Advance Realty vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees

 
Advance Realty Franchise
Corcoran Franchise
Investment $55,600 - $129,000$52,850 - $520,500
Franchise Fee $17,500$35,000
Royalty Fee 1.75%6%
Advertising Fee -0.5%-1%
Year Founded 20012015
Year Franchised 20052019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1,750-


Business Experience Requirements

 
Advance Realty Franchise
Corcoran Franchise
Experience --

Financing Options

 
Advance Realty Franchise
Corcoran 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
Corcoran Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Advance Realty Franchise
Corcoran Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

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 Corcoran

"Corcoran

Since 1973, the agents of Corcoran have been earning and keeping our clients’ trust with an unwavering commitment to integrity and service. In every market we serve,  Corcoran is a family of world-class professionals, combining real estate expertise with unrivaled market knowledge and neighborhood fluency.

The total investment necessary to begin operation of a Corcoran® franchise is approximately $52,850 to $333,200 for a conversion real estate office, and $134,350 to $520,500 for a start-up real estate office. This includes $5,000 to $35,000 that must be paid to the franchisor or an affiliate as an initial franchise fee. The initial franchise fee for a residential conversion or start-up franchise is $35,000 for the Main Office and $10,000 for each additional Branch Office.