LakePlace.com Realty vs Sotheby's International Realty Franchise Comparison

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

Start-Up Costs and Fees

 
LakePlace.com Realty Franchise
Sotheby's International Realty Franchise
Investment $16,000 - $114,900$40,650 - $472,800
Franchise Fee $10,000$25,000
Royalty Fee 10%-
Advertising Fee --
Year Founded 20152004
Year Franchised 20152007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
LakePlace.com Realty Franchise
Sotheby's International Realty Franchise
Experience --

Financing Options

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

Training & Support

 
LakePlace.com Realty Franchise
Sotheby's International Realty Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
LakePlace.com Realty Franchise
Sotheby's International Realty Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -Yes

Company Overviews

About LakePlace.com Realty

"LakePlacecom

LakePlace.com® real estate brokerage businesses are full-service real estate brokerages that specialize in brokering the purchase,rental and sale of lake or other water-related properties through the LakePlace.com® web site.

The total investment necessary to convert an existing real estate brokerage business to a LakePlace.com®Business is from $16,000 to $33,000.

The total investment necessary to begin operation of a new LakePlace.com® Business is from $50,800 to $114,500.




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.