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MADISON, N.J. (Jan. 6, 2022) — ERA® Real Estate, a global franchising leader within the Realogy family of brands, today announced that the company has been recognized as one of the top 500 franchises in Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking.
The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranks ERA® Real Estate for its outstanding performance in areas including unit growth, financial strength and stability, and brand power.
“We are thrilled that ERA® Real Estate has been honored as one of the top franchises in Entrepreneur’s Franchise 500®,” said Sherry Chris, President and CEO of ERA® Real Estate. “2021 was another unprecedented year in real estate. ERA continued to grow strategically, adding multiple new companies, expanding our international footprint with our first master franchise agreement in South America and renewing many long-time affiliate contracts. As we prepare to celebrate our 50th anniversary in 2022, ERA’s growth and success is an enduring testament to the network’s strength and the brand’s impact on the dynamic real estate industry.”
In Entrepreneur’s continuing effort to capture and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. ERA® Real Estate’s position on the ranking is a testament to its strength as a franchise opportunity.
To view ERA® Real Estate in the full ranking, visit www.entrepreneur.com/franchise500. Results can also be seen in the January/February 2022 issue of Entrepreneur, available on newsstands January 11th.
About ERA Real Estate
At ERA® Real Estate, we don’t adapt to change, we create it. We believe that our core business values of collaboration, innovation, diversity and growth are needed now more than ever. As a global leader in the residential real estate industry for more than 40 years, ERA was the first real estate franchise to expand internationally, the first to post listings online, and is the only national company that offers the Sellers Security® Plan program.
The ERA Real Estate network includes more than 36,000 affiliated brokers and independent sales associates and approximately 2,200 offices throughout the United States and 31 other countries and territories. ERA Franchise Systems LLC (www.ERA.com) which operates the ERA Real Estate system, is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global provider of real estate services. ERA Real Estate information is available
Media Contacts:
Marie VanAssendelft
ERA® Real Estate
201-724-6372
Marie.Vanassendelft@era.com
Randi Rispoli
ERA® Real Estate
732-674-7666
Randi.Rispoli@era.com
The post ERA® Real Estate Ranked Among the Top Franchises in Entrepreneur’s Highly Competitive Franchise 500 appeared first on Explore ERA.
