| ||||
Updated RecentlyTucker Associates vs Sotheby's International Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Tucker Associates vs Sotheby's International Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $125,000 - $250,000 | $40,650 - $472,800 |
| Franchise Fee | N/A | $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 1918 | 2004 |
| Year Franchised | 1989 | 2007 |
| Term Of Agreement | 6 Years+5 | - |
| Term Of Agreement | 6 Years+5 | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| 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 |
||
| US Expansion | Yes | Yes |
| 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 Sotheby's International Realty
!["Sothebys]("https://fddexchange.com/wp-content/uploads/2019/01/Sothebys-International-Realty-Affiliates-300x154.png")
.
!["Inspire"]("https://img.gtsstatic.net/reno/imagereader.aspx?imageurl=https%3A%2F%2Fbeta.sothebysrealty.com%2Fresources%2Fsiteresources%2Fmy%20folder%2Fhugeimages%2FInspire.png&option=N&permitphotoenlargement=false&w=640")
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.