ERA

ERA

ERA Franchise Systems LLC offers franchises for real estate brokerage offices that provide residential real estate brokerage services, commercial real estate services, and limited property management services from specified locations under the ERA® brand and marketing system. Franchisees, primarily owners of existing real estate brokerages or qualifying new ones, access brand resources, productivity tools, education, referrals, and marketing support funded by the brand marketing fund. The business model relies on initial franchise fees, ongoing royalties, and shared services from affiliates, targeting real estate brokers in the United States seeking established brand affiliation.

444
Locations
$33K–$260K
Investment
Since 1972
Franchising
Real Estate BrokerageMadison, NJAnywhere Real Estate Inc.www.era.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$33,370 $259,800
Low: $33,370High: $259,800
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.50%
Item 6 of FDD
Fixed Monthly Fees
$83 – $667
Item 6 of FDD

6% royalty + 1.5% BMF (0.5% over $4M annual Gross Revenue) + $83-$667/mo potential software maintenance and Leads Engine fees

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 ERA Compares


Key Insights

  • Top 10 largest franchise system in Real Estate Brokerage
FranchiseInvestmentFeeRoyaltyLocations
ERA
Current
$33K – $260K$25K6.0%444
Century 21 Real Estate LLC$35K – $279K$25K6.0%1,734
Century 21 Real Estate$35K – $279K$25K6.0%1,734
SOTHEBY'S INTERNATIONAL REALTY$46K – $325K$25K6.0%666
ERA$33K – $260K$25K6.0%444
REALTY ONE GROUP$47K – $228K$25K0.0%410
Real Estate Brokerage Average
20 franchises
$48K – $296K$26K5.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 20 Real Estate Brokerage franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1FL
55
2NY
53
3TX
21
4SC
20
5MA
20
6OH
19
7CA
18
8GA
16
9NC
15
10AL
14
11PA
14
12NJ
13
13IN
13
14MI
13
15MT
12

+31 more states

Franchisee Contacts


496 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

496 Contacts Available

Unlock all ERA franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases4

Primarily collection of unpaid fees, trademark infringement post-termination, breach of contract, and related counterclaims by former franchisees for breach of contract, good faith, and fraud.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
4
Reacquired
0
Ceased Ops
41
Transfers
3
Sold to Franchisees
0
Projected New
43

Frequently Asked Questions


The total initial investment to open a ERA franchise ranges from $33,370 to $259,800. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.

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