| ||||
Updated RecentlyAdvance Realty vs 1st Class Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Advance Realty vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $55,600 - $129,000 | $14,420 - $209,475 |
| Franchise Fee | $17,500 | $5,000 - $25,000 |
| Royalty Fee | 1.75% | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 2012 |
| Year Franchised | 2005 | 2018 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $1,750 | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | Yes/- |
| Start-up Costs | No/Yes | Yes/- |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/No | -/Yes |
| Payroll | No/No | -/Yes |
Training & Support |
||
| 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 |
||
| US Expansion | - | - |
| 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 1st Class Real Estate
!["1st]("https://fddexchange.com/wp-content/uploads/2020/07/1st-Class-Real-Estate.jpg")
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.
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