Better Homes Realty Inc.

Founded: 1964 Franchising since: 1975
In 1964 a group of independent real estate brokerage offices in the Walnut Creek, California, area came together to do business as Better Homes Realty. The company began adding offices throughout Contra Costa County, California, and in 1975 Better Homes Realty obtained a franchise license to expand the concept in California. The company has been franchising nationally since 1981.

1777 Botelho Dr., #390 Walnut Creek, California 94596

Phone: (800)642-4428/ (925)937-9001

Franchisor has 6 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2005	42	0	0	0

Where Seeking Franchisees
In the U.S. California, United states

Exclusive territories available.
Territory size: 1/2-mile radius

Total investment: to $61.5K Franchise fee: $9.95K

Ongoing royalty fee: Varies Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Business Experience:

• Industry experience
• General business experience

Operations

• 10% of all franchisees own more than one unit
• Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training

• Available at headquarters
• Available at franchisee's location

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet

Marketing Support

• Co-op advertising
• Ad slicks

Other marketing support

• Agent marketing program