Sotheby's International Realty Franchises Review

B
Grade

Franchise Facts

How much does a Sotheby's International Realty franchise cost?

Sotheby's International Realty has a franchise fee of up to $25,000, with a total initial investment range of $194,650 to $627,000.

  • Initial Franchise Fee: $25,000
  • Total Investment: $194,650 to $627,000
  • Working Capital: $50,000 to $100,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does a Sotheby's International Realty franchise make?

Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors. Unlock this franchise for franchise-specific data and insight.

How many franchise locations do they have?

As of the 2016 Franchise Disclosure Document, there are 584 franchised Sotheby's International Realty locations in the USA.

Are there any Sotheby's International Realty franchise opportunities near me?

Based on 2016 FDD data, Sotheby's International Realty has franchise locations in 39 states plus DC. The largest region is the Northeast with 202 franchise locations.

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This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2016

Sotheby's International Realty is graded based on our most recent research.
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Sotheby's International Realty Franchise Stats

Total Investment

$194,650 - $627,000
Franchise Fee

$25,000
Franchise Agreement
Initial Term
10 Years
Renewal Term
0 Years
Franchisee Outlet Growth
2010
321
2017
584
Ongoing Fees
Royalty
6.0%
Ad Fees
2.0%
# of Franchised Outlets

373

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 15 hours. This includes 15 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 0
Classroom 15
Total 15

Do they offer Territory Rights?

Sotheby's International Realty does NOT offer exclusive territories.

Do they have computer and technology support in place?

Yes. Sotheby's International Realty offers comprehensive support for franchisees. Unlock this franchise to find out more details.

When did they begin franchising?

They began franchising in 2004. The average Brokerage franchise began franchising in 2005.

Do they offer financing support?

Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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Our Franchise Analysts have prepared detailed notes about Sotheby's International Realty, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

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  • What are the historical franchisee revenues?
  • Do they have any lawsuits?
  • Do they provide Veteran or First Responder Discounts?
  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
  • How do they solve franchisee disputes?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?