Better Homes & Gardens Real Estate Segars Realty
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Realogy Corporation, which also franchises Century 21, Coldwell Banker and ERA, reached an agreement in 2007 to license the Better Homes and Gardens Real Estate brand from Meredith Corporation. Franchising of the concept began in 2008.
- Parent Company
- Realogy Holdings Corp.
- Leadership
- Sherry Chris, President & CEO
- Franchising Since
- 2008 (13 years)
- # of Units
- 389 (as of 2021)
- Corporate Address
- 175 Park Ave.
Madison, NJ 07940
Here's what you need to know if you're interested in opening a Better Homes and Gardens Real Estate franchise.
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $0 - $35,000
- Initial Investment
- $32,420 - $455,000
- Net Worth Requirement
- $250,000
- Cash Requirement
- $100,000
- Veteran Incentives
- Franchise fee reduced or waived
- Term of Agreement
- 10 years
- Is franchise term renewable?
- No
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- In-House Financing
- Better Homes and Gardens Real Estate offers in-house financing to cover the following: startup costs
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- Classroom Training
- 23-24 hours
- Ongoing Support
-
Franchisee Intranet Platform
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- No
Compare where Better Homes and Gardens Real Estate landed on this year's Franchise 500 Ranking versus previous years.
Curious to know where Better Homes and Gardens Real Estate ranked on other franchise lists? Find out below.
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
Better Homes & Gardens Real Estate Segars Realty
Source: https://www.entrepreneur.com/franchises/betterhomesandgardensrealestate/329439
Posted by: rooneyadefees.blogspot.com
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