|
Below is an in-depth analysis and side-by-side comparison of eFlatFee Realty vs Renters Warehouse including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $6,000 | $14,819 - $50,405 |
Franchise Fee | $6,000 | $1,000 - $10,000 |
Royalty Fee | $500/mo. | 4.5% |
Advertising Fee | - | - |
Year Founded | 1997 | 2007 |
Year Franchised | 2006 | 2011 |
Term Of Agreement | Negotiable, prefer 5 years | 7 years |
Term Of Agreement | Negotiable, prefer 5 years | 7 years |
Renewal Fee | None, simply continue the monthly fee of $500 | - |
Business Experience Requirements |
||
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 |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
||
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 |
||
US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
eFlatFeeRealty represents a nationwide network of Flat Fee and Discount Realtors across the nation. We offer real estate brokers the ability to compete with national referral companies for flat fee MLS listings and other real estate services by providing a comprehensive and complete website and national marketing exposure. We give consumers direct access to real estate brokers in their state who provide flat fee and discount real estate services so that they don't have to pay a referral fee to the website operator. We don't dictate your pricing or your terms of service. You set the prices and what's included in each package. You'll keep 100% of all profits generated in your state including ads purchased on your site by real estate related companies in your state. eFlatFeeRealty gives you everything you need to get started. You'll get your own eFlatFeeRealty website and CRM with marketing campaigns, drip email and the ultimate in customer relationship management. Your site comes complete with an e-commerce store for selling Flat Fee MLS listing plans and a la carte items. eFlatFeeRealty is listed with the top search engines in the country such as Google, Yahoo, AOL, MSN, and more. Member and affiliate brokers share the cost of Sponsored Link advertising thereby making marketing to a national audience competitive and cost-efficient. However, we're dominating Google search results in the FREE organic results. If you perform a Google search for keywords like "des moines flat fee, des moines flat fee mls, des moines flat fee broker" and anything else you can imagine that's related to flat fee in des moines we dominate. Furthermore we're climbing the ladder for the national keyword "flat fee mls" in Google we're currently #18 in the free "organic" results out of over 14 million! You'll get your own site like iowa.eflatfeerealty.com and we'll optimize the site for "your state flat fee mls" and all the variations. Today (8-24-09) we built iowa.eflatfeerealty.com - by the end of the week we'll be #1 in Google for Iowa Flat Fee. With hundreds of listing packages already sold, eFlatFeeRealty offers you an opportunity to capture a large portion of the growing Flat Fee MLS listing business in your market. Exclusive territories are going fast, so contact us today!
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.