Weichert Franchise FDD, Profits & Costs (2025)
Established in 1969 by Jim Weichert in Chatham, New Jersey, Weichert, Realtors started as a single-location operation and has since evolved into one of the most prominent names in the American real estate sector.
Now based in Morris Plains, New Jersey, the company has expanded its presence across the country. Its franchising division, Weichert Real Estate Affiliates, Inc., launched in 2001, with the first franchise office opening the following year. Weichert delivers a comprehensive range of real estate services that extend far beyond buying and selling homes or commercial properties.
The brand offers additional support through its mortgage, title, and home insurance solutions, making the experience smoother for clients on all fronts. This end-to-end service offering simplifies complex processes for customers.
The company’s standout feature is its fully integrated, “all-in-one” real estate model, which consolidates key services into a single, convenient system. This approach not only enhances efficiency but also improves the overall client experience.
Initial Investment
How much does it cost to start a Weichert franchise? It costs on average between $77,000 – $360,000 to start a Weichert franchised center.
This includes expenses related to office setup, furnishings, technology systems, and initial operational costs. The total investment can vary based on several factors, including the office location, its size, local market conditions, and whether the franchisee decides to lease or purchase the office space.
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $25,000 |
Real Property | $3,600 – $21,600 |
Construction/Remodeling/Leasehold Improvement | $0 – $75,000 |
Inventory (yard signs, riders, etc.) | $7,500 – $15,000 |
Office Equipment & Supplies; Decor, Fixtures & Furnishings | $0 – $60,000 |
Computer Hardware and Software | $0 – $12,000 |
Signs | $5,000 – $20,000 |
Organizational Expense | $0 – $5,000 |
Permits and Licenses | $200 – $2,000 |
Insurance | $6,000 – $17,000 |
Security Deposits | $0 – $7,200 |
Additional Funds (3 Months) | $30,000 – $100,000 |
TOTAL | $77,300 – $359,800 |
Competitors
Below are a few Weichert competitors as a comparison:
Franchise Disclosure Document
Frequently Asked Questions
How many Weichert locations are there?
As of the latest data, Weichert operates a total of 374 real estate offices across the United States. This includes 297 franchised units and 77 company-owned locations.
What is the total investment required to open a Weichert franchise?
The total investment required to open a Weichert franchise ranges from $77,000 to $360,000.
What are the ongoing fees for a Weichert franchise?
Weichert franchisees pay a 6% royalty fee and a 2% advertising fee, both calculated on gross revenues.
What are the financial requirements to become a Weichert franchisee?
To qualify as a Weichert franchisee, applicants are required to have a minimum net worth of $150,000.
Who owns Weichert?
The Weichert franchise is owned by Weichert Real Estate Affiliates, Inc., a subsidiary of the Weichert Family of Companies.
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