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Updated RecentlyReal Estate One vs SellSmart Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Real Estate One vs SellSmart Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $20,000 - $80,000 | $23,500 - $53,600 |
| Franchise Fee | $13,000 - $18,000 | $14,950 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | - |
| Year Founded | - | 2001 |
| Year Franchised | - | 2004 |
| Term Of Agreement | - | 5 years |
| Term Of Agreement | - | 5 years |
| Renewal Fee | - | $500 |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | No/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 | - | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | - | - |
| Marketing | - | - |
| Operations | - | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Real Estate One
Real Estate One was the first company to have multiple offices, to create homes books, to initiate a computerized MLS, and to host Open Houses. Real Estate One also offers a better search experience for buyers with our highly rated Michigan Real Estate Search app. Real Estate One has been acknowledged on the national real estate circuit as leaders who report and educate the experts on today’s housing market.
Our franchising division has been helping brokers realize their potential through name recognition while allowing them to maintain local control. Real Estate One is the largest company in Michigan and the nation's 10th largest real estate services provider in the United States and the 19th largest real estate broker in the United States. We are dedicated to providing our franchisees with the latest in tools and resources necessary for today's market while sharing the benefit of our research and market knowledge. Real Estate One continues to grow in strength and recognition across the country.Many of the modern marketing tools that are used across the country were started right here at Real Estate One.
"The reason our companies have survived economic downturns and market crashes is due to our constant will to innovate and adopt new strategies and technologies.” - Dan Elsea, founder.
About SellSmart Real Estate
NO LONGER FRANCHISING
New land plans of action and innovation giving customer access to data is changing the land business for Brokers, Salespersons and Mortgage Lenders. A late overview showed that around 70% of buyers expressed that they needed a markdown charge structure without bargaining the administration that an accomplished representative may offer. SellSmart® is on focus with the reply - a far reaching framework to fulfill the desires of today's customer. Educated shoppers are the main impetus behind industry changes. Today's insightful shopper knows there are a greater number of alternatives accessible than the customary land financier firms. As home costs have far outpaced the shopper cost file, dispatched dealers who increment their overall revenues without offering extra esteem and administration to the customer are off guard for obtaining new postings. Actually, with expanded online access to data, shoppers wind up performing a significant number of the ventures themselves. Generally perceived for its purchaser driven plan of action, SellSmart gives home venders proficient mastery all through the whole cycle of home offering, and the BuySmart® program offers purchaser administrations and motivating forces. SellSmart is gaining by the market proficiency and monetary advantages that are accessible through online media by passing those reserve funds onto the shopper.