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    Franchise opportunities compared

    Sotheby’s International Realty vs Sperry

    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.

    SISotheby’s International Realty2026 FDDSperry2025 FDD

    Initial investment · Item 7

    Sotheby’s International Realty

    $47,250 – $519,250

    2026 FDD · Item 7

    Sperry

    $14,800 – $181,500

    2025 FDD · Item 7

    Initial franchise fee · Item 5

    Sotheby’s International Realty

    $25,000

    2026 FDD · Item 5 · PDF p. 31

    Sperry

    Not available

    Royalty · Item 6

    Sotheby’s International Realty

    6%

    2026 FDD · Item 6 · PDF p. 31

    Sperry

    2%

    2025 FDD · Item 6 · PDF p. 15

    Before you compare

    • Sotheby’s International Realty figures come from its 2026 FDD and Sperry figures from its 2025 FDD, so the years differ.
    • Sotheby’s International Realty and Sperry disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only neither brand has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Sotheby’s International Realty

    $47,250 – $519,250
    2026 FDD · Item 7

    Sperry

    $14,800 – $181,500
    2025 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Sotheby’s International Realty

    $25,000
    2026 FDD · Item 5 · PDF p. 31

    Sperry

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

    Sotheby’s International Realty

    6%
    Royalty fee rate
    2026 FDD · Item 6 · PDF p. 31

    Sperry

    2%
    Royalty override rate
    2025 FDD · Item 6 · PDF p. 15
    Brand / advertising fund (Item 6)

    Sotheby’s International Realty

    2%
    Brand Marketing Fund contribution rate — 2%
    2026 FDD · Item 6 · PDF p. 31

    Sperry

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Sotheby’s International Realty

    709
    Outlets at end of 2025
    2025 FDD · Item 20 · PDF p. 71

    Sperry

    57
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 43
    Net outlet change (Item 20)

    Sotheby’s International Realty

    +2
    Calculated: 707 at end of 2022 → 709 at end of 2025

    Sperry

    −4
    Calculated: 61 at end of 2022 → 57 at end of 2024
    Outlet exits (Item 20)

    Sotheby’s International Realty

    Not available
    No complete exit records for a year

    Sperry

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

    Sotheby’s International Realty

    Not available
    Not in reviewed records

    Sperry

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

    Sotheby’s International Realty

    Not available
    Not in reviewed records

    Sperry

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    SISotheby’s International Realty

    Not disclosed — no Item 19 financial performance representation

    Sperry

    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.

    Sotheby’s International Realty vs Sperry: common questions

    Which costs less to open, Sotheby’s International Realty or Sperry?
    Sotheby’s International Realty: $47,250 – $519,250 (2026 FDD · Item 7); Sperry: $14,800 – $181,500 (2025 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Sperry. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Sotheby’s International Realty and Sperry royalties compare?
    Sotheby’s International Realty: 6% (2026 FDD · Item 6 · PDF p. 31); Sperry: 2% (2025 FDD · Item 6 · PDF p. 15). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Sotheby’s International Realty or Sperry?
    Sotheby’s International Realty: 709 (2025 FDD · Item 20 · PDF p. 71); Sperry: 57 (2025 FDD · Item 20 · PDF p. 43). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Sotheby’s International Realty and Sperry disclose financial performance (Item 19)?
    Sotheby’s International Realty makes no Item 19 financial performance representation; Sperry 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

    Keep researching

    SI

    Full Sotheby’s International Realty report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

    Full Sperry report

    Every reviewed fee, Item 19 group, outlet table and territory disclosure

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