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Updated RecentlySVN vs 1st Class Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of SVN vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $23,160 - $121,350 | $14,420 - $209,475 |
| Franchise Fee | $22,500 - $27,500 | $5,000 - $25,000 |
| Royalty Fee | 5% | - |
| Advertising Fee | - | - |
| Year Founded | 2001 | 2012 |
| Year Franchised | 2002 | 2018 |
| 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 | -/- | Yes/- |
| Start-up Costs | -/- | Yes/- |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | - | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | - | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Number of Employees Required to Run: 3 |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | Yes | - |
Company Overviews
About SVN
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SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is comprised of over 1,600 commercial real estate Advisors and staff, in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographical coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities.
In the crowded commercial real estate field,
SVN Advisors stand apart. The SVN Difference directly relates to SVN's Core Covenants which emphasize accountability, transparency, fairness and collaboration. Through specialty Product Councils and other international programs, SVN Advisors can tap into national expertise in areas such as sales, leasing, tenant representation, corporate real estate, asset management, property management accelerated marketing, asset recovery and auction services. As the SVN Advisor base expands, SVNIC continues to invest in an innovative infrastructure that provides access to market information, client management and marketing tools and systems through a revolutionary cloud-based enterprise system.
The total investment necessary to begin operation of a new SVN Franchised Business is between $25,160 and $121,350. This amount includes an Initial Franchise Fee of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
The total investment necessary to begin operation of a
conversion SVN Franchised Business is between $23,160 and $84,150. This
includes an Initial Franchise Fee that must be paid to SVNIC of $22,500
for the Team Program or $27,500 for the Established Program that must
be paid to the Franchisor or its affiliates.
A conversion SVN Franchised
Business is an existing commercial real estate services business that
converts to an SVN Franchise and operates under the Marks and System
established by SVNIC.
About 1st Class Real Estate
!["1st]("https://fddexchange.com/wp-content/uploads/2020/07/1st-Class-Real-Estate.jpg")
1st Class Real Estate is a full-service real estate company that desires to help YOU grow your business! Like everyone else we offer competitive splits & support; however, it is our culture that sets us apart from the rest! We’ve made it possible for you to grow your business with a team of individuals without breaking the bank!
The total investment necessary to begin operation of a 1st Class Real
Estate Full-Service Model is $55,870- $209,475.
This includes $25,950
that must be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
This includes $5,950 that
must be paid to the franchisor or affiliate.
Seeking new franchise units in the following regions/states: Alaska, Alabama, Arkansas, Arizona, California, Colorado,
Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa,
Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine,
Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New
Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon,
Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont,
Wisconsin, West Virginia and Wyoming