Integra Realty vs Corcoran Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Integra Realty vs Corcoran including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$236,000 - $308,000 | $52,850 - $520,500 |
Franchise Fee |
$40,000 | $35,000 |
Royalty Fee |
- | 6% |
Advertising Fee |
- | 0.5%-1% |
Year Founded |
1999 | 2015 |
Year Franchised |
1999 | 2019 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Integra Realty
Integra was formed in July 1999 with 22 founding offices located
throughout the United States. By the early
1990’s in response to business growth and strong market demand, plans
were made to adopt a new business model for success. Integra chose a
franchise platform that allowed local offices to thrive under the strong
support and market-leading services provided by a corporate entity.
The mission still stands today, “To provide comprehensive valuation and
advisory services with national coverage through local expertise.”
About 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.