Industry News

Real estate companies find a place on top franchise list

Discount real estate companies among fastest-growing

Weichert Real Estate Affiliates Inc., today announced that it ranked 10th on the list of 50 top new franchises, published by Entrepreneur magazine. The company also ranked 79th on the magazine's top-500 list of fastest-growing franchises in U.S. and Canada. This is the 26th year that the magazine has conducted the franchise survey. Weichert Real Estate Affiliates launched in September 2001, and this is the first time that the company has been named in the magazine's list. "Gaining this recognition is a wonderful milestone for us," said Marty Rueter, Weichert president. The company, based in Morris Plains, N.J., has 108 franchise offices in 16 states, mostly along the East Coast. The offices extend as far west as Texas. Weichert has about 13,700 sales associates and a total of about 300 company-owned and franchised sales offices. Each Weichert franchise office is independently owned and operated. Help-U-Sell Real Estate reportedly ranked 15th on Entrepreneur Magazine's list of the...