Christie’s International Real Estate is a premier global franchise specializing in luxury residential properties. Founded in 1987 as Great Estates, it was acquired by the famed Christie’s auction house in 1995 and rebranded under its current name in 2011.
The franchise is headquartered in Chicago, Illinois, and operates under the ownership of @properties, a leading U.S. real estate brokerage that acquired the brand in 2021.
The franchise provides a wide array of services focused on the sale and marketing of upscale homes, estates, and developments. With more than 400 offices and around 10,000 agents in nearly 50 countries, Christie’s International Real Estate offers extensive global coverage.
The brand began franchising to expand its international network, offering entrepreneurs an opportunity to tap into the high-end property market.
What sets Christie’s International Real Estate apart is its deep connection to the Christie’s auction house. This partnership grants access to a network of affluent collectors and buyers, enhancing marketing and positioning for premium properties.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
Christie’s International Real Estate provides a structured training program for its franchisees to ensure alignment with brand standards and operational procedures. The training includes several key elements:
Christie’s International Real Estate may grant a “Protected Territory” to franchisees, which typically consists of a list of zip codes, counties, or geographic areas specified in the License Agreement.
If granted, this protection prevents Christie’s or its affiliates from establishing another franchise within that territory for the duration of the agreement, provided the franchisee remains compliant. However, the License Agreement does not guarantee a Protected Territory in all cases. In situations where no Protected Territory is designated, the franchisee has no territorial exclusivity and may face competition from other Christie’s affiliates, company-owned locations, or competing brands.
Even within a Protected Territory, Christie’s retains rights to engage in various real estate activities through digital platforms or from locations outside the protected area, and to modify territorial policies as stated in the Operations Manual. Franchisees are also not given rights to subfranchise or expand without a new agreement.
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Below are some of
Christie's International Real Estate
key competitors in the
Broker/Realtor
sector.
38
$35,000
$64,000
$443,000
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PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
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$0
$xxx,xxx
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1 Percent Lists
Under $25K
30
$15,000
$23,000
$59,000
n.a.
$0
$xxx,xxx
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The Agency
$100K - $200K
42
$47,500
$120,000
$856,000
n.a.
$0
$xxx,xxx
n.a.
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n.a.
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