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Updated RecentlySimplySold Real Estate vs Sotheby's International Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SimplySold Real Estate vs Sotheby's International Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $75,300 - $187,900 | $40,650 - $472,800 |
| Franchise Fee | $12,500 - $25,000 | $25,000 |
| Royalty Fee | Varies | - |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2004 |
| Year Franchised | 2006 | 2007 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $5000 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | Yes |
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 Sotheby's International Realty
!["Sothebys]("https://fddexchange.com/wp-content/uploads/2019/01/Sothebys-International-Realty-Affiliates-300x154.png")
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Dedicated to renewing the luxury real estate industry, Sotheby's International
Realty offers born-again experiences through a global network of atypical agents.
The total investment necessary to begin operation of a Sotheby's International
Realty franchise is approximately $40,650 to $285,500 for
a conversion real estate office, and $122,150 to $472,800 for a
start-up real estate office. This includes $$0 to $25,000 that must be
paid to the franchisor or an affiliate as an initial franchise fee. The
initial franchise fee for a residential franchise is $25,000 for the
first Branch Office, $12,500 for the second Branch Office and $7,500 for
each additional Branch Office.