SellSmart Real Estate vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees
 
SellSmart Real Estate Franchise
Corcoran Franchise
Investment $23,500 - $53,600$52,850 - $520,500
Franchise Fee $14,950$35,000
Royalty Fee 6%6%
Advertising Fee -0.5%-1%
Year Founded 20012015
Year Franchised 20042019
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $500-


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

Financing Options
 
SellSmart Real Estate Franchise
Corcoran Franchise
  In-House/3rd PartyIn-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
 
SellSmart Real Estate Franchise
Corcoran Franchise
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
 
SellSmart Real Estate Franchise
Corcoran Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

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.

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.