|
Below is an in-depth analysis and side-by-side comparison of Renters Warehouse vs 14 Moves including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $14,819 - $50,405 | $58,849 - $90,600 |
Franchise Fee | $1,000 - $10,000 | $45,000 |
Royalty Fee | 4.5% | 6% |
Advertising Fee | - | - |
Year Founded | 2007 | 1980 |
Year Franchised | 2011 | 2016 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
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 | - |
Canada Expansion | - | - |
International Expansion | - | - |
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.
Simple. Fast. Plug and Play. This is what Franchise Owners love about 14 Moves. 14 Moves is the first Real Estate franchise of its kind! We provide owners the ability to create their own real estate empire by using our turn-key business model; enabling Franchise Owners and their team of Real Estate agents to focus on the 20% of tasks that generate 100% revenues. Our centralized support hub is strategically placed to support a large amount of transactions and handle all the administrative and marketing support to get our owners and their team in production fast. Our Franchise Owners are not selling homes they are leading and motivating a team of Real Estate agents to help them achieve their goals. By utilizing our world-class sales training programs and partnering with existing, local broker offices 14 Moves provides our Franchise Owners with a low barrier of entry into the real estate market. There are no real estate leases or buildout, no large employee payroll, and quick ramp-up meaning our Franchise Owners get to spend more time recruiting agents and reaching their goals much sooner than the traditional brokerage model. Our concept is a simple, scalable and stress-free with incredible revenue potential.