SimplySold Real Estate vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees
 
SimplySold Real Estate Franchise
Corcoran Franchise
Investment $75,300 - $187,900$52,850 - $520,500
Franchise Fee $12,500 - $25,000$35,000
Royalty Fee Varies6%
Advertising Fee -0.5%-1%
Year Founded 20032015
Year Franchised 20062019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $5000-


Business Experience Requirements
 
SimplySold Real Estate Franchise
Corcoran Franchise
Experience --

Financing Options
 
SimplySold Real Estate Franchise
Corcoran Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
SimplySold Real Estate Franchise
Corcoran Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
SimplySold Real Estate Franchise
Corcoran Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoYes

Company Overviews

About SimplySold Real Estate

We are a one-stop shop concierge service that coordinates and manages residential prep services to produce a “market ready” home.

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.