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

Weichert Real Estate Affiliates Inc.
Real estate

About
Founded

1969

Franchising Since

2000 (19 Years)

Corporate Address

225 Littleton Rd.
Morris Plains, NJ 07950

CEO

Denise Smith

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 #103 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
+6.0%+27 UNITS (1 Year) +15.1%+63 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

There's a Skilled Trade Labor Shortage. Can We Fix It?

How franchises are working to boost their workforce.

How Dubai Based Startup Uncle Fluffy Bakery Became A Global Franchise

The Uncle Fluffy brand now has the distinction of being franchised out to multiple geographies within three years of its existence, which makes one wonder of its secret sauce.

Licensing vs. Franchising: Which Path Is Right for You?

Here are three factors to help you determine how best to expand your business through franchising or licensing.

Being Laid Off was the Best Thing that Happened for This Travel Franchisee

How Sue Palenik turned a passion into a million-dollar business.

Want to Open a Business? Here Are 5 Reasons to Consider Franchising.

There's more than one way to become your own boss.

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