Corcoran vs REALean Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Corcoran vs REALean including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Corcoran Franchise
REALean Franchise
Investment $52,850 - $520,500$24,710 - $40,220
Franchise Fee $35,000$19,900
Royalty Fee 6%2.5%
Advertising Fee 0.5%-1%-
Year Founded 20152012
Year Franchised 20192017
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Corcoran Franchise
REALean Franchise
Experience --

Financing Options
 
Corcoran Franchise
REALean Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Corcoran Franchise
REALean Franchise
Training - Classroom Training: 12 hours
Support - Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Security/Safety Procedures Site Selection
Marketing - Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing
Operations --

Expansion Plans
 
Corcoran Franchise
REALean Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Corcoran

"Corcoran

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.





About REALean

""

REALean offers franchises to qualified individuals and entities to own and operate a REALean real estate brokerage featuring their innovative commission structures.
REALean: the next generation real estate brokerage franchise.
Full service REAL estate with Lean costs to home sellers.
4% listing fees, 3% if there is not a buyer's agent.