Weichert Real Estate Affiliates Inc.
#285 Franchise 500| Real estate

Weichert Real Estate Affiliates Inc.
Real estate

About
Founded

1969

Franchising Since

2000 (20 Years)

Corporate Address

225 Littleton Rd.
Morris Plains, NJ 07950

Leadership

Denise Smith, CEO

Financial Requirements
Initial Investment

$62,500 - $324,700

Net-worth Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Email marketing

Classroom Training:

30.25 hours

Additional Training:

Annual conference; quarterly workshops (local)

Absentee Ownership Allowed
Number of Employees Required to Run:

5

Weichert Real Estate Affiliates Inc. is ranked #285 in the Franchise 500!
Bio
Jim Weichert opened his first real estate office in Chatham, New Jersey, in 1969. He began franchising in 2000, and today the company is based in Morris Plains, New Jersey. Franchisees help customers buy and sell both residential and commercial real estate, and streamline the delivery of mortgages and home and title insurance.
Cost
Initial Investment: Low - $62,500 High - $324,700
Units
-0.4%-2 UNITS (1 Year) +6.7%+30 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 5th, 2019