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ERA
Franchise

ERA Franchise

ERA Real Estate is a leader in the residential real estate industry, with more than 30,000 real estate brokers and sales associates in approximately 2,500 offices throughout the United States and 34 countries and territories. When it comes to buying and selling real estate, working with an ERA Real Estate agent provides multiple advantages in local markets. For sellers, ERA can help prepare the home for sale by facilitating pricing, physically preparing the home, navigating negotiations and much more. For buyers, ERA agents assist in making the home search as efficient as possible, to allow more time for looking at home that meet buyers’ budgetary and personal needs. ERA Real Estate agents are committed to adding value during every step of the home buying and selling process. More about the cost of owning an ERA Reals Estate franchise below.

Facts & Figures

Liquid capital required
$75,000
Net worth required
$150,000
Investment
$27,350 - $432,550
Franchise fee
$25,000
Royalty
6.0%
Offers Financing
Yes
Units in operation
2,318
Founded
1971
Franchising Since
1972

Overview

ERA Real Estate has an impressive collection of innovative tools and programs designed to help franchisees bring their businesses to the next level of success. ERA franchisees join an experienced, dynamic, collaborative community of some 30,000 talented agents and brokers worldwide. ERA also offers an extensive library of educational resources and best-in-class selling programs. ERA franchisees also have access to ongoing series of business planning, lead generating and recruitment programs. Becoming an ERA Real Estate affiliate is an incredible opportunity to build success using the company’s unique programs and tools.

ERA Franchise Opportunities – History

ERA Real Estate was founded in 1971 as Electronic Realty Associates. The company was the first to leverage the emerging technology of the Fax machine to build the business and its brand. The company began franchising in 1972, and has grown steadily since, opening nearly 1,000 offices across the United States, and nearly 2,000 internationally.

What Does An ERA Franchise Cost?

The franchise fee for ERA Real Estate is $25,000. The total investment required to open and operate an ERA Real Estate franchise ranges from $47,700 to $209,000, with liquid cash available of $75,000 and net worth of $150,000. A 6% royalty fee on gross sales is paid to the company.

ERA Franchise Business Opportunities: Other Information

ERA Real Estate offices are most heavily concentrated in Florida, California and New York, but also represented in Hawaii, Illinois, Indiana, Maryland, Minnesota, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin.

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