@properties Franchise FDD, Costs & Fees (2025)

@properties is a real estate brokerage franchise offering residential sales, marketing technology, and agent support systems, serving independent broker-owners and high-performing agents, and known for proprietary pl@tform technology, design-driven branding, and culture-centric offices that help local brokerages scale efficiently.

KEY FRANCHISE STATS

Franchisees

?

3
+
-40%
-40%
Franchise fee

?

$35,000
Investment

?

$64,000 - $433,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.

@properties is a full-service real estate franchise and brokerage brand focused on residential and commercial property services. The company was founded in 2000 in Chicago, Illinois, by real estate professionals Mike Golden and Thad Wong.

It was created to modernize the traditional brokerage model through innovation, branding, and agent-centric tools. Over time, the brand has grown into one of the largest independent real estate firms in the United States.

The @properties franchise is headquartered in Chicago, Illinois, and operates with a strong emphasis on technology and operational efficiency. The brand developed a proprietary technology ecosystem known as pl@tform™, which integrates marketing, transaction management, data analytics, and client relationship tools.

This system allows agents and franchisees to manage listings, clients, and deals more efficiently. Technology remains a core pillar of the company’s growth strategy.

@properties officially began franchising in 2020, expanding its brokerage model to independent real estate owners nationwide.

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 $35,000
Initial Training Expenses $1,000 to $10,000
Leasehold Improvements $0 to $150,000
Rent and Security Deposit $3,000 to $10,000
For Sale Signage $1,000 to $25,000
Office Signage $250 to $5,000
Equipment and Furniture $7,500 to $50,000
Computers and Software $2,500 to $10,000
Start-up Supplies and Inventory $5,000 to $10,000
Insurance $1,500 to $25,000
Professional Fees $1,500 to $5,000
Utilities $350 to $2,500
Licensing Costs $500 to $2,500
Data Feed Transmission $250 to $3,000
Additional Funds – 3 Months $5,000 to $90,000
Total $64,350 to $433,000
Type of Expenditure Amount
Initial Franchise Fee $35,000
Initial Training Expenses $1,000 to $10,000
Leasehold Improvements $0 to $150,000
Rent and Security Deposit $3,000 to $10,000
For Sale Signage $1,000 to $25,000
Office Signage $250 to $5,000
Equipment and Furniture $7,500 to $50,000
Computers and Software $2,500 to $10,000
Start-up Supplies and Inventory $5,000 to $10,000
Insurance $1,500 to $25,000
Professional Fees $1,500 to $5,000
Utilities $350 to $2,500
Licensing Costs $500 to $2,500
Data Feed Transmission $250 to $3,000
Additional Funds – 3 Months $5,000 to $90,000
Total $64,350 to $433,000

Franchise Disclosure Document

Create an account to access and download this FDD. For more information, see our plans here.

Number of units

Training

@properties offers a detailed training program designed to ensure that franchisees and their teams are well-prepared to operate in line with the brand’s expectations. The training includes the following components:

Initial Training Program
Franchisees are required to have their Responsible Broker, Office Broker, Marketing Director, and Agent Support Director complete the franchisor's initial training program. This training, which includes both classroom and hands-on components, takes place in Chicago, IL, and covers topics such as branding, marketing, software usage, recruiting, and office setup. The training is provided at no charge, though the franchisee must cover all associated travel, lodging, and meal expenses.

Additional and Ongoing Training
@properties may require franchisees or their staff to attend additional training sessions, refresher courses, or conferences. These may take place online or in person and could involve a fee based on the franchisor’s current rates. Attendance at such sessions is sometimes mandatory and considered essential for staying aligned with operational standards.

Specialized Programs
The franchisor may also develop supplementary programs such as "@academy" for real estate agents or "Founder Mentoring" for senior leadership. These programs are designed to provide targeted skills and mentorship and may be introduced at the franchisor’s discretion. Participation in these programs may involve additional requirements and expenses for the franchisee.

Territory Protection

@properties may grant a Protected Territory to its franchisees, typically defined by zip codes, counties, or geographic designations. Within this area, the franchisor will not establish or license other @properties businesses, as long as the franchisee complies with the agreement.

However, the agreement clearly states that franchisees will not receive an "exclusive" territory, and the franchisor reserves the right to grant licenses and operate other businesses under different trademarks.

Franchisees may operate outside of their Protected Territory only within the U.S., and only if services originate from their approved office. However, the franchisor or its affiliates may still provide services within a franchisee’s Protected Territory as long as those services originate from outside it.

Competitors

Below are some of

@properties

key competitors in the

Broker/Realtor

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

3

New
+
-40%
-40%

$35,000

$64,000

$433,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

@properties

@properties is a real estate brokerage franchise offering residential sales, marketing technology, and agent support systems, serving independent broker-owners and high-performing agents, and known for proprietary pl@tform technology, design-driven branding, and culture-centric offices that help local brokerages scale efficiently.

Franchisees

?

3
+
-40%
-40%
Investment

?

$64,000 - $433,000

3% Realty

3% Realty is a real estate brokerage franchise offering full-service residential listing and buyer representation at a flat three-percent commission, serving cost-conscious home sellers and buyers, and known for streamlined systems, MLS exposure, and Canada-wide recognition as a lower-commission brand.

Franchisees

?

12
+
71%
71%
Investment

?

$29,000 - $61,000

Assist-2-Sell

Assist-2-Sell is a real estate brokerage franchise offering full-service, flat-fee home listing and buyer representation, serving residential sellers and buyers, and known for discount commissions, strong marketing systems, and a proven model that competes with traditional high-commission brokerages.

Franchisees

?

109
+
-13%
-13%
Investment

?

$14,000 - $439,000

Windermere Real Estate

Windermere Real Estate is a real-estate brokerage franchise offering home-buying, selling and leasing services across multiple states, serving agents and clients, and known for community-centred culture, advanced marketing tools and proven franchise systems.

Franchisees

?

299
+
-1%
-1%
Investment

?

$271,000 - $1,171,000

Intero Real Estate Services

Intero Real Estate Services is a real-estate brokerage franchise offering full-service buying, selling and leasing of homes and commercial properties, serving agents and clients, and known for strong training, agent-centric model and technology-enabled branding.

Franchisees

?

29
+
-19%
-19%
Investment

?

$210,000 - $855,000

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

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