ERA FDD Summary
Type of Business
The franchise is for a real estate brokerage offering with defined real estate brokerage services from a specified location under the name ERA®.
ERA Franchise Systems LLC is a Delaware limited liability company, originally incorporated on January 31 1996, and converted to a limited liability company on July 2, 2007. They are a direct wholly owned subsidiary of Realogy Services Group. Their principal business address is 175 Park Avenue, Madison, New Jersey 07940.
The total investment necessary to begin operation of an ERA® franchise is approximately $47,700 to $219,900 for a real estate office. This includes $7,500 to $25,000 that must be paid to the franchisor or affiliate. The initial franchise fee for a residential franchise is $25,000 for the first office, $7,500 for each additional office.