Watters International Realty Franchise FDD, Costs & Fees (2026)
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.
KEY FRANCHISE STATS
Franchisees
?
10
+
0%
0%
Franchise fee
?
$25,000
Investment
?
$49,000 - $201,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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Founded in 2010 by Christopher Watters in Austin, Texas, Watters International Realty has emerged as a transformative force in the residential real estate sector. Headquartered at 6850 Austin Center Blvd., Suite 320, Austin, TX, the company began franchising in 2017 and has since expanded its footprint across the United States and Canada.
Watters International Realty specializes in residential real estate brokerage services, offering a comprehensive suite of solutions for home buyers and sellers. The franchise model is designed to empower agents with robust support systems, enabling them to deliver exceptional service and achieve high transaction volumes.
A distinguishing feature of Watters International Realty is its innovative team-based operating model. Unlike traditional real estate firms where agents manage all aspects of a transaction, Watters provides dedicated teams for marketing, inside sales, and transaction coordination.
Initial investment
The initial investment required for a Watters International Realty franchise is
$49,000 - $201,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
Type of Expenditure
Amount
Initial Fee
$15,000.00 – $35,000.00
Travel & Living Expenses While Attending Initial Training
$2,500.00
Rent (first 3 months)
$1,500.00 – $9,000.00
Security Deposit (2 months)
$1,000.00 – $6,000.00
Leasehold Improvements
$0.00 – $1,500.00
Furniture, Office Equipment & Software
$3,500.00 – $54,250.00
Signs
$500.00 – $7,000.00
Brokers Licenses
$500.00 – $2,000.00
National Association of REALTORS® dues
$250.00 – $1,500.00
Local Real Estate Board Fees
$250.00 – $1,500.00
Local MLS Memberships
$100.00 – $1,500.00
Grand Opening
$0.00 – $8,500.00
Marketing & Area Marketing Fee (3 months)
$7,500.00 – $14,000.00
Insurance
$2,500.00 – $10,000.00
Legal Fees
$1,000.00 – $5,000.00
Opening Inventory of Supplies
$10,000.00 – $20,000.00
Additional Funds (3 months)
$1,000.00 – $5,000.00
Miscellaneous Opening Costs
$1,000.00 – $5,000.00
Meetings, Conventions, and Other Events
$250.00 – $3,000.00
Total
$49,350 – $200,750
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Type of Expenditure
Amount
Initial Fee
$15,000.00 – $35,000.00
Travel & Living Expenses While Attending Initial Training
$2,500.00
Rent (first 3 months)
$1,500.00 – $9,000.00
Security Deposit (2 months)
$1,000.00 – $6,000.00
Leasehold Improvements
$0.00 – $1,500.00
Furniture, Office Equipment & Software
$3,500.00 – $54,250.00
Signs
$500.00 – $7,000.00
Brokers Licenses
$500.00 – $2,000.00
National Association of REALTORS® dues
$250.00 – $1,500.00
Local Real Estate Board Fees
$250.00 – $1,500.00
Local MLS Memberships
$100.00 – $1,500.00
Grand Opening
$0.00 – $8,500.00
Marketing & Area Marketing Fee (3 months)
$7,500.00 – $14,000.00
Insurance
$2,500.00 – $10,000.00
Legal Fees
$1,000.00 – $5,000.00
Opening Inventory of Supplies
$10,000.00 – $20,000.00
Additional Funds (3 months)
$1,000.00 – $5,000.00
Miscellaneous Opening Costs
$1,000.00 – $5,000.00
Meetings, Conventions, and Other Events
$250.00 – $3,000.00
Total
$49,350 – $200,750
Franchise Disclosure Document
Below is Watters International Realty's 2023 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.
Number of units
Watters International Realty had 10 total units in 2023, of which 10 were franchised-owned and 0 company-owned.
Frequently Asked Questions
What is the royalty fee?
The royalty fee for a Watters International Realty franchise is 6% - 10%. In addition, you would have to pay the advertising (or national brand fund) fee of 5.00%.
What is the total investment?
The initial investment required for a Watters International Realty franchise is $49,000 - $201,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
What is the initial franchise fee?
The initial franchise fee for a Watters International Realty franchise is $25,000. This is typically paid upfront as part of the total initial investment, after signature of the Franchise Agreeement.
Watters International Realty Franchise provides a structured training program to ensure its franchisees are fully prepared to operate their real estate business effectively. The franchise emphasizes both initial training and ongoing support to maintain high service standards.
Initial Training Program: Franchisees participate in an in-depth onboarding course covering essential areas such as business operations, marketing strategies, sales techniques, and technology systems. This program typically includes both classroom instruction and hands-on training at the Watters International Realty headquarters or a designated location.
Technology and Systems Training: The franchise offers specialized training on its proprietary tools and customer relationship management systems. This helps franchisees and their teams manage leads, listings, and transactions efficiently.
Ongoing Training and Support: Watters International Realty provides continuous learning opportunities through webinars, regional workshops, and annual conferences. These sessions focus on updates in the real estate market, advanced sales tactics, and operational improvements to keep franchisees competitive.
Territory Protection
Watters International Realty Franchise provides territory protection by granting each franchisee an exclusive geographic area. This means no other franchise location can be established within the defined territory. The size and boundaries of the territory are outlined in the franchise agreement.
The exclusivity helps franchisees build market presence without direct competition from other franchisees. However, national marketing efforts may generate leads outside the protected territory. Franchisees should review the franchise disclosure document for specific details on territorial rights.