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Updated RecentlyFlat Rate Realty vs LakePlace.com Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Flat Rate Realty vs LakePlace.com Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $42,500 - $125,000 | $16,000 - $114,900 |
| Franchise Fee | $10,000 | $10,000 |
| Royalty Fee | $500 | 10% |
| Advertising Fee | - | - |
| Year Founded | 2004 | 2015 |
| Year Franchised | 2006 | 2015 |
| Term Of Agreement | 5 years | - |
| Term Of Agreement | 5 years | - |
| Renewal Fee | $1000 | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Flat Rate Realty
Flat Rate Realty is leading the real estate revolution.
Gone are the high percentage buyer and seller commission rates.
Instead, Flat Rate Realty charges as little as 1% to list a home in the MLS, and offers home-buyers cash rebate’s on the buyer’s agent commission at closing.
About LakePlace.com Realty
!["LakePlacecom]("https://fddexchange.com/wp-content/uploads/2020/10/LakePlace.com-2.jpg")
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.