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Real estate franchises — the FDD facts

51 brands · from each franchisor's most recent Franchise Disclosure Document

Every real estate franchise in our corpus, on the numbers their own FDDs put on record — what it costs to open, whether the franchisor discloses earnings, how many outlets close, and the risk signals. Not marketing copy.

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Brands tracked
51
parsed FDDs
Disclose Item 19 earnings
22%
11 of 51 brands
Median closure rate
6.3%
FDD Item 20 · 35 brands
Franchisee lawsuits
34
FDD Item 3, category total
FranchiseTotal investmentItem 19Closure rateRisk
@properties $64,350 – $433,000 — — Medium
1 Percent Lists $10,370 – $60,560 — 8.9% Medium
1st Class Real Estate $31,050 – $43,450 — 7.3% Medium
1st Class Real Estate (Area Rep) $23,500 – $113,500 ✓ — Low
1st Class Real Estate (Unit) $31,050 – $43,450 ✓ 21.2% Medium
All County $87,450 – $119,900 ✓ 0% Low
Assist-2-Sell — — 10.8% High
Big Block Realty — — 20% Medium
Christie's International Real Estate $64,475 – $443,125 — — Medium
City2Shore $51,450 – $151,550 — 22.2% High
Coldwell Banker Commercial $37,050 – $553,700 — 0.7% High
Commercial Investors Group — ✓ 0% Low
Corcoran $62,150 – $365,200 — 5.7% Medium
Engel & Volkers $108,690 – $340,592 — 11% High
Epcon Communities $3,845,350 – $6,398,350 — 14.5% High
ERA $34,470 – $266,900 — 6.3% High
EXIT Realty Upper Midwest $60,800 – $209,000 — — Medium
Harcourts Pacific $151,000 – $360,000 — 15.8% Medium
Help-U-Sell Real Estate $29,650 – $67,650 — — Medium
HomeLife $34,200 – $110,000 — — Medium
Howard Hanna Real Estate $45,000 – $258,500 — 11.4% High
Infinium Realty Group $29,650 – $67,650 — — High
Intero Real Estate Services $210,200 – $855,400 — — High
Iron Valley Real Estate $58,900 – $207,000 — 2.3% Medium
Joe Homebuyer — — — Medium
Keller Williams Realty - Market Center $183,647 – $336,495 — 0.8% High
KeyGlee Unit $122,300 – $296,550 ✓ 17% Low
Keyrenter Property Management $118,750 – $244,400 ✓ 5.1% Medium
Market Center $182,430 – $335,697 — 0.9% High
New Again Houses $123,700 – $216,200 ✓ 10.6% Low
NextHome $16,750 – $241,595 — 2.8% Medium
Port of Subs (RD) $176,000 – $671,200 — — Medium
Port of Subs (Regional Developer) $176,000 – $671,200 — — Medium
Property Management — ✓ 6.8% Low
Property Sellwise $116,570 – $251,840 ✓ — Low
Real Estate Solutions $54,366 – $71,266 ✓ — Low
Realty Executives $54,700 – $443,500 — 15.5% High
Realty ONE Group $47,250 – $227,500 — 2.5% High
Realty World $18,600 – $195,000 — 0.7% Medium
Red Barn $56,465 – $257,820 — 2.3% Medium
Regional Representative $131,000 – $423,500 — 18.2% High
Sea Glass Properties $34,000 – $273,000 — — Medium
Simply Full Service Reality $29,200 – $60,800 — 33.3% High
Sotheby's International Realty $47,250 – $331,950 — 1.1% Medium
Sperry Van Ness $33,780 – $129,310 ✓ 0.7% Medium
TCB Now $274,700 – $444,000 — — Medium
The Agency $119,600 – $896,150 — 3.7% Medium
United Country Real Estate $11,450 – $45,945 — 0.8% High
United Real Estate $144,500 – $385,500 — 1.4% Medium
Weichert $77,300 – $359,800 — 10.1% High
Windermere Real Estate — — — Medium

Figures as disclosed in each brand's most recent registered FDD. “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate. Tap any brand for the full breakdown. New to the term? What is Item 19? — the earnings disclosure, in plain English.

Real estate franchise rankings

Best Real estate franchises by the FDD numbersCheapest Real estate franchises to openFastest-growing Real estate franchisesLowest-churn Real estate franchisesLowest-royalty Real estate franchisesReal estate franchises ranked by average revenueReal estate franchises with disclosed Item 19 earningsReal estate franchises with the most franchisee lawsuits

Real estate franchises — frequently asked

What is the best real estate franchise?

"Best" is a claim the FDD numbers have to back: we rank real estate brands that disclose Item 19 earnings AND beat the category's median closure rate. All County currently tops that list with a 0% franchised-outlet closure rate; 4 real estate brands qualify. See Best Real estate franchises by the FDD numbers.

How much does a real estate franchise cost?

The median total initial investment across the 51 real estate franchises we track is $169,950 (FDD Item 7); individual brands range widely — the table on this page shows each one. The lowest-cost brands are ranked in Cheapest Real estate franchises to open.

Which real estate franchises disclose earnings?

11 of 51 real estate franchises (22%) make an Item 19 financial performance representation in their most recent FDD — franchisor-disclosed unit earnings, not estimates. See Real estate franchises with disclosed Item 19 earnings.

What is the failure rate of real estate franchises?

Across the 35 real estate brands with parsed outlet tables, the median franchised-outlet closure rate is 6.3% (FDD Item 20 — closures, terminations and non-renewals, the closest thing an FDD has to a failure rate). 21 of the 44 with net-change data shrank in the latest reported year.

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Which real estate franchise fits your budget?

51 real estate franchises is a long list. Tell us your budget and state and we'll send you the 5–10 that fit, ranked by earnings disclosure, growth and closure rate from their own FDDs.

Industries (pick any)

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Featured real estate franchise — placement open

One sponsored slot per category, and it's data-gated: a brand must disclose Item 19 earnings and beat the category's median closure rate to hold it. Sponsorship is always labeled and never changes a ranking, a risk read, or a report — the data on this site is not for sale. Franchisor inquiries: ryan@franchisefactsreport.com.

This report compiles and structures publicly filed Franchise Disclosure Document (FDD) data from state franchise registrations. It is not legal, financial, or investment advice, is not affiliated with or endorsed by any franchisor, and does not replace reading the full FDD or consulting a franchise attorney or accountant. All figures are as disclosed by the franchisor in its most recent registered FDD. Item 19 financial performance representations are made at the franchisor’s option and may be absent or limited.