Motto Mortgage

Motto Mortgage

Mortgage brokerages
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2021 Franchise 500 Rank
#147 Ranked #395 last year
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Initial investment
$53K - $74K
Units as of 2020
130 319.4% over 3 years

Company Overview

About Motto Mortgage

Founded
2016
Parent Company
RE/MAX
Leadership
Ward Morrison, President
Ticker Symbol
RMAX

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
48
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
130 (as of 2020)

Franchisor Information

Corporate Address
5075 S. Syracuse St.
Denver, CO 80237

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Motto Mortgage 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
$30,000 - $31,500
Initial Investment
$52,800 - $73,800
Royalty Fee
to $4.5K/mo.
Ad Royalty Fee
$300/mo.
Term of Agreement
7 years
Is franchise term renewable?
Yes

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
20 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

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

Franchise 500 Ranking History

Compare where Motto Mortgage landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Motto Mortgage ranked on other franchise lists? Find out below.

Ranked #147

Franchise 500 Ranking

Ranked #71

Fastest-Growing Franchises

Ranked #15

Top New Franchises

Ranked #83

Fastest-Growing Franchises (U.S. & Canada)

Ranked #13

Top Franchises for Less Than $100,000

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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