Elliott & Company Appraisers Franchise

Real estate appraisals

Charlie Elliott founded Elliott Real Properties Inc. in Boone, North Carolina in 1980, providing customers with real estate appraisals. In 1993 the company began offering franchises and changed its name to Elliott & Company Appraisers. The company conducts appraisals of houses, condominiums and vacant lots for its base of more than 3,400 clients.

Please Note: The operators of Elliott & Company Appraisers, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Elliott & Company Appraisers website.

Start-up Costs & Franchise Fees

How much does it cost to open a Elliott & Company Appraisers franchise?

Total Investment: $3,700-$18,900
Initial Franchise Fee: $900-$9,900
Royalty Fee: 8-18%
Advertising Fee:
Term of Agreement: 5 years
Renewal Fee: $500

How to contact Elliott & Company Appraisers

Elliott & Company Appraisers News

Housing Wealth Drives Consumer Spending More Than Stocks
A recent study by the Joint Center for Housing Studies at Harvard University and Macroeconomic Advisers, LLC, concludes that housing wealth has a greater effect on a consumer's spending habits than his or her stock wealth. According to the study, which was commissioned by the National Associatio... more

Elliott® Offers Avms On Cascading Platform
In response to requests from our clients for quicker and less expensive collateral-assessment tools, ELLIOTT® & Company Appraisers now offers Automated Valuation Models, better known as AVMs. AVMs are computer-generated evaluations developed from comparable sales databases and public records. Th... more

Elliott® Heading To Mba Convention
Representatives of ELLIOTT® & Company Appraisers will be at Booth 1505 during the 91st Annual Convention & Expo of the Mortgage Bankers of America that is being held October 23-27 at the Moscone Center in San Francisco. Representing the company at this convention will be Charlie Elliott, president, ... more

Should Appraisers Be Required To Have College Degrees?
The Real Property Appraiser Qualifications Board, an independent group that operates under the Appraisal Foundation, has adopted the Real Property Appraiser Qualification Criteria, which will become effective on January 1, 2008. Once they take place, these new criteria will introduce the requirement... more

Housing Prices Rise Dramatacally
The National Association of Realtors (NAR) recently reported that median home prices in the United States rose a whopping 9.1% in the second quarter of 2004 compared to that of the second quarter last year. According to the NAR, the median value for a home is now $183,800. Leading the way ... more

View all Elliott & Company Appraisers Press Releases

Franchise History

When did the first Elliott & Company Appraisers open? 1980
When did Elliott & Company Appraisers start franchising? 1993

Year	U.S.A.	Canada	International	Corporate
2004	5	0	0	2
2003	7	0	0	3
2002	8	0	0	3
2001	8	0	0	3
2000	10	0	0	3

Expansion Plans

United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,

Financing Options

Expense	In-House	Third Party
Franchise Fee	No	No
Startup Costs	No	No
Equipment	No	N/A
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Training & Support

Training
State required continuing education every year

Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations

Marketing
Co-op advertising, Ad slicks, National media, Regional advertising

Business Operations

Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 1 - 2

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

• Real Estate Franchise Opportunities
• Home & Property Inspection Franchise Opportunities
• Franchises Under $25K

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