Flat Rate Realty vs 1st Class Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Flat Rate 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

 
Flat Rate Realty Franchise
1st Class Real Estate Franchise
Investment $42,500 - $125,000$14,420 - $209,475
Franchise Fee $10,000$5,000 - $25,000
Royalty Fee $500-
Advertising Fee --
Year Founded 20042012
Year Franchised 20062018
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $1000-


Business Experience Requirements

 
Flat Rate Realty Franchise
1st Class Real Estate Franchise
Experience --

Financing Options

 
Flat Rate Realty 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

 
Flat Rate Realty 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

 
Flat Rate Realty Franchise
1st Class Real Estate Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Flat Rate Realty

Flat Rate Realty is leading the real estate revolution.
Gone are the high percentage buyer and seller commission rates.
Instead, Flat Rate Realty charges as little as 1% to list a home in the MLS, and offers home-buyers cash rebate’s on the buyer’s agent commission at closing.

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