1st Class Real Estate vs Keller Williams Realty - Market Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of 1st Class Real Estate vs Keller Williams Realty - Market Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$14,420 - $209,475 | $32,100 - $336,995 |
Franchise Fee |
$5,000 - $25,000 | $5,000 - $36,947 |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
2012 | 2020 |
Year Franchised |
2018 | 2020 |
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 |
- | Yes |
Company Overviews
About 1st Class Real Estate
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
About Keller Williams Realty - Market Center
Keller Williams Realty has developed a distinctive business system that involves
the delivery of real estate brokerage services and other services
through Keller Williams Realty - Market Centers. They offer the right to develop and operate Market Centers in specific Awarded Areas. They have authorized third parties to act as
their Regional Representatives in specific regions.
The total investment necessary to begin operation of a Keller Williams Realty Market Center
ranges between $183,947 and $336,995. This includes $36,947 that must be
paid to the franchisor. If you sign a Business Center Addendum to the
franchise agreement, the total investment necessary to begin operation
of a Business Center ranges between $32,100 to $91,150. This includes
$5,000 that must be paid to the franchisor.