Coldwell Banker

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Business Services
Broker/Realtor

Coldwell Banker

Business Services
Broker/Realtor

Coldwell Banker Franchise FDD, Costs & Fees (2025)

Coldwell Banker is a real estate franchise providing professional real estate services for buying, selling, and renting properties, known for its global reach and expertise.

Coldwell Banker is a leading American real estate franchise brand founded in 1906 in San Francisco by Colbert Coldwell, Albert Tucker, and John Lynch. Benjamin Banker joined as a partner in 1913, and the company adopted the Coldwell Banker name by 1914.

The brand is headquartered in Madison, New Jersey, and operates under Anywhere Real Estate (formerly known as Realogy). Coldwell Banker began franchising in 1982 under the name Coldwell Banker Residential Affiliates, Inc.

Since then, it has expanded to nearly 3,000 offices in 49 countries and territories. The franchise provides a range of real estate brokerage services, including residential and commercial sales, leasing, property management, and luxury home marketing through its Coldwell Banker Global Luxury program.

What sets Coldwell Banker apart is its legacy of innovation and trust. It was one of the first real estate brands to adopt mobile apps, video marketing, and data-driven tools like CBx for pricing analysis.

Initial investment

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.

Type of Expenditure Amount
Initial Franchise Fee$0 – $25,000
Real EstateNot included in total
Leasehold Improvements$0 – $105,000
Building Signs$700 – $20,000
Yard Signs$2,000 – $5,500
Open House Signs$800 – $2,000
Miscellaneous Rider Signs$200 – $400
Name Badges$120 – $400
Miscellaneous$250 – $500
Printed Materials$5,100 – $7,500
Other Advertising (local)/Grand Opening Promotion$0 – $10,000
Coldwell Banker Global Luxury® Office Design Elements$0 – $70,000
Coldwell Banker Global Luxury® certification course (per person)$0 – $575
Insurance$500 – $4,000
Legal Expenses$0 – $4,000
Website$0 – $10,000
Multiple Listing Services$0 – $3,000
Data Feed Transmission$0 – $5,000
Computer Equipment and Electronic Data System$5,000 – $10,000
Facility and Space Planning$9,000 – $17,500
Furnishings and Communications Equipment$27,000 – $87,500
Security and Other Deposits$7,500 – $17,700
Prepaid Business Expenses$3,000 – $4,600
Additional Funds (first 3 months after opening)$50,000 – $100,000
Total Investment for New Start-Up Office$114,370 – $514,675
Type of Expenditure Amount
Initial Franchise Fee$0 – $25,000
Real EstateNot included in total
Leasehold Improvements$0 – $105,000
Building Signs$700 – $20,000
Yard Signs$2,000 – $5,500
Open House Signs$800 – $2,000
Miscellaneous Rider Signs$200 – $400
Name Badges$120 – $400
Miscellaneous$250 – $500
Printed Materials$5,100 – $7,500
Other Advertising (local)/Grand Opening Promotion$0 – $10,000
Coldwell Banker Global Luxury® Office Design Elements$0 – $70,000
Coldwell Banker Global Luxury® certification course (per person)$0 – $575
Insurance$500 – $4,000
Legal Expenses$0 – $4,000
Website$0 – $10,000
Multiple Listing Services$0 – $3,000
Data Feed Transmission$0 – $5,000
Computer Equipment and Electronic Data System$5,000 – $10,000
Facility and Space Planning$9,000 – $17,500
Furnishings and Communications Equipment$27,000 – $87,500
Security and Other Deposits$7,500 – $17,700
Prepaid Business Expenses$3,000 – $4,600
Additional Funds (first 3 months after opening)$50,000 – $100,000
Total Investment for New Start-Up Office$114,370 – $514,675

Franchise Disclosure Document

Number of units

Training

Coldwell Banker provides an extensive training program designed to prepare franchisees for effective operation within its real estate system. The training includes both required and optional components, offered through various formats to accommodate different learning preferences.

  1. Required Onboarding Training
    This includes courses such as Dash Training, Product & Program Overview, Desk Tools Deep Dive, and an Introduction to Learning, totaling approximately 5 to 7 hours. These sessions are conducted virtually and tailored to equip franchisees with essential operational tools.
  2. Optional Onboarding Training
    Franchisees may also participate in optional training, including Product and Program Deep Dives, Business Development Training, and more, offering 8 to 16 additional hours of content. These are intended to deepen understanding and provide strategic insights for business growth.
  3. Responsible Broker Training Requirement
    The Responsible Broker or their designated representative is required to attend the Training and Onboarding Program to ensure compliance and operational readiness.

Territory Protection

Coldwell Banker does not provide exclusive territory protection to its franchisees. Under the franchise agreement, franchisees will not receive any minimum area of protection or exclusive territorial rights.

The franchisor retains the right to operate or license competing outlets in the same market, which means franchisees may face competition from other Coldwell Banker franchisees or even company-owned offices.

However, in some cases, Coldwell Banker may choose to grant a limited protected area where no new franchises will be established for a set time, based on market conditions or other economic considerations.

KEY FRANCHISE STATS

All you need to know about this franchise

Started franchising
1982
Franchisees

?

1309
+
-6%
-6%
Franchise fee

?

$25,000
Investment

?

$114,000 - $515,000
Revenue (AUV)

?

Undisclosed
Upgrade

$0

+
n.a.
n.a.
Operating Profit

?

Upgrade

n.a.

Home based

?

No
Upgrade
No
Passive investment

?

No
Upgrade
No
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Competitors

Below are some of

Coldwell Banker

key competitors in the

Broker/Realtor

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Upgrade
Gross Profit
Upgrade
EBITDA
Upgrade

1309

New
+
-6%
-6%

$25,000

$114,000

$515,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

12

New
+
9%
9%

$125,000

$1,040,000

$1,968,000

n.a.

$11,520,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

89

New
+
7%
7%

$7,500 - $25,000

$63,000

$212,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

608

New
+
5%
5%

$5,000

$17,000

$222,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

42

New
+
282%
282%

$47,500

$120,000

$856,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

0

New
+
n.a.
n.a.

$49,500

$78,000

$156,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

63

New
+
66%
66%

$50,000

$131,000

$444,000

n.a.

$322,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

256

New
+
1%
1%

$25,000

$45,000

$90,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

106

New
+
361%
361%

$100,000

$122,000

$297,000

n.a.

$253,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

380

New
+
27%
27%

$19,000 - $25,000

$47,000

$228,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

45

New
+
-6%
-6%

$25,000

$45,000

$259,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

190

New
+
8%
8%

$35,000

$177,000

$424,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

86

New
+
562%
562%

$49,500

$59,000

$258,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
n.a.
n.a.

$100,000

$177,000

$298,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

30

New
+
400%
400%

$15,000

$23,000

$59,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

38

New
+
-3%
-3%

$35,000

$64,000

$443,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

8

New
+
14%
14%

$35,000

$61,000

$162,000

n.a.

$92,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

103

New
+
81%
81%

$25,000

$31,000

$159,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

178

New
+
13%
13%

$20,000

$66,000

$205,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

73

New
+
0%
0%

$35,000

$145,000

$386,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

62

New
+
138%
138%

$49,000

$68,000

$170,000

n.a.

$220,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

6

New
+
n.a.
n.a.

$59,500

$114,000

$185,000

n.a.

$1,707,000

$xxx,xxx

72.2%

xx%

n.a.

n.a.

xx%

n.a.

37

New
+
147%
147%

$42,500

$92,000

$186,000

n.a.

$1,447,000

$xxx,xxx

13.0%

xx%

n.a.

n.a.

xx%

n.a.

63

New
+
13%
13%

$45,000

$72,000

$170,000

n.a.

$271,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

444

New
+
-6%
-6%

$25,000

$82,000

$447,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

297

New
+
-9%
-9%

$25,000

$77,000

$360,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

447

New
+
15%
15%

$59,900

$92,000

$234,000

n.a.

$226,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

10

New
+
0%
0%

$25,000

$49,000

$201,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

109

New
+
43%
43%

$25,000

$138,000

$545,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

47

New
+
-8%
-8%

$40,000

$236,000

$308,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

1734

New
+
-7%
-7%

$25,000

$116,000

$466,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

287

New
+
8%
8%

$30,000

$48,000

$401,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

14

New
+
-13%
-13%

$15,000

$25,000

$43,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

24

New
+
20%
20%

$25,000

$151,000

$360,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

766

New
+
-4%
-4%

$35,000

$182,000

$336,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

4

New
+
n.a.
n.a.

$20,000

$22,000

$81,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

29

New
+
-19%
-19%

$25,000

$210,000

$855,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

44

New
+
47%
47%

$20,000

$59,000

$207,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

299

New
+
-1%
-1%

$25,000

$271,000

$1,171,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

402

New
+
7%
7%

$64,900

$77,000

$154,000

n.a.

$156,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

123

New
+
34%
34%

$57,000

$57,000

$113,000

n.a.

$204,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

6

New
+
-14%
-14%

$10,000

$51,000

$115,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

54

New
+
42%
42%

$45,000

$112,000

$229,000

n.a.

$402,000

$xxx,xxx

n.a.

xx%

n.a.

17.1%

xx%

n.a.

0

New
+
-100%
-100%

$25,000

$70,000

$164,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

36

New
+
177%
177%

$14,000 - $112,000

$23,000

$1,287,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

46

New
+
28%
28%

$6,250 - $27,500

$18,000

$235,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
-29%
-29%

$15,000

$23,000

$106,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

40

New
+
-41%
-41%

$17,750

$30,000

$68,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

148

New
+
-21%
-21%

$18,000

$60,000

$195,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

368

New
+
-7%
-7%

$25,000

$82,000

$450,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

54

New
+
-5%
-5%

$10,000

$15,000

$182,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

124

New
+
-11%
-11%

$44,900

$69,000

$80,000

n.a.

$181,000

$xxx,xxx

75.9%

xx%

n.a.

n.a.

xx%

n.a.

5

New
+
n.a.
n.a.

$49,900

$59,000

$229,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

136

New
+
-1%
-1%

$30,000

$34,000

$129,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

1082

New
+
-6%
-6%

$85,000

$109,000

$461,000

n.a.

$343,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

83

New
+
-15%
-15%

$15,000

$20,000

$72,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

46

New
+
64%
64%

$49,900

$66,000

$108,000

n.a.

$263,000

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Windermere Real Estate

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Franchisees

?

299
+
-1%
-1%
Investment

?

$271,000 - $1,171,000
Business Services
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Intero Real Estate Services

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Franchisees

?

29
+
-19%
-19%
Investment

?

$210,000 - $855,000
Business Services
Broker/Realtor

Valbridge

Valbridge is a valuation-services franchise offering real-estate appraisal, review and consulting services for commercial and residential markets, serving lenders, brokers and property-owners, and known for national network, compliance focus and high-quality data standards.

Franchisees

?

0
+
-100%
-100%
Investment

?

$70,000 - $164,000
Business Services
Broker/Realtor

Harcourts

Harcourts is a real-estate brokerage franchise offering residential and commercial brokerage services, serving property buyers, sellers and agents, and known for innovative tools, global network backing and culture focused on growth and professionalism.

Franchisees

?

24
+
20%
20%
Investment

?

$151,000 - $360,000
Business Services
Broker/Realtor

Iron Valley

Iron Valley Real Estate is a real estate franchise offering brokerage services and agent support systems, serving buyers, sellers, and real estate professionals, and known for its agent-centric commission model, low startup costs, and modern technology.

Franchisees

?

44
+
47%
47%
Investment

?

$59,000 - $207,000
Business Services
Broker/Realtor

Watters International Realty

Watters International Realty is a real estate franchise offering comprehensive services for buying and selling homes, known for its innovative marketing strategies and client-focused approach.

Franchisees

?

10
+
0%
0%
Investment

?

$49,000 - $201,000
Business Services
Broker/Realtor
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