Corcoran Real Estate charges a royalty fee of 6.0% of gross sales (2024 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.

The total ongoing fee rate for a Corcoran Real Estate franchise is approximately 7.0% of gross sales (2024 FDD). This includes the royalty fee, a 1.0% marketing/advertising fund contribution, and other recurring charges.

Corcoran Real Estate has been involved in 6 litigation cases over the past 3 years (2024 FDD). There are currently 6 pending cases. There is at least one class action lawsuit pending.

No, the Corcoran Real Estate franchisor has no bankruptcy filings in their disclosure history (2024 FDD).

Corcoran Real Estate offers non-exclusive territory rights to its franchisees (2024 FDD). The franchise agreement does not include encroachment protection. Online sales rights are shared between the franchisor and franchisee.

Corcoran Real Estate currently operates 134 locations (2024 FDD) (109 franchised, 25 company-owned). The system grew by 15.5% over the past year. The 3-year compound annual growth rate is 8.5%.

The 1-year franchisee turnover rate for Corcoran Real Estate is 4.3% (2024 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.

Corcoran Real Estate does not include an Item 19 financial performance representation in their FDD (2024 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.

The initial franchise agreement term for Corcoran Real Estate is 10 years (2024 FDD). The total potential term is 10 years.

Corcoran Real Estate's post-termination non-compete clause lasts 0 years after termination or expiration (2024 FDD).

No, Corcoran Real Estate's franchise agreement does not require mandatory arbitration (2024 FDD). Disputes may be resolved through litigation.

Corcoran Real Estate provides 29 hours of initial training over approximately 4 weeks (2024 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.

Corcoran Real Estate does not provide site selection assistance (2024 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.