Tucker Associates vs Corcoran Franchise Comparison

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

Start-Up Costs and Fees

 
Tucker Associates Franchise
Corcoran Franchise
Investment $125,000 - $250,000$52,850 - $520,500
Franchise Fee N/A$35,000
Royalty Fee 6%6%
Advertising Fee -0.5%-1%
Year Founded 19182015
Year Franchised 19892019
Term Of Agreement 6 Years+5-
Term Of Agreement 6 Years+5-
Renewal Fee --


Business Experience Requirements

 
Tucker Associates Franchise
Corcoran Franchise
Experience --

Financing Options

 
Tucker Associates Franchise
Corcoran Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Tucker Associates Franchise
Corcoran Franchise
Training Indianapolis, IN 2 Weeks-
Support Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Franchisee Newsletter

Regional or National Meetings: At Additional Cost

800 Telephone Hotline

-
Marketing --
Operations Average Number of Employees: 1-2 Full-time, 3 Part-time

Passive Ownership: Allowed, But Discouraged

-

Expansion Plans

 
Tucker Associates Franchise
Corcoran Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Tucker Associates

Real estate franchisor for the State of Indiana, offering marketing, recruiting, training and relocation leads for franchisees. Number one company in Indiana and named # 10 brand name of independently owned companies.
With over 1,500 agents statewide and over $3.2 billion in sales, Tucker Associates is the largest independent real estate firm in Indiana and is ranked among the largest independent real estate firms in the nation.

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.