comparison

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

Start-Up Costs and Fees
 
Advance Realty Franchise
Renters Warehouse Franchise
Investment $55,600 - $129,000$14,819 - $50,405
Franchise Fee $17,500$1,000 - $10,000
Royalty Fee 1.75%4.5%
Advertising Fee --
Year Founded 20012007
Year Franchised 20052011
Term Of Agreement 5 years7 years
Term Of Agreement 5 years7 years
Renewal Fee $1,750-


Business Experience Requirements
 
Advance Realty Franchise
Renters Warehouse Franchise
Experience -

Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

Financing Options
 
Advance Realty Franchise
Renters Warehouse Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/Yes-/-
Start-up Costs No/Yes-/-
Equipment No/Yes-/-
Inventory No/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Advance Realty Franchise
Renters Warehouse Franchise
Training -

Available at headquarters: 5 days. At franchisee's location: 2 days.
Support -

Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing -

Co-op advertising, National media, Regional advertising,
Operations --

Expansion Plans
 
Advance Realty Franchise
Renters Warehouse Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About Advance Realty

The Advance Realty system was designed from the beginning to be the most technologically advanced, efficient, cost effective, flexible, scalable and successful real estate model in the industry. The concept is easy to understand and the value is immediately recognizable. Give your top agents the commissions they want and still maintain profitability. Entrepreneur Magazine's 100 Fastest Growing Franchises, Entrepreneur Magazine's 'Franchise 500', Real Trends 'Top 500 Largest Brokers in US', Franchise Times 'The Next 100 Top Franchises', Smart CEO 'Fastest Growing Company', RisMedia 'Top 500 Power Brokers', Realtor Magazine 'Emerging Player', Smart CEO 'Top Technology Company' Our steady growth in the best and worst of markets proves that no other brand can duplicate the success of Advance Realty USA.
Advance Realty, known for its low 1.75% fee and consumer-driven programs, was established in 2001 in Baltimore Maryland.

About Renters Warehouse

The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!

Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.

We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.