Watters International Realty

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Watters International Realty

Watters International Realty Franchise FDD, Costs & Fees (2025)

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.

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

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 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
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

Number of units

Training

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.

  1. 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.
  2. 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.
  3. 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.

Competitors

Below are some of

Watters International Realty

key competitors in the

Broker/Realtor

sector.

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

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.

Competitors

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

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

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

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