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Coldwell Banker was founded during a housing crisis following the 1906 California Earthquake. Now a part of Realogy Corporation, the firm offers commercial and residential real estate services including buying, selling, leasing, lending, refinancing, and a variety of support services. Coldwell Banker Previews International specializes in the marketing and selling of luxury homes. Coldwell Banker has locations in the US as well as Canada, the Caribbean, Central America, Europe, Mexico, and Singapore.
Liquid capital required
|
$75,000
|
Net worth required
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$150,000
|
Investment
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$30,600 - $489,295
|
Franchise fee
|
$25,000
|
Royalty
|
5.5%
|
Units in operation
|
3,132
|
The capital required to open a unit is $75,000. You need to have a total net worth of $150,000 if you want to become an owner. 5% is the royalty that you would expect to pay back to the franchisor as you operate your location. $30,600 is the minimum that someone opening a location should expect to invest. The most you would expect to invest in a Coldwell Banker Real Estate location is $489,295. New franchisees can expect to pay a $25,000 franchise fee for the rights to open their own location. In total, there are 3132 units of this franchise open today.
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