Corcoran
A Corcoran business provides residential and commercial real estate brokerage services through Corcoran-branded offices in the United States. We help buyers and sellers with home and property transactions, and in some markets we also support new development work for condominium and cooperative projects. Our offices operate with brand-specific systems, marketing support, education, lead management, and other resources designed to help agents serve clients and grow their business. We focus on established brokerage businesses and newly formed offices that are built to operate under our brand standards and office requirements.
Your franchise match score
Real Estate
Brand highlights
- CEOPamela Liebman
- Headquarters175 Park Avenue, Madison, NJ, 07940
- Year founded2015
- Year started franchising2019
- IndustryReal Estate
- Locations open134 (-13 last three years)
Statistics & metrics
- Investment range$56,050 - $545,400
- Franchise fee$25,000
- RoyaltyDeclining percentage of Gross Revenue beginning at 6% and declining incrementally to 4% [3]
- Brand fund1% of Gross Revenue up to and including $5,000,000; 0.75% of Gross Revenue from $5,000,001 to $10,000,000 and 0.50% above $10,000,000- (measured on an annual basis). [3] [4]
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Real Estate industry:
Real estate franchises include brokerage firms, property management, and inspection services. This industry is ideal for those with a strong network and an interest in the property market.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-03-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Corcoran, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Corcoran's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Corcoran, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Corcoran franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Corcoran provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 134 |
| Franchise locations | 109 |
| Corporate locations | 25 |
System growth over time
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