Howard Hanna Real Estate

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Howard Hanna Real Estate

Howard Hanna Real Estate Franchise FDD, Costs & Fees (2025)

Howard Hanna Real Estate provides comprehensive real estate services, offering expert support for buying, selling, and renting properties with a focus on customer satisfaction and market expertise.

Founded in 1957 by Howard and Anne Freyvogel Hanna, Howard Hanna Real Estate Services started as a single office in Pittsburgh, Pennsylvania. Over the decades, it has grown into the largest family-owned and -operated real estate brokerage in the United States.

The company’s headquarters remain in Pittsburgh, reflecting its strong community roots. In 2010, Howard Hanna began franchising, allowing entrepreneurs to join its expanding network.

Howard Hanna offers a full range of real estate services, including residential and commercial sales, mortgage financing, title and escrow services, and insurance. This all-in-one approach creates a smooth experience for clients from start to finish.

What makes Howard Hanna stand out is its focus on innovation and agent success. Exclusive offerings like the 100% Money Back Guarantee and the Buy Before You Sell program provide added value to clients.

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 $25,000
Branch Office Fee $0 to $10,000
Training Fees $0 to $1,500
Leasehold Improvements $0 to $50,000
Real Estate (3 months’ rent and security deposit) $2,500 to $25,000
Furniture, Fixtures and Equipment (including Computer Equipment and related Software) $0 to $50,000
Signage $2,500 to $25,000
Miscellaneous Opening Costs $3,000 to $30,000
Opening Inventory $4,000 to $12,000
Additional Funds (3 months) $8,000 to $30,000
Totals $45,000 to $258,500
Type of Expenditure Amount
Initial Franchise Fee $25,000
Branch Office Fee $0 to $10,000
Training Fees $0 to $1,500
Leasehold Improvements $0 to $50,000
Real Estate (3 months’ rent and security deposit) $2,500 to $25,000
Furniture, Fixtures and Equipment (including Computer Equipment and related Software) $0 to $50,000
Signage $2,500 to $25,000
Miscellaneous Opening Costs $3,000 to $30,000
Opening Inventory $4,000 to $12,000
Additional Funds (3 months) $8,000 to $30,000
Totals $45,000 to $258,500

Franchise Disclosure Document

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Competitors

Below are some of

Howard Hanna Real Estate

key competitors in the

Broker/Realtor

sector.

Started franchising
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Franchise fee

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Royalty fee

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
Howard Hanna Real Estate
2010
45
+
-6%
-6%
$25,000
2% - 6%

$45,000

-

$259,000

n.a.

$0

Upgrade

n.a.

n.a.

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n.a.

n.a.

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2017
10
+
0%
0%
$25,000
6% - 10%

$49,000

-

$201,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes
2001
4
+
n.a.
n.a.
$20,000
8.00%

$22,000

-

$81,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No
2019
62
+
138%
138%
$49,000
8.00%

$68,000

-

$170,000

Upgrade

n.a.

$220,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
Yes
Upgrade
Yes
2011
38
+
-3%
-3%
$35,000
3% - 6%

$64,000

-

$443,000

Upgrade

n.a.

$0

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
1999
12
+
9%
9%
$125,000
4.00%

$1,040,000

-

$1,968,000

Upgrade

n.a.

$11,520,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
2019
63
+
66%
66%
$50,000
4% - 9%

$131,000

-

$444,000

Upgrade

n.a.

$322,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Yes
Upgrade
Yes
No
Upgrade
No

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Training

Howard Hanna provides a structured training regimen to ensure franchisees and their teams are equipped to run operations effectively. The training programs include:

  1. Hanna Franchise Services Orientation: This core training is mandatory for the franchisee and one designated staff member. It is held at Howard Hanna’s headquarters in Pittsburgh or another approved location, and it must be completed within 90 days of the franchise commencement date. The program covers company philosophy, marketing tools, the leads program, and internal systems.
  2. Supplementary Training Modules: Subjects such as Company Philosophy (2 hours), Web Marketing Tools (5 hours), Leads Program (1 hour), Hanna U (1 hour), and System Programs (6 hours) are delivered primarily through in-office sessions. The instructors are experienced professionals with a minimum of one year in their fields.
  3. Additional and Ongoing Training: Franchisees and their staff may be required to attend future training sessions or webinars at Howard Hanna’s discretion. These can be hosted at corporate offices or virtually, and participation is expected to keep franchisees aligned with evolving standards and technologies.

Territory Protection

Howard Hanna offers its franchisees a defined Protected Area to operate within. This area is generally a circle with a three-mile diameter centered on the franchise’s approved office location.

As long as the franchisee remains in full compliance with the agreement, Howard Hanna agrees not to license or operate another brokerage business within this Protected Area.

However, this protection is non-exclusive and does not prevent other franchisees or company-owned outlets from conducting sales activities within that area. There are no restrictions on the franchisor or others using different channels of distribution, such as the Internet or telemarketing, to solicit customers in or near the Protected Area.

Number of units

2024
Franchised units

48

49

45

Company-owned units

303

409

410

Total units

351

458

455

Competitors

Watters International Realty

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10
+
0%
0%
Investment

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$49,000 - $201,000

PropertyGuys.com

Franchisees

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4
+
n.a.
n.a.
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$22,000 - $81,000

Grand Welcome

Franchisees

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62
+
138%
138%
Investment

?

$68,000 - $170,000

Christie's International Real Estate

Franchisees

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38
+
-3%
-3%
Investment

?

$64,000 - $443,000

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