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Below is an in-depth analysis and side-by-side comparison of Green Key Real Estate vs Renters Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $14,819 - $50,405 |
Franchise Fee | $9,800 | $1,000 - $10,000 |
Royalty Fee | 4% | 4.5% |
Advertising Fee | - | - |
Year Founded | - | 2007 |
Year Franchised | - | 2011 |
Term Of Agreement | - | 7 years |
Term Of Agreement | - | 7 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | Available at headquarters: 5 days. At franchisee's location: 2 days. |
Support | - | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
Marketing | - | Co-op advertising, National media, Regional advertising, |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
NO LONGER FRANCHISING
Observing that immaculate home is as essential to Green Key Real Estate specialists as it is to you. Together, we will skillfully explore the frequently complex universe of the private land showcase.
What makes us one of a kind and ideal for you is that our dedication comes to a long ways past the normal land purchasing process.
Why purchase with Green Key picture
The depiction variant of our land administrations goes something like this, our Green Key specialists:
Help you secure pre-endorsement for a credit with an aggressive bank (on the off chance that you as of now have a loan specialist, incredible).
Work with you to build up pursuit criteria/needs/wishes for your home.
Give you itemized postings, and organize property visits.
See potential properties with you, assessing the home or venture property from an individual and an esteem point of view.
Make a practically identical market examination of the property inside its neighborhood, with like-kind properties.
Structure and arrange a triumphant offer on your preferred home.
Manage you through the whole escrow handle, from examinations, coordination with your moneylender and escrow officer, encourage arrangement to get you the best arrangement, to at last, giving you the keys.
But then we give a lot more…
The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!
Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.
We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.