Question 1

How much does it cost to open a ERA Real Estate franchise?

Accepted Answer

The total initial investment for a ERA Real Estate franchise ranges from $33K to $447K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the ERA Real Estate franchise fee?

Accepted Answer

The initial franchise fee for ERA Real Estate is $25K.

Question 3

What are the net worth requirements for a ERA Real Estate franchise?

Accepted Answer

ERA Real Estate requires a minimum net worth of $150K and liquid capital of $75K.

Question 4

Does ERA Real Estate require a personal guarantee?

Accepted Answer

Yes, ERA Real Estate requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a ERA Real Estate franchise?

Accepted Answer

Equipment costs for a ERA Real Estate franchise range from $5K to $10K.