Franchise opportunities compared

    of First Choice Business Brokers vs Realty Executives

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    of First Choice Business Brokers

    $69,150 – $98,100

    2025 FDD · Item 7

    Realty Executives

    $54,700 – $443,500

    2025 FDD · Item 7 · PDF p. 22

    Initial franchise fee · Item 5

    of First Choice Business Brokers

    $40,000

    2025 FDD · Item 5 · PDF p. 11

    Realty Executives

    Not available

    Royalty · Item 6

    of First Choice Business Brokers

    $300

    2025 FDD · Item 6 · PDF p. 12

    Realty Executives

    Not available

    Before you compare

    • Both sets of figures come from 2025 FDDs.
    • of First Choice Business Brokers discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only of First Choice Business Brokers has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    of First Choice Business Brokers

    $69,150 – $98,100
    2025 FDD · Item 7

    Realty Executives

    $54,700 – $443,500
    Total estimated initial investment: $54,700–$443,500
    2025 FDD · Item 7 · PDF p. 22
    Standard initial franchise fee (Item 5)

    of First Choice Business Brokers

    $40,000
    2025 FDD · Item 5 · PDF p. 11

    Realty Executives

    Not available
    No single standard fee identified
    Royalty (Item 6)

    of First Choice Business Brokers

    $300
    Royalty — monthly minimum
    2025 FDD · Item 6 · PDF p. 12

    Realty Executives

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    of First Choice Business Brokers

    $250
    Brand Fund Contribution
    2025 FDD · Item 6 · PDF p. 12

    Realty Executives

    $300
    Monthly Marketing Fee: $300 × greater of salesperson count or quota
    2025 FDD · Item 6 · PDF p. 20

    System scale & health

    Total outlets (Item 20)

    of First Choice Business Brokers

    109
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 43

    Realty Executives

    223
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 49
    Net outlet change (Item 20)

    of First Choice Business Brokers

    +55
    Calculated: 54 at end of 2022 → 109 at end of 2024

    Realty Executives

    −64
    Calculated: 287 at end of 2023 → 223 at end of 2025
    Outlet exits (Item 20)

    of First Choice Business Brokers

    Not available
    No complete exit records for a year

    Realty Executives

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    of First Choice Business Brokers

    Not available
    Not in reviewed records

    Realty Executives

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    of First Choice Business Brokers

    Not available
    Not in reviewed records

    Realty Executives

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    OFof First Choice Business Brokers
    Locations counted not stated in the reviewed record — Offices with a single franchised business, bottom third, 2024; table drawn from…
    45 percent
    other Single-business offices
    2025 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Offices with multiple franchised businesses in the top third for the 2024 calen…
    $267,825
    other Multiple-business offices
    2025 FDD · Item 19 · PDF p. 43
    Locations counted not stated in the reviewed record — Offices with multiple franchised businesses, middle third, 2024; table drawn fr…
    $144,537
    other Multiple-business offices
    2025 FDD · Item 19 · PDF p. 43
    +4 more groups in the full report
    Realty Executives

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    of First Choice Business Brokers vs Realty Executives: common questions

    Which costs less to open, of First Choice Business Brokers or Realty Executives?
    of First Choice Business Brokers: $69,150 – $98,100 (2025 FDD · Item 7); Realty Executives: $54,700 – $443,500 (2025 FDD · Item 7 · PDF p. 22). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Realty Executives. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, of First Choice Business Brokers or Realty Executives?
    of First Choice Business Brokers: 109 (2025 FDD · Item 20 · PDF p. 43); Realty Executives: 223 (2025 FDD · Item 20 · PDF p. 49). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do of First Choice Business Brokers and Realty Executives disclose financial performance (Item 19)?
    of First Choice Business Brokers has reviewed Item 19 figures for 7 location groups; Realty Executives makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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