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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.

Since 1972Real Estate BrokerageMadison, NJAnywhere Real Estate Inc.www.era.com
No 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
$33,370 - $259,800
Franchise Fee
$25,000
Locations
444

Financial Requirements

Franchise Fee$25,000
Initial Investment Range$33,370 - $259,800
Royalty Rate6.00%
Brand Fund1.50%
Fixed Monthly Fees$83 - $667

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

Franchise Stats

Franchise Locations444
Corporate Locations0
States Operating47
Franchising Since1972
FDD Year2025

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 to Other Real Estate Brokerage Franchises

Key Insights

  • Top 10 largest franchise system in Real Estate Brokerage
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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 by Outlet Count
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

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496 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.

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Due Diligence

Litigation (Item 3)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
3
Non-Renewals
4
Reacquired by Franchisor
0
Ceased Operations (Other)
41
System Transfers
3
Sold to Franchisees
0
Projected New Franchises
43

Frequently Asked Questions

How much does it cost to open a ERA franchise?

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.

How many ERA franchise locations are there?

As of the 2025 FDD, ERA has 444 franchise locations. The company has been franchising since 1972.

Is ERA a good franchise to buy?

ERA shows several positive indicators: established brand with 444+ 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 ERA?

Talk to a franchise advisor to get personalized guidance and learn if ERA is the right fit for you.

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