Century 21

Real estate
FREE Franchise Guide!
2024 Franchise 500 Rank
#160 Ranked #125 last year
See the Full List
Initial investment
$33K - $466K
Units as of 2024
11,141 Decrease 15% over 3 years

Since its founding in 1971, Century 21 Real Estate has worked to help independent people accomplish great things. The company has over 11,000 units worldwide, with more than 1,900 units in the United States alone. 

Century 21 Real Estate helps franchisees become licensed real estate agents so that they can, in turn, help people buy and sell homes. What started as a unique company plan has become more common as other entities have followed suit in running a real estate business. Shortly before reaching its 50-year mark, the company rebranded as it sought to stay modern and continue defying mediocrity.

Why You May Want to Start a Century 21 Real Estate Franchise

Many people dream of owning a home, yet they tend to dread the idea of real estate markets and agents. The mission of Century 21 Real Estate is to "defy mediocrity and deliver extraordinary experiences." Franchisees may have the possibility of helping people find homes they will love while removing the dread that often comes with buying or selling a home.

Century 21 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.

The company looks for relentless go-getters who are ready to make things happen. With lots of training and support, franchisees may have access to a myriad of development tools. However, it takes the initiative of franchisees who want to learn and grow for these resources to be of any value.

What Might Make a Century 21 Real Estate Franchise a Good Choice? 

If you love real estate and strive for excellence, this could be a great franchise opportunity. Century 21 Real Estate has worked hard to push above mediocrity, and their franchisees should do the same rather than settle for average. Franchisees must become licensed real estate agents and be ready to learn new skills and adapt to changing technology and society.

To be part of the Century 21 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 Century 21 Real Estate Franchise 

Century 21 Real Estate helps and supports franchisees in many ways, including with advertising, social media, and customer relationships. They work hard to keep technologies exciting and relevant to current markets.

As you decide if opening a Century 21 Real Estate franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Century 21 Real Estate franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

Find Your Perfect Franchise

Company Overview

About Century 21

Industry Services (Other)
Related Categories Real Estate
Founded 1971
Parent Company Anywhere Real Estate Inc.
Leadership Mike Miedler, President & CEO
Corporate Address 175 Park Ave.
Madison, NJ 07940
Social Facebook, Twitter, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 1972 (52 years)
# of employees at HQ 68
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 11,141 (as of 2024)

Information for Franchisees

Here's what you need to know if you're interested in opening a Century 21 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 Information Circle
$0 - $25,000
Initial Investment Information Circle
$32,870 - $466,300
Net Worth Requirement Information Circle
$150,000
Cash Requirement Information Circle
$75,000
Veteran Incentives Information Circle
Franchise fee waived or reduced
Royalty Fee Information Circle
6%
Ad Royalty Fee Information Circle
0.5%
Term of Agreement Information Circle
10 years
Is franchise term renewable? No
Take Our Free Franchise Quiz!

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 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 34 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Franchise 500 Ranking History

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

Additional Rankings

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

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Century 21.

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

The International Franchise Association Tops the 2024 Trade Association Rankings — Here's What It's Doing Right

The findings are part of APCO's 10th annual TradeMarks study, which surveyed over 330 congressional staffers, government officials and business leaders last summer.

Franchise

What I Learned About Leadership as a NCAA Division 1 Soccer Referee

In the high-pressure moments of Division 1 soccer games, I've made split-second decisions — a skill that is invaluable in business. Here are some key leadership lessons from my experiences.

Franchise

'My All-Time Favorite Menu Item': See Which '90s Fan Favorite Taco Bell Just Brought Back

The fast-food giant quietly revived a beloved menu item from the '90s. But this fan favorite is only back for a limited time.

Franchise

How to Create Franchise Videos That Inspire — And Convert Interest Into Action

The best franchise videos don't just inform, they connect emotionally. To capture those kinds of stories, you need to do more than just scripted interviews and staged office shots.

Franchise

How Setting Clear Financial Goals Can Transform Your Business and Personal Success

Dive in to refresh your core financial competencies — from cash flow management to understanding key financial statements.

Franchise

McDonald's Is Launching the Highly Anticipated Chicken Big Mac in the U.S. — Here's When

The sandwich was a massive hit in the United Kingdom, selling out in just 10 days during its limited run in 2022.

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022