Weichert Real Estate Affiliates, Inc. Named a Top Low-Cost Franchise by Entrepreneur Magazine for Fourth Consecutive Year

— Evan Roeser

MORRIS PLAINS, N.J. / May 3, 2023 – For the fourth consecutive year, Weichert Real Estate Affiliates, Inc. has been named a Top Low-Cost Franchise by Entrepreneur magazine, appearing on its 2023 list of “Top Franchises for Less than $150,000.”

To earn recognition as a Top Low-Cost Franchise, companies must have appeared on the 2023 Entrepreneur “Franchise 500” list, an annual ranking of the top franchises in the United States and Canada. Weichert Real Estate Affiliates, Inc. earned placement on the prestigious list in January, marking the 19th consecutive year the organization has earned the honor.

Entrepreneur develops its “Franchise 500” list through a comprehensive analysis of more than 150 data points provided each year by franchise companies of all types and sizes from the United States and Canada. These data points cover the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

To earn the further distinction of being named a Top Low-Cost Franchise, the data supplied by Weichert Real Estate Affiliates, Inc. had to demonstrate that the company offers a qualified entrepreneur a “reasonable” opportunity to start a Weichert® franchise for less than $150,000, without financing and without adding onto or converting an existing business.

“We are proud to receive another honor from Entrepreneur Magazine and earn placement among many of the top franchisors in the country,” said Bill Scavone, president of Weichert Real Estate Affiliates, Inc. and Weichert, Realtors®. “Our recognition as a Top Low-Cost Franchise demonstrates our commitment to offering real estate entrepreneurs a great franchise opportunity with industry-leading technology, tools, training, and support at a reasonable cost.”

Weichert Real Estate Affiliates, Inc., a part of the Weichert Family of Companies, entered the franchise sector in 2001 and opened its first affiliated office in January of 2002.

For more information about Weichert Real Estate Affiliates, Inc, visit or call (877) 533-9007.

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About Weichert Real Estate Affiliates, Inc.: Weichert Real Estate Affiliates, Inc. is a top real estate franchisor established in 2001 by Jim Weichert, president, chairman and CEO of Weichert Companies, which has been in operation since 1969. The company provides a clearly defined business model for operating, managing, and marketing a real estate brokerage, along with industry-leading technology, marketing tools, and coaching. Its first affiliate opened in 2002, and the franchise network has since grown to over 370 offices, serving markets in over 40 states. The company has been named one of the top traditional residential real estate franchises by Entrepreneur magazine for 19 straight years and identified by Franchise Business Review as a top franchise for owner satisfaction eight years in a row. For more information about Weichert, visit For more information about franchise opportunities, visit

 Each Weichert® franchised office is independently owned and operated.

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