Century 21 Real Estate

Century 21 Real Estate

Real estate
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2021 Franchise 500 Rank
#362 Not ranked last year
See the Full List
Initial investment
$25K - $457K
Units as of 2021
13,222 65.9% over 3 years

Company Overview

About Century 21 Real Estate

Industry
Services (Other)
Related Categories
Real Estate
Founded
1971
Parent Company
Realogy Holdings Corp.
Leadership
Mike Miedler, President & CEO
Ticker Symbol
RLGY

Franchising Overview

Franchising Since
1972 (49 years)
# of employees at HQ
90
# of Units
13,222 (as of 2021)

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 Century 21 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
$24,700 - $456,750
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Veteran Incentives
Franchise fee waived or reduced; startup funding of $25,000
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
10 years
Is franchise term renewable?
No

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
Century 21 Real Estate offers in-house financing to cover the following: startup costs
Third Party Financing
Century 21 Real Estate has relationships with third-party sources which offer 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
31 hours
Additional Training
At conventions & workshops; ongoing training via Century 21 Learning System
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
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?
Yes

Franchise 500 Ranking History

Compare where Century 21 Real Estate landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Century 21 Real Estate ranked on other franchise lists? Find out below.

Ranked #362

Franchise 500 Ranking

Ranked #1

Fastest-Growing Franchises

Ranked #63

Top Franchises for Less Than $150,000

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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