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CENTURY 21 REAL ESTATE

CENTURY 21 REAL ESTATE

Century 21 Real Estate LLC offers franchises for real estate brokerage offices that provide residential real estate brokerage services, commercial real estate services, and limited property management services under the CENTURY 21® brand from specified locations. The business model involves granting franchises to owners of existing real estate brokerages (conversions) or, in select cases, new brokerages, providing access to proprietary systems, marketing, education, referrals, and support funded by franchise fees and contributions to the Brand Marketing Fund. The target market includes qualified real estate brokers seeking brand affiliation to enhance their operations in competitive residential and commercial real estate markets.

Since 1972Real EstateMadison, NJAnywhere Real Estate Inc.www.century21.com
2024 FDDNo Item 19

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$32,870 - $279,000
Franchise Fee
$25,000
Locations
1,807

Financial Requirements

Franchise Fee$25,000
Initial Investment Range$32,870 - $279,000
Royalty Rate6.00%
Brand Fund0.50%
Fixed Monthly Fees$140 - $230

6% royalty + 0.5% BMF. Key fixed ongoing fees approx. $140-$230/mo (software maintenance $1,000-$2,000/yr + One21 $685-$755/yr).

Franchise Stats

Franchise Locations1,807
Corporate Locations0
States Operating52
Franchising Since1972
FDD Year2024

Financial Performance

Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How CENTURY 21 REAL ESTATE Compares to Other Real Estate Services Franchises

Key Insights

  • Lower investment than 83% of Real Estate Services franchises
  • #1 largest franchise system in Real Estate Services
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
CENTURY 21 REAL ESTATE
Current
$33K - $279K$25K6.0%1,807
HOMEVESTORS$150K - $477K$85K3.0%981
KELLER WILLIAMS REALTY - REGIONAL REPRESENTATIVE$131K - $424KN/AN/A794
REAL PROPERTY MANAGEMENT$92K - $234K$60K7.0%447
PILLAR TO POST INC$103K - $134K$59K7.0%412
WIN HOME INSPECTION BUSINESS$38K - $46K$15K7.0%271
Real Estate Services Average
24 franchises
$153K - $305K$46K7.2%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 24 Real Estate Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1CA
195
2FL
145
3NY
106
4TX
105
5NJ
91
6MI
88
7PA
82
8IL
68
9WI
63
10MA
57
11NC
51
12VA
49
13OH
42
14GA
41
15IN
39

+36 more states

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases3

Primarily breach of contract, termination disputes, royalty/fee collection matters, and post-termination trademark compliance.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
52
Non-Renewals
5
Reacquired by Franchisor
0
Ceased Operations (Other)
115
System Transfers
95
Sold to Franchisees
5
Projected New Franchises
10

Frequently Asked Questions

How much does it cost to open a CENTURY 21 REAL ESTATE franchise?

The total initial investment to open a CENTURY 21 REAL ESTATE franchise ranges from $32,870 to $279,000. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.

How many CENTURY 21 REAL ESTATE franchise locations are there?

As of the 2024 FDD, CENTURY 21 REAL ESTATE has 1,807 franchise locations. The company has been franchising since 1972.

Is CENTURY 21 REAL ESTATE a good franchise to buy?

CENTURY 21 REAL ESTATE shows several positive indicators: established brand with 1,807+ locations. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in CENTURY 21 REAL ESTATE?

Talk to a franchise advisor to get personalized guidance and learn if CENTURY 21 REAL ESTATE is the right fit for you.

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