ERA Real Estate Franchise Analysis

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ERA Real Estate is graded based on our most recent FDD research!

Franchise Info

ERA Real Estate is a customer-first, uniquely collaborative real estate brokerage service provider utilizing innovative solutions, smarter support and shared expertise.

How much does an ERA Real Estate business cost to open?

ERA Real Estate has an initial franchise fee of up to $25,000, with a overall initial investment range of $108,850 to $432,550.

  • Initial Franchise Fee: $25,000
  • Total Investment: $108,850 to $432,550
  • Working Capital: $35,000 to $60,000
  • Royalty Fee: 6.0%

The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy an ERA Real Estate, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

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How much does an ERA Real Estate owner make?

As with any new business, the franchise owner's salary and the profits from a ERA Real Estate business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a ERA Real Estate franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's income are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal salary

For additional information and franchise specific on the profits of an ERA Real Estate franchise opportunity, unlock this franchise

How many franchise locations does ERA Real Estate franchise system have?

As of the 2020 Franchise Disclosure Document, there are 482 franchised ERA Real Estate locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any ERA Real Estate franchise opportunities near me?

Based on 2020 FDD analysis, ERA Real Estate has franchised locations in 44 states. There may be no locations in several states as each franchise company plans their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.

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Based on the data collected this franchise opportunity is growing into new locations and might be available in your city.

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Last Reviewed: 2020

Sector: Real Estate

Category: Brokerage

ERA Real Estate Franchise INFORMATION

Total Investment
$108,850 - $432,550
Franchise Fee
$25,000
Franchise agreement
Initial Term
10 Years
Renewal Term
1 Years
Franchise outlet growth
2013
538
2019
482
Ongoing fees
Royalty
6.0%
ad fees
1.5%
# of franchised outlets
482

EXTRA INFORMATION

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 11.50 hours. This includes 11.50 hours of classroom training, 0 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 0
Classroom 11.50
Total 11.50

Do they provide Territory Rights?

ERA Real Estate does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for important details.

Do they have marketing and technology support in place?

Yes, ERA Real Estate offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did ERA Real Estate start franchising?

They began franchising in 2002. The average Brokerage franchise began franchising in 2006.


Do they offer lending options?

Yes. They offer certain financing options within Item 10 of their FDD.

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