Joe 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

 
Joe Homebuyer Franchise
1st Class Real Estate Franchise
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 20192012
Year Franchised 20192018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Joe Homebuyer Franchise
1st Class Real Estate Franchise
Experience --

Financing Options

 
Joe Homebuyer Franchise
1st Class Real Estate 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

 
Joe Homebuyer Franchise
1st Class Real Estate Franchise
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

 
Joe Homebuyer Franchise
1st Class Real Estate Franchise
US Expansion Yes-
Canada Expansion --
International Expansion --

Company Overviews

About Joe Homebuyer

"Joe

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

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.
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