ERA® Real Estate Ranked Among the Top Franchises in Entrepreneur’s Highly Competitive Franchise 500

By: ERA | 0 Shares 159 Reads

January 07, 2022 // Franchising.com // MADISON, N.J. - ERA® Real Estate 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.

SOURCE ERA Real Estate

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