17 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a ERA Real Estate franchise ranges from $33K to $447K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for ERA Real Estate is $25K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the ERA Real Estate 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
ERA Real Estate requires prospective franchisees to have a minimum net worth of $150K and $75K in liquid capital (2025 FDD). A personal guarantee is also required.
View full investment analysisNo, ERA Real Estate does not require franchisees to have dedicated real estate (2025 FDD). This can significantly reduce startup costs and ongoing overhead.
View full investment analysisERA Real Estate charges a royalty fee of 6.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a ERA Real Estate franchise is approximately 7.5% of gross sales (2025 FDD). This includes the royalty fee, a 1.5% marketing/advertising fund contribution, and other recurring charges.
View full fees analysisERA Real Estate has been involved in 8 litigation cases over the past 3 years (2025 FDD). There are currently 6 pending cases. There is at least one class action lawsuit pending.
View full litigation analysisNo, the ERA Real Estate franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisERA Real Estate offers non-exclusive territory rights to its franchisees (2025 FDD). The franchise agreement does not include encroachment protection. Online sales rights are shared between the franchisor and franchisee.
View full territory analysisERA Real Estate currently operates 444 locations (2025 FDD) (444 franchised, 0 company-owned). The system contracted by 4.3% over the past year. The 3-year compound annual growth rate is -2.0%.
View full growth analysisThe 1-year franchisee turnover rate for ERA Real Estate is 10.3% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisERA Real Estate does not include an Item 19 financial performance representation in their FDD (2025 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for ERA Real Estate is 10 years (2025 FDD). The total potential term is 10 years.
View full contract analysisERA Real Estate's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 0 miles of the former location (2025 FDD).
View full legal analysisNo, ERA Real Estate's franchise agreement does not require mandatory arbitration (2025 FDD). Disputes may be resolved through litigation.
View full legal analysisERA Real Estate provides 25 hours of initial training over approximately 1 weeks (2025 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.
View full support analysisERA Real Estate does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis