The franchise is for a real estate brokerage offering with defined real estate brokerage services from a specified location under the name CENTURY 21.
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
Century 21 Real Estate LLC is a Delaware limited liability company. They were originally incorporated as a corporation on September 17, 1979, and converted from a corporation to a limited liability company on December 28, 2004. They are a direct wholly owned subsidiary of Realogy Services Group LLC, a Delaware limited liability company. Their principal business address is 175 Park Avenue, Madison, New Jersey 07940.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Higher
than the % 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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Type
Investment
Fees
Employee Contact Database
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Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Century 21 Franchisees
Century 21 Franchise System Development in 2021
FAQ
How much investment do I need to start my own Century 21 business?
Franchisees typically require at least
$24,700 to
$459,250 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
$0 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
3 /10
The Franchisor's investment costs ranges from
$106,200 to $459,250
which is
Much Lower
than the $80,592 to $237,962 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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