Press Release
Weichert Realtors® Marks the Signing of its 250th Franchise Office
9/6/2006
MORRIS PLAINS, N.J. – Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert, Realtors®, has announced the signing of its 250th franchise office. The company launched its first independently owned and operated franchise office in January 2002 and now claims more than 5,400 affiliated sales associates in 23 states.
“Our momentum keeps building,” said Martin J. Rueter, president of Weichert Real Estate Affiliates. “Affiliate growth has accelerated to the point that no sooner do we reach a milestone, than we steam past it. This confirms for us that independent brokers are hungry for a franchise model that is not brand-based, but instead offers a proven business model – one with precisely defined operating systems that these franchise owners can immediately implement to transform their business.”
The first seven months of the year saw the Weichert® franchise organization consolidate its strength up and down the East Coast, increase its visibility in the middle third of the country, and advance to the West Coast with the recent signing of its first franchise in California.
As of August 1, more than double the number of franchise offices had signed on with Weichert compared to the same period of the previous year – a vastly increased pace that Rueter said, “is right in line with our admittedly ambitious projections.” Explosive growth was seen in Florida, which is now served by a total of 70 Weichert franchise offices.
Rueter said, “The enormous progress we’ve made in just four-and-a-half years is very satisfying, but just the start. Over recent months, we’ve put some truly outstanding people in place in key regions to ramp up our efforts, so the months and years ahead will be worth watching.”
Weichert Real Estate Affiliates was the only real estate organization to be named in the Top Ten New Franchises 2005 by Entrepreneur Magazine and also was on the magazine’s 2005 list of Top 100 Fastest Growing Franchises.
For information on affiliating with Weichert, go to www.weichertfranchise.com or call 1-877-533-9007.
Weichert has 18,000 sales associates in more than 440 company-owned and franchised sales offices in key markets throughout the U.S. A family of full-service real estate and financial services companies, Weichert helps customers buy and sell both residential and commercial real estate, and streamlines the delivery of mortgages and home and title insurance. For more information, call Weichert's customer service center at 1-800-USA-SOLD or visit Weichert's Web site, www.weichert.com. Each Weichert franchised office is independently owned and operated.