Weichert Real Estate Affiliates, Inc.
225 Littleton Road Morris Plains, New Jersey 07950
Weichert Real Estate Affiliates, Inc. is a Delaware corporation incorporated in June, 2001. They do business under the names “WEICHERT®” and “WEICHERT, REALTORS®.” Their principal business address is 225 Littleton Road, Morris Plains, New Jersey 07950.
You will operate one or more Weiehert Offices providing residential real estate brokerage Services and related services, programs and products., If you wish, you may also provide non- residential real estate brokerage services and related services, programs and products. We expect that most Of our franchisees will have existing real estate brokerage offibes which they convert to Weichert Offices. When you sign the Franchised Agreement, you Or a person you designate must be a real estate broker duly licensed under all applicable laws, rules and regulations of the Territory (your “Responsible Broker”). The Initial Franchise Fee will entitle you to operate one Weichert Office If you wish to convert an Additional Office in the Territory to a Weichert Office or open ari Additional Office in the Territory, and you receive pyr approval before you and we sign the Franchise Agreement, then you pay us an Additional Office Fee of $12,500 for each additibnal Office. If you wish to open any Additional Offices which we have not approved before you and we sign the Franchise Agreement, then, if we approve the Additional Officeyou propose, you must sign our then current form of franchise agreement for the Additional Office, and you must pay us our then-current Additional Office Fee when you sign the franchise agreement for the Additional Office. If you wish to open a “Seasonal Office" which by definition is an Additibnal Office which may beiclOsed ho more than six months per calendar year with our prior written approval, you must sign our then-eurrent fbrmjof franchise agreement for the Seasonal Office, and you must pay us otir theh-current Additional Office Fee when you sign the franchise agreement for the Seasonal Office.
5 Ongoing Lawsuits
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Franchimp Summary Rating
3/10
Investment Accessibility
3/10
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Upfront Franchise Fees
Minimum: $25,000 Maximum: $25,000
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $62,500 Maximum: $326,200
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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