Benham Real Estate vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees
 
Benham Real Estate Franchise
Corcoran Franchise
Investment $11,800$52,850 - $520,500
Franchise Fee $6,500$35,000
Royalty Fee $195/transaction6%
Advertising Fee -0.5%-1%
Year Founded 20042015
Year Franchised 20072019
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2500-


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

Financing Options
 
Benham Real Estate Franchise
Corcoran Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

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

Expansion Plans
 
Benham Real Estate Franchise
Corcoran Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Benham Real Estate

The BenhamREO Group was founded in 2003 to meet the demanding needs of today’s rapidly expanding, fast-paced REO Industry. Leaders in REO property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an outsourcing opportunity to liquidate their foreclosed properties on the retail market.

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.