Is Sea Glass Properties or Red Barn Homebuyers cheaper to open?

Sea Glass Properties costs $34,000–$273,000 and Red Barn Homebuyers costs $59,465–$257,820 to open (FDD Item 7). Sea Glass Properties has the lower entry cost.

Which is the better franchise, Sea Glass Properties or Red Barn Homebuyers?

FranchiseVerdict grades Sea Glass Properties B and Red Barn Homebuyers B, from FDD Items 5–7, 19–21 and SBA loan performance. See the full side-by-side above.

Sea Glass Properties vs Red Barn Homebuyers

Franchise Comparison 2026

Both Sea Glass Properties and Red Barn Homebuyers are real estate franchises. Sea Glass Properties requires an investment of $34K – $273K while Red Barn Homebuyers requires $59K – $258K. Neither Sea Glass Properties nor Red Barn Homebuyers makes a financial performance representation in Item 19 of its FDD — a voluntary item under the FTC Franchise Rule — so the two cannot be compared on disclosed unit revenue. FranchiseVerdict rates Sea Glass Properties B (Above average) and Red Barn Homebuyers B (Above average).

Metric	Sea Glass Properties	Red Barn Homebuyers
Verdict Grade	BAbove average	BAbove average
Investment Range	$34K – $273K	$59K – $258K
Franchise Fee	$10K	$35K
Royalty Rate	6.0%	3.0%
Average Revenue (Item 19)	N/ANo Item 19 representation	N/ANo Item 19 representation
SBA Charge-Off Rate	N/A	N/A
Total Units	5	89
Unit Growth (YoY)	+3 units	+32 units
Year Began Franchising	2024	2022
FDD Year	2026	2025