Corcoran

Real estate
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2024 Franchise 500 Rank
N/R Ranked #239 last year
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Initial investment
$53K - $541K
Units as of 2022
151 Increase 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
Social Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest

Business Overview

Franchising Since 2019 (5 years)
# of employees at HQ 141
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises 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.

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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