Watters International Realty Franchise FDD, Profits & Costs (2025)
Established in 2010 by Christopher Watters in Austin, Texas, Watters International Realty has grown into a significant player in the residential real estate market.
Operating from its headquarters at 6850 Austin Center Blvd., Suite 320, in Austin, the brand began franchising in 2017 and has since expanded its presence throughout the United States and Canada.
The company focuses on residential real estate brokerage, delivering a full range of services for both homebuyers and sellers.
One of the brand’s most notable differentiators is its forward-thinking, team-based business structure. Rather than having agents handle every stage of the process themselves, Watters International Realty assigns specialized teams for marketing, inside sales, and transaction management, ensuring efficiency and high-quality service.
Initial Investment
How much does it cost to start a Watters International Realty franchise? It costs on average between $49,000 – $201,000 to start a Watters International Realty franchised facility.
This includes costs for office build-out, furnishings, technology systems, and initial operating expenses. The total investment can vary based on several factors, such as the office location, size of the territory, and whether the franchisee opts to lease or purchase the office space.
| Type of Expenditure | Amount |
|---|---|
| Initial Fee | $15,000 – $35,000 |
| Travel & Living Expenses While Attending Initial Training | $2,500 |
| Rent (first 3 months) | $1,500 – $9,000 |
| Security Deposit (2 months) | $1,000 – $6,000 |
| Leasehold Improvements | $0 – $1,500 |
| Furniture, Office Equipment & Software | $3,500 – $54,250 |
| Signs | $500 – $7,000 |
| Brokers Licenses | $500 – $2,000 |
| National Association of REALTORS® dues | $250 – $1,500 |
| Local Real Estate Board Fees | $250 – $1,500 |
| Local MLS Memberships | $100 – $1,500 |
| Grand Opening | $0 – $8,500 |
| Marketing & Area Marketing Fee (3 months) | $7,500 – $14,000 |
| Insurance | $2,500 – $10,000 |
| Legal Fees | $1,000 – $5,000 |
| Opening Inventory of Supplies | $10,000 – $20,000 |
| Additional Funds (3 months) | $1,000 – $5,000 |
| Miscellaneous Opening Costs | $1,000 – $5,000 |
| Meetings, Conventions, and Other Events | $250 – $3,000 |
| Total | $49,350 – $200,750 |
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Frequently Asked Questions
How many Watters International Realty locations are there?
As of the latest available data, Watters International Realty operates 10 locations in the United States, all of which are franchise-owned, with no company-owned locations.
What is the total investment required to open a Watters International Realty franchise?
The total investment required to open a Watters International Realty franchise ranges from $49,000 to $201,000.
What are the ongoing fees for a Watters International Realty franchise?
Watters International Realty franchisees pay an 8% royalty, and there is no additional marketing or advertising fee.
Who owns Watters International Realty?
The Watters International Realty franchise is owned by Christopher Scott Watters.
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