Better Homes and Gardens Real Estate

Better Homes and Gardens Real Estate

Real estate
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2022 Franchise 500 Rank
N/R Ranked #189 last year
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Initial investment
$32K - $448K
Units as of 2022
413 14.1% over 3 years

Here’s what you need to know if you’re interested in opening a Better Homes and Gardens Real Estate franchise.

Investing in a home is one of the most significant financial decisions an individual or family will make, and Better Homes and Gardens Real Estate understands this. As a company, Better Homes and Gardens Real Estate provides clients with professional help as they search for their perfect place.

Founded in 2008, Better Homes and Gardens Real Estate entered the real estate market with a vision for a great future. With a passion for real estate, the brand may have grown as a trusted source of inspiration and an equipped partner for all home-related needs. By 2018, the brand ventured overseas, launching in Australia.

There are over 350 Better Homes and Gardens Real Estate franchises in the United States to go along with more than a dozen international locations.

Better Homes and Gardens Real Estate may reward its clientele with expertise, data, and experience by offering real estate assistance to both buyers and sellers.

Why You May Want to Start a Better Homes and Gardens Real Estate Franchise

Throughout its existence, Better Homes and Gardens Real Estate has guided homeowners through the tricky processes of buying and selling property. Better Homes and Gardens Real Estate believes it is a brand name that commands trust and offers an impressive track record for anyone looking for open doors.

If you have a passion for helping people find a place they can call home, then you may be in your comfort zone on the Better Homes and Gardens Real Estate team. As part of the team, you can take advantage of a powerful global brand to make connections and grow.  

Better Homes and Gardens Real Estate has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

What Might Make a Better Homes and Gardens Real Estate Franchise a Good Choice?

One thing that may set Better Homes and Gardens Real Estate apart from others is its ability to become a reliable partner. After the initial selling or purchasing of property, the team keeps in touch with customers. Better Homes and Gardens Real Estate strives to go above and beyond by updating customers with design trends, data on market conditions, and reliable assistance.

To be part of the Better Homes and Gardens Real Estate team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising fees and royalty fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.

How To Open a Better Homes and Gardens Real Estate Franchise

Once you secure approval to open your own Better Homes and Gardens Real Estate franchise, you’ll participate in a franchise training program. Training covers various real estate-related aspects, including client management, sales, social media, and communication skills. The brand also offers fundamental support to help you overcome barriers in the market.

Opening a Better Homes and Gardens Real Estate franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.

Find Your Perfect Franchise

Company Overview

About Better Homes and Gardens Real Estate

Industry
Services (Other)
Related Categories
Real Estate
Founded
2008
Parent Company
Anywhere Real Estate Inc.
Leadership
Sherry Chris, President & CEO

Franchising Overview

Franchising Since
2008 (14 years)
# of employees at HQ
40
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
413 (as of 2022)

Franchisor Information

Corporate Address
175 Park Ave.
Madison, NJ 07940

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Better Homes and Gardens Real Estate franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$0 - $25,000
Initial Investment
$32,420 - $447,500
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Veteran Incentives
Franchise fee reduced or waived
Royalty Fee
5%
Ad Royalty Fee
1%
Term of Agreement
10 years
Is franchise term renewable?
No
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Better Homes and Gardens Real Estate offers in-house financing to cover the following: startup costs

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
26.5 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No
Take our quick quiz to find your ideal franchise

Interested in franchise ownership like Better Homes and Gardens Real Estate? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Better Homes and Gardens Real Estate landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021