Corcoran franchise
2026 filing · March 30, 2026Growing
Corcoran at a glance
A residential real estate brokerage office operating under the Corcoran name. At the end of 2025 there were 133 Corcoran locations in the US, 108 franchised and 25 company-owned.
The business
- Industry
- Real estate
- Franchisor
- CORCORAN GROUP LLC
- The company that sells the franchises
- Franchising since
- 2019
- 7 years of selling franchises
- Franchisor based in
- Madison, New Jersey
What you pay
- Cost to open
- $144K–$553K
- Start-up office
- Franchise fee
- $25,000
- Paid once, when you sign
- Royalty
- 4–6%
- A declining share of gross revenue, from 6% down to 4% as annual gross revenue rises, paid at each closing
- Brand fund
- Yes
- 1% of gross revenue up to $5,000,000 a year, falling in steps to 0.50% above $10,000,000
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- Some financing offered
Where it is
- US locations, 2025
- 133
- Franchised and company-owned
- Franchised
- 108
- Company-owned
- 25
- Change in 3 years
- +32
- Franchised locations, 2023–2025
- States
- 22
- Most in New York, California and New Jersey
From CORCORAN GROUP LLC’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Corcoran among all franchises with the same figure.
| Figure | Corcoran | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $348,075 | Costs less than 51% of franchises |
| Franchise feePaid once, when you sign | $25,000 | Lower than 82% of franchises |
| US locationsFranchised and company-owned | 133 | More than 81% of franchises |
How much a Corcoran franchise costs
Opening start-up office costs an estimated $143,650 to $552,500. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: CORCORAN GROUP LLC, 2026 filing, page 43
Corcoran franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: CORCORAN GROUP LLC, 2026 filing, page 29
Royalty and ongoing fees
| Royalty | A declining share of gross revenue, from 6% down to 4% as annual gross revenue rises, paid at each closing. |
|---|---|
| Brand or marketing fund | 1% of gross revenue up to $5,000,000 a year, falling in steps to 0.50% above $10,000,000. |
| Computer Software Maintenance and Support | $1,000 to $3,000 per year |
| Transfer Fees | $5,000 per transfer |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: CORCORAN GROUP LLC, 2026 filing, page 30
Other fees as filed, from page 32. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Corcoran does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: CORCORAN GROUP LLC, 2026 filing, page 73
Growth and closures
Share of franchised locations, 2025 / 2023–2025. Typical means the median: half of brands are above it, half below.
| Measure | Corcoran | Typical real estate brand | Typical franchise |
|---|---|---|---|
| GrowthNet change in franchised locations | −0.9% / +42% | −0.9% / 0% | +1.2% / +10% |
| ClosuresTerminated, not renewed or stopped operating | 10% / 26% | 10% / 29% | 3.9% / 16% |
| Bought backLocations the franchisor took back | 0% / 0% | 0% / 0% | 0% / 0% |
Typical real estate brand is the median of the 44 brands in real estate franchises with three years of counts.
How Corcoran compares
Of the 95 real estate franchises on this site, Corcoran is the 72nd cheapest to open and the 28th largest by number of locations.
| Figure | Corcoran | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $144K | $69K | $222K |
| Cost to open, high end | $553K | $244K | $477K |
| Franchise fee | $25K | $35K | $40K |
| US locations | 133 | 67 | 21 |
| Shares earnings figures | No | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 118 (+44) | 28 | – | – |
| 2022 | 76 (−42) | 29 | – | – |
| 2023 | 88 (+12) | 28 | +16 | −4 |
| 2024 | 109 (+21) | 25 | +26 | −5 |
| 2025 | 108 (−1) | 25 | +10 | −11 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Over 5 years, from the start of 2021 to the end of 2025, franchised locations went from 74 to 108 (+34, +46%). The earlier years come from the brand's 2024 filing.
Source: CORCORAN GROUP LLC, 2026 filing, page 74
2021–2022: CORCORAN GROUP LLC, 2024 filing, page 68
Where Corcoran locations are
At the end of 2025, Corcoran had locations in 23 states and territories. The most are in New York, California and New Jersey.
- New York32
- California21
- New Jersey17
- Florida14
- Hawaii10
- Virginia8
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| New York | 14 | 18 | 32 |
| California | 21 | 0 | 21 |
| New Jersey | 17 | 0 | 17 |
| Florida | 7 | 7 | 14 |
| Hawaii | 10 | 0 | 10 |
| Virginia | 8 | 0 | 8 |
| North Carolina | 5 | 0 | 5 |
| Colorado | 4 | 0 | 4 |
| Texas | 4 | 0 | 4 |
| Massachusetts | 3 | 0 | 3 |
All 23 states
| Georgia | 2 |
|---|---|
| New Mexico | 2 |
| Connecticut | 1 |
| District of Columbia | 1 |
| Illinois | 1 |
| Maryland | 1 |
| Oregon | 1 |
| Pennsylvania | 1 |
| Rhode Island | 1 |
| South Carolina | 1 |
| Tennessee | 1 |
| Washington | 1 |
| West Virginia | 1 |
Source: CORCORAN GROUP LLC, 2026 filing, page 74
Who owns Corcoran?
Corcoran franchises are sold by CORCORAN GROUP LLC. It is a subsidiary of Anywhere Real Estate Services Group LLC.
Corcoran is one of the 7 Anywhere Real Estate brands here. Compass owns it. Compass completed its all-stock acquisition of Anywhere Real Estate in January 2026, and Anywhere now runs as a subsidiary of the combined company.
From CORCORAN GROUP LLC’s 2026 filing, page 9; Real Estate News.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on pages 19–29. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: CORCORAN GROUP LLC, 2026 filing, litigation on pages 19–29, bankruptcy on page 29
Corcoran filings
A franchisor files a new disclosure each year it sells franchises. The figures on this page come from CORCORAN GROUP LLC’s 2026 filing, issued March 30, 2026; the earlier ones below are on record with the Minnesota Department of Commerce and fill in older location counts.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2026 filing | March 30, 2026 | Minnesota | Costs, fees and locations, 2023–2025 |
| 2024 filing | – | Minnesota | Locations, 2021–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other real estate franchises
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Other brands from Anywhere Real Estate: Better Homes and Gardens Real Estate, Century 21, Coldwell Banker, Coldwell Banker Commercial, ERA Real Estate and Sotheby's International Realty. See all 7 in the finder