Coldwell Banker Real Estate LLC

Real estate
Total Units
3,198 Yearly Data not available
2021 Franchise 500 Rank
#278 Not ranked last year
222
Initial investment
$30K - $439K

Company Overview

In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner. Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.

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About Coldwell Banker Real Estate LLC

Industry
Services (Other)
Related Categories
Real Estate , Services (Other),
Founded
1906
Parent Company
Realogy Holdings Corp.
Leadership
Ryan Gorman, President & CEO

Franchising Overview

Franchising Since
1982 (39 years)
# of employees at HQ
59
Where seeking
Franchisor is seeking new franchise units worldwide.
# of Units
3,198

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 Coldwell Banker Real Estate LLC 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
$30,300 - $438,800
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Royalty Fee
6%
Ad Royalty Fee
Varies
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
Coldwell Banker Real Estate LLC 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
15 hours
Additional Training
Ongoing training at other locations & via the Internet
Ongoing Support
Newsletter
Meetings & Conventions
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Social Media
SEO
Website Development

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

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Franchise 500 Ranking History

Compare where Coldwell Banker Real Estate LLC landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Coldwell Banker Real Estate LLC ranked on other franchise lists? Find out below.

Ranked #278

In Franchise 500 Ranking

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The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: October 23rd, 2020
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