Corcoran

Real estate
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Franchise 500 2023
2023 Franchise 500 Rank
#239 Ranked #297 last year
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Initial investment
$53K - $541K
Units as of 2022
151 arrow up 480.8% over 3 years

Company Overview

About Corcoran

Industry
Services (Other)
Related Categories
Real Estate
Founded
1973
Parent Company
Anywhere Real Estate Inc.
Leadership
Stephanie Anton, President
Corporate Address
175 Park Ave.
Madison, NJ 07940

Business Overview

Franchising Since
2019 (2023-2019 years)
# of employees at HQ
141
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units
151 (as of 2022)

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 Information Circle
$5,000 - $25,000
Initial Investment Information Circle
$52,850 - $540,800
Net Worth Requirement Information Circle
$150,000
Cash Requirement Information Circle
$75,000
Veteran Incentives Information Circle
Franchise fee reduced or waived; additional business benefits
Royalty Fee Information Circle
6-4%
Ad Royalty Fee Information Circle
1-0.5%
Term of Agreement Information Circle
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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
No
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Franchise 500 Ranking History

Compare where Corcoran 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 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