better homes and gardens real estate auburn maine

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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

Corporate Address: Better Homes and Gardens Real Estate

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