MORRIS PLAINS, N.J. / June 28, 2022 – Weichert Real Estate Affiliates, Inc. has been named a “Top Low-Cost Franchise” by Entrepreneur magazine, appearing on its list of “Top Franchises for Less than $150,000”. This is the third consecutive year the franchisor has appeared on this list.
Entrepreneur selected the top 2022 low-cost franchise companies on this list from their larger 2022 “Franchise 500” list. Weichert Real Estate Affiliates, Inc., earned a place on the “Franchise 500” list for the 18th consecutive year in January 2022.
Entrepreneur develops its annual “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 Real Estate franchise for less than $150,000 (but more than $100,000), without financing and without adding onto or converting an existing business.
“We are proud to have earned our place on Entrepreneur’s ‘Franchise 500’ list for 18 consecutive years,” said Bill Scavone, president and chief operating officer of Weichert Real Estate Affiliates, Inc., “and equally pleased to be identified as ‘Top Low-Cost Franchise’ for the third consecutive year. This ongoing recognition demonstrates that Weichert has the industry-leading technology, tools, training, and support to offer real estate entrepreneurs a great franchise opportunity at a reasonable cost.”
This follows Weichert Real Estate Affiliates, Inc. being named for the sixth consecutive year to Franchise Business Review’s 2022 list of top franchises as well as to their 2022 “Top Low-Cost Franchise” list, 2022 “Top Franchise for Women” list, and 2022 “Top Recession-Proof Franchise” list. Weichert also appeared on Franchise Business Review’s “Top Franchise Culture” list in 2020 and 2021. The 2022 list is pending.
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.
More information about Weichert Real Estate Affiliates, Inc. can be found at www.weichertfranchise.com or by calling (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 18 straight years and identified by Franchise Business Review as a top franchise for owner satisfaction seven years in a row. For more information about Weichert, visit Weichert.com or for information on franchise opportunities visit WeichertFranchise.com.
Each Weichert® franchised office is independently owned and operated.