SellSmart Real Estate vs Sotheby's International Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of SellSmart 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

 
SellSmart Real Estate Franchise
Sotheby's International Realty Franchise
Investment $23,500 - $53,600$40,650 - $472,800
Franchise Fee $14,950$25,000
Royalty Fee 6%-
Advertising Fee --
Year Founded 20012004
Year Franchised 20042007
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee $500-


Business Experience Requirements

 
SellSmart Real Estate Franchise
Sotheby's International Realty Franchise
Experience --

Financing Options

 
SellSmart Real Estate Franchise
Sotheby's International Realty 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
Sotheby's International Realty 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)

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Expansion Plans

 
SellSmart Real Estate Franchise
Sotheby's International Realty 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 Sotheby's International Realty

"Sothebys.

"Inspire"

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.