Berkshire Hathaway HomeServices Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$25,000
Investment required
$45,000 – $90,000
Royalty fee
$15,000 per year

Berkshire Hathaway HomeServices: A Trusted Name in Real Estate Excellence

Established in 2012 and franchising since 2013, Berkshire Hathaway HomeServices is a prominent real estate brokerage franchise network based in Irvine, California.

As part of the esteemed Berkshire Hathaway group, the franchise benefits from a globally recognized reputation for excellence, integrity, and reliability in the real estate industry.

The franchise network has experienced significant growth, empowering franchisees to operate under a brand synonymous with trust and stability in the market.

Berkshire Hathaway HomeServices offers robust support for its franchisees, including thorough training programs, strategic marketing resources, and cutting-edge technology solutions designed to streamline real estate management and drive sales success.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Franchise Fee $25,000 plus $2,500 for each Additional Location
Launch and Post Launch Training Hotel meeting room rental $100 to $2,500
Exterior Signs Replacement faces: $1,000 to $2,000, Complete new signs: $5,000 to $20,000
Stationery and Related Supplies $2,000 to $5,000
Yard Signs $5,000 to $10,000
Grand Opening Advertising $5,000
Computer Hardware $1,000 to $4,000
Approved Broker Management System (computer software) $3,000 to $5,000
Approved Software Support Expenses $100 to $1,000
Business Class Telephone Service $20 to $50 Monthly
Business Class Internet Access $50 to $300 Monthly
Real Property, whether Purchased or Leased $0 to $6,000
Furniture, Fixtures & Equipment $0 to $5,000
Business Insurance (In excess of $1,000 in most cases) Lump sum
Additional Funds – 3 Months $30 to $525
Total $45,000 to $90,000

Get

more

information

about

Berkshire Hathaway HomeServices

Interested in becoming a franchisee? Get matched with a franchise consultant to discuss your options. For free
Get a free consultation

Number of units

2023
Franchised units

253

249

256

Company-owned units

16

20

20

Total units

269

269

276

Franchise Disclosure Document

Training

Berkshire Hathaway HomeServices provides its franchisees with comprehensive training and support to ensure success in the real estate industry. This includes pre-launch assistance via phone and webinars, followed by in-depth franchise integration training tailored to the size and needs of the franchisee's business.

The training covers various aspects of real estate brokerage operations, such as customer acquisition, professional referral systems, and effective advertising and public relations strategies.

Additionally, ongoing and refresher training sessions are available, delivered by the global network training team and network service business consultants, to keep franchisees updated on industry best practices and enhance their productivity and management skills.

Territory Protection

Berkshire Hathaway HomeServices does not guarantee exclusive territories to its franchisees. However, franchisees can negotiate for territory protection through an amendment to the Franchise Agreement.

Protected territories, if granted, are defined by specific boundaries and depend on the franchisee’s performance and market presence.

Maintaining a protected territory requires meeting the franchisor’s performance standards. Failure to meet these benchmarks may result in the loss of territorial exclusivity, allowing the franchisor to establish additional locations in the area.

Similar franchises

The Agency Franchise FDD, Costs & Fees (2024)

The Agency

Investment required
$120,000 - $856,000
Fibrenew Franchise FDD, Costs & Fees (2024)

Fibrenew

Investment required
s $101,000 - $121,000
Zoom Drain Franchise FDD, Costs & Fees (2024)

Zoom Drain

Investment required
$260,000 - $486,000
G-Force Franchise FDD, Costs & Fees (2024)

G-Force

Investment required
$48,000 - $141,000