Coldwell Banker Real Estate FDD Summary
Type of Business
The franchise is for a residential real estate brokerage offering with defined real estate brokerage services from a specified location under the name Coldwell Banker®.
Corporate Information
Coldwell Banker Real Estate LLC is a California limited liability company, originally incorporated on July 16, 1981, and converted to a limited liability company on July 2, 2007. They are a direct wholly owned subsidiary of Realogy Group LLC. Their principal business address is 175 Park Avenue, Madison, NJ 07940.
Investment
The total investment necessary to begin operation of a Coldwell Banker® residential real estate franchise is approximately $53,650 to $122,000 for a conversion real estate office, and $171,150 to $499,500 for a start-up real estate office. This includes $7,500 to $25,000 that must be paid to the franchisor or an affiliate, as an initial franchise fee. The initial franchise fee for a residential franchise is $25,000 for the first office, $10,000 for the second office, and $7,500 for each additional office.