SOTHEBY'S INTERNATIONAL REALTY

SOTHEBY'S INTERNATIONAL REALTY

Sotheby’s International Realty franchises operate real estate brokerage offices offering defined brokerage services from specified locations under the prestigious Sotheby’s International Realty® brand. The business model involves paying initial franchise fees ranging from $0 to $25,000 and ongoing royalties to the franchisor for brand licensing, marketing support, and operational guidance. They primarily target luxury real estate markets, serving high-net-worth clients buying, selling, or renting premium properties.

666
Locations
$46K–$325K
Investment
Real EstateMadison, NJAnywhere Real Estate Inc.www.sothebysrealty.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$46,150 $324,850
Low: $46,150High: $324,850
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$250
Item 6 of FDD

6% royalty + 2% brand marketing fund + $1,000-$3,000/yr software maintenance fee

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 SOTHEBY'S INTERNATIONAL REALTY Compares


Key Insights

  • #3 largest franchise system in Real Estate Brokerage
  • One of the lowest SBA loan default rates in Real Estate Brokerage
FranchiseInvestmentFeeRoyaltyLocations
SOTHEBY'S INTERNATIONAL REALTY
Current
$46K – $325K$25K6.0%666
Century 21 Real Estate LLC$35K – $279K$25K6.0%1,734
Century 21 Real Estate$35K – $279K$25K6.0%1,734
ERA$33K – $260K$25K6.0%444
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
1CA
80
2FL
76
3NY
58
4MA
48
5NJ
45
6CO
33
7NC
22
8CT
21
9WA
20
10TX
19
11OR
18
12PA
16
13MD
14
14HI
13
15VA
13

+30 more states

SBA Loan History


Historical SBA 7(a) loan data for SOTHEBY'S INTERNATIONAL REALTY franchisees (20212024)

Total Loans
2
Average Loan
$515,000
Total Volume
$1.0M
Default Rate
0.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


712 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

712 Contacts Available

Unlock all SOTHEBY'S INTERNATIONAL REALTY franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

Non-renewal of franchise agreement, breach of contract, and related torts including constructive termination.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
1
Reacquired
0
Ceased Ops
25
Transfers
19
Sold to Franchisees
0
Projected New
36

Frequently Asked Questions


The total initial investment to open a SOTHEBY'S INTERNATIONAL REALTY franchise ranges from $46,150 to $324,850. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.

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Also includes FDDs for

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