ERA Real Estate

ERA Real Estate

Real estate
Find out what franchise is right for you
2021 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$27K - $433K
Units as of 2020
2,287

Company Overview

Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

About ERA Real Estate

Industry
Services (Other)
Related Categories
Real Estate
Founded
1971
Parent Company
Realogy Holdings Corp.
Leadership
Sherry Chris, President & CEO

Franchising Overview

Franchising Since
1972 (49 years)
# of employees at HQ
20
# of Units
2,287 (as of 2020)

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 ERA Real Estate 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
$27,350 - $432,550
Net Worth Requirement
$150,000
Cash Requirement
$75,000
Veteran Incentives
Franchise fee waived
Royalty Fee
6%
Ad Royalty Fee
0.5-1.5%
Term of Agreement
10 years
Is franchise term renewable?
No

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
ERA Real Estate 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
11-12 hours
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
No

Franchise 500 Ranking History

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

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to ERA Real Estate.

Renew Crew

Renew Crew

Environmentally-friendly exterior surface cleaning

Related Franchise Content

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

Taco Bell is Rolling Out A Subscription Service That Will Give Fans a Taco a Day

The chain announced that it will be rolling out its new Taco Lover's Pass at select locations.

Emily Rella

These Mexican wings triumph in the home of the Buffalo Bills

Wings Army won first place in the BBQ category at the National Buffalo Wing Festival in the United States. In addition, it was recognized in Brussels, Belgium.

This Executive Learned the Secret to Productive Meetings While Working in the Kitchen at Pizza Hut

Without energy, even the best-planned meeting can fall flat. One surefire way to energize your meetings, whether online or in-person? Recognition.

Milind Pant

Starbucks: This is how Car Pick-up works, the new exclusive benefit for Starbucks Rewards members

The new Car Pick-up mode will be available exclusively to Starbucks Rewards members and here we tell you how it works.

A McDonald's manager just smashed the dreams of tens of thousands of customers

Despite desperate pleas, a beloved menu item won't be returning anytime soon, according to a representative for the fast food chain.

Emily Rella

5 Lessons Learned From My First 6 Months as a Franchisor

The time is now to over-invest in your franchisees.

JC Hite

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