Weichert Real Estate Franchise

Real estate


Weichert, Realtors opened in 1969 with a single office. Jim Weichert opened his first real estate office in Chatham, New
Jersey,  He began franchising in 2000, and today the company is
based in Morris Plains, New Jersey. Franchisees help customers buy and
sell both residential and commercial real estate, and streamline the
delivery of mortgages and home and title insurance.

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Please Note: The operators of Weichert Real Estate, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Weichert Real Estate website.

How much does it cost to open a Weichert Real Estate Franchise?

The estimated investment required to open a Weichert Real Estate Franchise is between $50,000-$364,700. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Weichert Real Estate name.

Individual Unit Costs

  • Initial Investment:
    $50,000-$364,700
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    6%
  • Advertising Fee:
    2%
  • Term of Agreement:
    7 years
  • Renewal Fee:
    $1K



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Weichert's 14th Annual Golf Outing Scheduled For August 21
Weichert, Realtors will host its 14th Annual Charity Golf Outing on Thursday, Aug. 21, at Fiddler's Elbow Country Club in Bedminster, N.J. The event will raise funds for the American Cancer Society to benefit breast cancer research. "As we approach this year's golf tournament, I am once agai...

Weichert Takes Home Several Awards At Annual Real Estate And Relocation Conference
Weichert, Realtors® was the recipient of several member achievement awards presented by the Leading Real Estate Companies of the World® (LeadingRE) during its Annual Performance Awards Ceremony at the 2009 conference held in Scottsdale, Ariz. Weichert received the 2008 Award of Excellence fo...

Weichert Real Estate Affiliates Expands Franchise Network Throughout The Country
Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, continued its nationwide growth with the addition of five new franchise offices in the West, South and Midwest regions of the country. The companies recently joining Weichert Real Estate Affiliates' ever-growing roster ...

Weichert Real Estate Affiliates Adds Five New Franchise Offices To Its Growing Roster
Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors, continued its nation-wide growth in July and August with the addition of several new affiliates and the expansion of an existing franchise. In total, five new offices joined the Weichert Real Estate Affiliates roster, wh...

Weichert Real Estate Affiliates Ranked As A Top Franchise By Entrepreneur Magazine
Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, was recently named as one of the nation's top franchises, according to Entrepreneur magazine's 29th Annual Franchise 500®. The list spotlights the top 500 franchises in the U.S. and Canada for 2008. Continuing its ma...

Weichert Real Estate News & Press Releases

When did the first Weichert Real Estate open? 1969
When did Weichert Real Estate start Franchising? 2000
Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Training
Classroom Training: 28.25 hours
Additional Training: Annual conference; quarterly workshops (local)

Support
Newsletter
Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform

Marketing
Co-op Advertising
National Media
Regional Advertising
Social media
Email marketing

10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 5

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

To calculate how much income a franchise owner can do at Weichert Real Estate Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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Legal Disclaimer: This information is not a franchise offering for Weichert Real Estate and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Weichert Real Estate franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Weichert Real Estate

Weichert Real Estate

Weichert Real Estate Affiliates Inc.
225 Littleton Rd.
Morris Plains, NJ
07950

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