Corcoran vs Sotheby's International Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Corcoran Franchise
Sotheby's International Realty Franchise
Investment $52,850 - $520,500$40,650 - $472,800
Franchise Fee $35,000$25,000
Royalty Fee 6%-
Advertising Fee 0.5%-1%-
Year Founded 20152004
Year Franchised 20192007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Corcoran Franchise
Sotheby's International Realty Franchise
Experience --

Financing Options

 
Corcoran Franchise
Sotheby's International Realty Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Corcoran Franchise
Sotheby's International Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Corcoran Franchise
Sotheby's International Realty 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 Sotheby's International Realty

"Sothebys.

"Inspire"

Dedicated to renewing the luxury real estate industry, Sotheby's International Realty offers born-again experiences through a global network of atypical agents.

The total investment necessary to begin operation of a Sotheby's International Realty franchise is approximately $40,650 to $285,500 for a conversion real estate office, and $122,150 to $472,800 for a start-up real estate office. This includes $$0 to $25,000 that must be paid to the franchisor or an affiliate as an initial franchise fee. The initial franchise fee for a residential franchise is $25,000 for the first Branch Office, $12,500 for the second Branch Office and $7,500 for each additional Branch Office.