| ||||
Updated RecentlyJoe Homebuyer vs 1st Class Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Joe Homebuyer vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $51,000 - $372,000 | $14,420 - $209,475 |
| Franchise Fee | $30,000 - $90,000 | $5,000 - $25,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 2019 | 2012 |
| Year Franchised | 2019 | 2018 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| 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 |
||
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Joe Homebuyer
!["Joe]("https://fddexchange.com/wp-content/uploads/2020/08/Joe-Homebuyer.png")
Joe Homebuyer is a turnkey real estate acquisition franchise. Our
franchisees operate their businesses to provide real estate solutions by
buying, fixing, and wholesaling residential properties. With or without
prior real estate experience, we will guide you through the entire
process from marketing to close.
Joe Homebuyer provides win-win creative
solutions for homeowners who would benefit from a quick, no hassle cash
offer.
As a Joe Homebuyer franchisee you will oversee your business’s general
operations including executing your marketing plan, approving budgets,
meeting with sellers, determining the best exit strategy for each
property and managing your business’s KPI’s.
A Joe Homebuyer franchise
is a very low overhead and low employee-based business.
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