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Better Homes Realty Inc.

At a Glance

Products & Services: Real estate

Number of Locations:

Total Investment: $61.5K

Founded: 1964

Began Franchising: 1975

Private Owned

About Better Homes Realty Inc.

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.

Startup Costs, Ongoing Fees and Financing

Total Investment: $61,500
Franchise Fee: $9,950
Ongoing Royalty Fee: Varies
Term of Franchise Agreement: 5 years, renewable
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

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