Corcoran

Corcoran

Real estate
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2022 Franchise 500 Rank
#297 Not ranked last year
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Initial investment
$53K - $546K
Units as of 2021
104 333.3% over 3 years

Company Overview

About Corcoran

Industry
Services (Other)
Related Categories
Real Estate
Founded
1973
Parent Company
Realogy
Leadership
Stephanie Anton, President

Franchising Overview

Franchising Since
2019 (3 years)
# of employees at HQ
141
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
104 (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 Corcoran 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
$35,000
Initial Investment
$52,850 - $546,300
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Veteran Incentives
Franchise fee reduced or waived; additional business benefits
Royalty Fee
6-4%
Ad Royalty Fee
1-0.5%
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
Corcoran 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
12 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

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 Corcoran landed on this year’s Franchise 500 Ranking versus previous years.

Stock History for Corcoran

Ticker Symbol for Corcoran: RLGY

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