Weichert Real Estate Affiliates Inc.
Real estate
Weichert Real Estate Affiliates Inc.
Real estate
About
Founded
1969
Franchising Since
2000 (18 Years)
Corporate Address
225 Littleton Rd.
Morris Plains, NJ 07950
CEO
Denise Smith
Financial Requirements
Initial Investment ⓘ
$50,000 - $364,700
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
National Media
Regional Advertising
Social media
Email marketing
Classroom Training:
28.25 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 #139 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 - $50,000
High - $364,700
Units
+1.1%+5 UNITS (1 Year)
+17.1%+66 UNITS (3 Years)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
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