Founded in 1969 by Jim Weichert in Chatham, New Jersey, Weichert, Realtors has grown from a single office into one of the nation’s most recognized names in real estate. The company is now headquartered in Morris Plains, New Jersey, and has expanded its services nationwide. In 2001, Weichert began offering franchise opportunities through Weichert Real Estate Affiliates, Inc., with its first franchised office opening in 2002.
Weichert provides a wide array of services that go beyond traditional residential and commercial real estate transactions. The brand offers integrated support in mortgages, home and title insurance, and other related services, creating a seamless experience for both buyers and sellers. This full-service model helps clients navigate the complexities of real estate with ease and confidence.
What truly sets Weichert apart is its “one-stop shop” approach, which combines multiple real estate-related services under one umbrella. This integrated model streamlines the transaction process and saves clients time and effort.
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.
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Below are some of
Weichert
key competitors in the
Broker/Realtor
sector.
297
$25,000
$77,000
$360,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
LakePlace.com
$50K - $100K
6
$10,000
$51,000
$115,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
The Agency
$100K - $200K
42
$47,500
$120,000
$856,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
PropertyGuys.com
Under $25K
4
$20,000
$22,000
$81,000
n.a.
$0
$xxx,xxx
n.a.
n.a.
n.a.
n.a.
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A comprehensive and transparent look at franchising finances. The inclusion of profit margins and disclosure documents offers insights you can’t find elsewhere. Essential for anyone considering a franchise investment.
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Weichert® provides a comprehensive training program to franchisees to ensure they are well-prepared to operate a successful real estate business. The training offered by the Franchisor includes the following:
Weichert® grants franchisees a defined territory but does not offer exclusive territorial protection. The franchisor and its affiliates reserve the right to operate or license other businesses within the territory, particularly for services beyond residential real estate.
Franchisees cannot expand their territory and are not compensated for any competing services Weichert operates in the area. The agreement permits the franchisor to engage in direct or indirect business activities, including online sales, within or near the franchisee's territory.
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