ERA Real Estate

The franchise has 17 total litigation cases with 15 instances where ERA Real Estate was the defendant. What are the primary claims or issues in these cases, and what is the expected timeline for resolution of the 6 pending cases?

Unit closures have increased from 29 in 2022 to 48 in 2024. What factors does the franchisor identify as contributing to this acceleration, and what steps is ERA Real Estate taking to address unit attrition?

The contract includes a 10-year initial term with zero renewal options. Can you explain the rationale for not offering renewal provisions, and what happens to a franchisee's business at the end of the 10-year term?

With a non-compete clause of 0 years and 0 miles, what protections exist to prevent franchisees from immediately competing with ERA Real Estate after contract expiration or termination?

The Risk Factors score of 29 is significantly below the typical range of 38.0-69.0 for real estate franchises. What specific risk factors are driving this low score, and how should a prospective franchisee interpret this result?

System Health scored 34, below the typical range of 35.0-64.0. What metrics comprise this score, and what does this indicate about the overall stability and support infrastructure of the ERA Real Estate system?

The franchise offers no territorial exclusivity or encroachment protection. How does ERA Real Estate prevent or manage conflicts when multiple franchisees operate in overlapping geographic areas?

Of the 8 litigation cases in the past 3 years, how many involved disputes between ERA Real Estate and its franchisees versus other parties such as employees or regulatory agencies?

The 6.0% royalty rate and 1.5% ad fund rate total 7.5% in ongoing fees. What specific services and support does ERA Real Estate provide in exchange for these ongoing fees?

With a 10.3% exit rate in the past year and declining unit count, what is the average tenure of units that have closed, and do longer-tenured units have higher survival rates than newer units?

The Transfer Fee is $5,000. What circumstances allow or prevent a franchisee from transferring their franchise, and does ERA Real Estate have approval rights over potential transferees?

The Contract Terms score is 75, above the typical range of 55.75-70.0. Does this indicate terms that are more franchisor-favorable than typical, and what specific contract provisions contribute to this elevated score?

What financial performance data is available to franchisees during due diligence, given that ERA Real Estate does not provide an Item 19 in its FDD?

The Investment Costs score of 81 is above the typical range of 70.0-78.0. What are the total initial investment requirements for opening an ERA Real Estate franchise, broken down by category?

Of the 41 units that 'ceased other' in 2024 (versus explicit closures), what does this category represent and how is it different from the 48 units listed as closed?

Given the absence of renewal options, does ERA Real Estate offer any path for long-term franchisees to continue operating beyond the initial 10-year term?

Has ERA Real Estate had any regulatory actions, fines, or investigations by state attorneys general or the FTC in the past 5 years?

What percentage of the 17 total litigation cases have been resolved, what were the outcomes, and are any cases still in active dispute?