How much does it cost to open a brokerages franchise?

Across 37 published brokerages brands with a reviewed Item 7 total, the median low end of the estimated initial investment is $37,050, and low ends run from $10,370 to $1,208,600 (FDDs from 2025 to 2026). The low end is each franchisor's cheapest disclosed scenario, not a typical cost; the median is a Franopolis calculation.

Which brokerages franchises have the lowest disclosed startup cost?

By the low end of the reviewed Item 7 estimate: 1 Percent Lists ($10,370, 2026 FDD); United Country Real Estate ($11,450–$45,945, 2026 FDD); The Agency ($12,550–$896,150, 2026 FDD). This orders disclosed estimates only; it is not a ranking or recommendation.

How many brokerages franchisors disclose financial performance (Item 19)?

4 of 38 published brokerages brands (11%) have reviewed Item 19 financial performance figures on file. A brand without them on Franopolis may still disclose them in an FDD we have not reviewed.

Which brokerages franchises have the most locations?

By total outlets in reviewed Item 20 tables: Century 21 Real Estate, LLC. (1,685); Sotheby’s International Realty (709); NextHome (587). Outlet counts do not indicate territory availability or franchisee results.

Brokerages Franchises: 38 Brands, Costs & FDD Figures

Median uses the low end of each brand's reviewed Item 7 total in its latest FDD — the cheapest disclosed scenario, not a typical cost. Not a ranking or recommendation.

Item 19 figures only

Brokerages brands (38)

1 Percent Lists
Item 7: $10,370 · 2026 FDD
No Item 19 figures on file · 51 outlets
1st Class Real Estate
Item 7: $23,500 – $63,500 · 2026 FDD
No Item 19 figures on file · 18 outlets
1st Class Real Estate Area Rep
Item 7: $23,500 – $63,500 · 2026 FDD
No Item 19 figures on file
At World Franchising LLC @properties
Item 7: $64,350 – $433,000 · 2026 FDD
No Item 19 figures on file · 41 outlets
Better Homes and Gardens Real Estate
Item 7: $33,970 – $456,600 · 2026 FDD
No Item 19 figures on file · 362 outlets
Century 21 Real Estate, LLC.
Item 7: $35,770 – $473,400 · 2026 FDD
No Item 19 figures on file · 1,685 outlets
CI
Christies International Real Estate
Item 7: $64,475 – $443,125 · 2026 FDD
No Item 19 figures on file · 40 outlets
Coldwell Banker Commercial
Item 7: $37,050 – $741,000 · 2026 FDD
No Item 19 figures on file
Coldwell Banker Real Estate LLC
Item 7: $37,050 – $553,700 · 2026 FDD
No Item 19 figures on file
Corcoran
Item 7: $62,150 – $552,500 · 2026 FDD
No Item 19 figures on file · 133 outlets
Counselor Realty
Item 7: $22,850 – $105,700 · 2025 FDD
No Item 19 figures on file · 11 outlets
Engel & Völkers Residential Real Estate Brokerage
Item 7: $108,690 – $471,592 · 2025 FDD
No Item 19 figures on file · 223 outlets
EC
Epcon Communities
Item 7: $1,208,600 – $6,398,350 · 2026 FDD
No Item 19 figures on file · 105 outlets
ERA
Item 7: $34,470 – $454,200 · 2026 FDD
No Item 19 figures on file · 434 outlets
First Choice Business Brokers, Inc.
Item 7: $72,600 – $99,500 · 2026 FDD
Item 19 figures · 128 outlets
H
HomeSmart
Item 7: $65,500 – $205,000 · 2026 FDD
No Item 19 figures on file · 258 outlets
HH
Howard Hanna Real Estate
Item 7: $45,000 – $258,500 · 2026 FDD
No Item 19 figures on file · 465 outlets
Hunting Lease Network
Item 7: $25,000 – $42,500 · 2026 FDD
No Item 19 figures on file · 15 outlets
JH
Joe Homebuyer
Item 7: $131,200 – $444,500 · 2025 FDD
Item 19 figures · 64 outlets
JPAR Real Estate
Item 7: $26,780 – $267,300 · 2026 FDD
No Item 19 figures on file · 39 outlets
Keller Williams Realty
Item 7: $29,600 – $424,645 · 2026 FDD
No Item 19 figures on file · 482 outlets
King Lombardi Acquisitions
Item 7: $59,305 · 2026 FDD
No Item 19 figures on file · 30 outlets
MB
Mmi Business Brokers
Item 7 not reviewed
No Item 19 figures on file · 123 outlets
New Again Houses
Item 7: $123,700 – $216,200 · 2026 FDD
No Item 19 figures on file · 54 outlets
NextHome
Item 7: $16,750 – $221,595 · 2026 FDD
No Item 19 figures on file · 587 outlets
NextHome, Inc.
Item 7: $16,750 – $221,595 · 2026 FDD
No Item 19 figures on file · 587 outlets
Realty Executives
Item 7: $54,700 – $443,500 · 2025 FDD
No Item 19 figures on file · 223 outlets
Realty ONE Group
Item 7: $47,250 – $227,500 · 2026 FDD
No Item 19 figures on file · 420 outlets
Realty World
Item 7: $18,600 – $195,000 · 2026 FDD
No Item 19 figures on file · 119 outlets
SI
Sotheby’s International Realty
Item 7: $47,250 – $519,250 · 2026 FDD
No Item 19 figures on file · 709 outlets
Sperry
Item 7: $14,800 – $181,500 · 2025 FDD
No Item 19 figures on file · 57 outlets
SVN International PBC
Item 7: $37,235 – $124,150 · 2026 FDD
Item 19 figures · 115 outlets
The Agency
Item 7: $12,550 – $896,150 · 2026 FDD
No Item 19 figures on file · 106 outlets
The Agency Real Estate Franchising
Item 7: $12,550 – $896,150 · 2026 FDD
No Item 19 figures on file · 106 outlets
United Country Real Estate
Item 7: $11,450 – $45,945 · 2026 FDD
No Item 19 figures on file · 378 outlets
UM
Upper Midwest Realty
Item 7: $60,800 – $209,000 · 2026 FDD
No Item 19 figures on file · 518 outlets
We Sell Restaurants
Item 7: $96,475 – $106,225 · 2026 FDD
Item 19 figures · 60 outlets
Weichert
Item 7: $77,300 · 2025 FDD
No Item 19 figures on file · 338 outlets

Brokerages matchups

Brokerages franchise benchmarks

How much does it cost to open a brokerages franchise?: Across 37 published brokerages brands with a reviewed Item 7 total, the median low end of the estimated initial investment is $37,050, and low ends run from $10,370 to $1,208,600 (FDDs from 2025 to 2026). The low end is each franchisor's cheapest disclosed scenario, not a typical cost; the median is a Franopolis calculation.
Which brokerages franchises have the lowest disclosed startup cost?: By the low end of the reviewed Item 7 estimate: 1 Percent Lists ($10,370, 2026 FDD); United Country Real Estate ($11,450–$45,945, 2026 FDD); The Agency ($12,550–$896,150, 2026 FDD). This orders disclosed estimates only; it is not a ranking or recommendation.
How many brokerages franchisors disclose financial performance (Item 19)?: 4 of 38 published brokerages brands (11%) have reviewed Item 19 financial performance figures on file. A brand without them on Franopolis may still disclose them in an FDD we have not reviewed.
Which brokerages franchises have the most locations?: By total outlets in reviewed Item 20 tables: Century 21 Real Estate, LLC. (1,685); Sotheby’s International Realty (709); NextHome (587). Outlet counts do not indicate territory availability or franchisee results.

Calculated by Franopolis from published brands' reviewed figures. Not a ranking or recommendation.

How Franopolis reviews FDD figures

Other Real Estate & Property Services categories

All Real Estate & Property Services Inspections 12 Property management 10