Franchimp Summary Rating
Lower than 41% of peers
Higher than 88% of peers
Franchise Summary
Description
The franchised business being offered is CENTURY 21® real estate sales offices, which authorize you to operate a real estate sales office using their service mark and system.
Company Background
Century 21 Real Estate is the world's largest real estate company. We are a leading provider of brokerage, property management, valuation and appraisal services for residential and commercial properties.
Franchise Opportunity
Owning a home is the American Dream. But buying and selling homes can be stressful, time-consuming and costly. CENTURY 21 Real Estate Agents are here to help you buy or sell your home with expert guidance from start to finish. Whether you're looking for an agent to help you find a new home or sell your current one, we have solutions that fit every need and budget. Our agents are trained in all aspects of real estate, including financing options like mortgages, FHA loans and reverse mortgage loans. We also offer professional photography services at no cost so that your listing will stand out from the competition on MLS(R) systems across the country! Choose CENTURY 21 Real Estate's proven track record as America's #1 real estate brand when it comes to finding buyers and sellers the right properties at the best prices possible! Visit us today online or call 1-800-CENTURY21 (1-800-236 879
Corporate Structure
The franchisor is Century 21 Real Estate LLC, a Delaware limited liability company, with its principal business address at 175 Park Avenue, Madison, New Jersey 07940. It is a wholly owned subsidiary of Compass.
Franchisee Attrition
This franchise's rate of attrition in 2017
of 5.01%
was
Slightly Lower
than the 6% in the Real Estate industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Franchise Types Available
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Employee Contact Database
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Distribution of Century 21 Franchisees
Century 21 Franchise System Development in 2025
FAQ
How much investment do I need to start my own Century 21 business?
Franchisees typically require at least $117,270 to $473,400 investment to get their Century 21 business started
What are the initial franchise fees for Century 21?
Franchisees typically need to pay at least $0 in fees directly to Century 21 in order to earn the right to launch their business
How much money can I make with a Century 21 franchise? What are
the average revenues for a typical Century 21 business?
We haven’t done the math on how much revenue a typical
Century 21 brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Century 21 to generate a similar amount
How long do I need to commit to running a Century 21 unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$117,270 to $473,400
which is
Much Higher
than the $0 to $0 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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