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Updated RecentlyHomeGate Real Estate vs Corcoran Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of HomeGate Real Estate vs Corcoran including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,500 - $10,000 | $52,850 - $520,500 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 0.5%-1% |
| Year Founded | 2017 | 2015 |
| Year Franchised | 2017 | 2019 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
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 | At Headquarters By Video Online By Phone | - |
| Support | Meetings Advertising/Marketing Sales Leads Technical Support Online Support Phone Support | - |
| Marketing | - | - |
| Operations | Business can be added on to an existing business. | - |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About HomeGate Real Estate
Always Honesty, Integrity, and Trust
HomeGate Real Estate® is an innovative, cloud-based brokerage.
Join Our Nationwide Expansion. Open An Office In Your Market Today!
Our unique structure gives our REALTORS® the opportunity to create residual income through retirement.
About Corcoran
!["Corcoran]("https://fddexchange.com/wp-content/uploads/2019/12/Corcoran-300x76.jpg")
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.