Sotheby’s International Realty

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What to know about Sotheby’s International Realty franchise? The franchise is for a real estate brokerage offering with defined real estate brokerage services from a specified location under the name Sotheby’s International Realty®. Sotheby’s International Realty is based in Madison, NJ. Scroll down to learn more!How much does a Sotheby’s International Realty franchise cost?Are you wondering how much is a Sotheby’s International Realty franchise? Before starting a Sotheby’s International Realty franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Sotheby’s International Realty franchise is $40,650 and can go all the way up to $497,300. Keep in mind, you should also allocate additional funds to live off of while the Sotheby’s International Realty business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Sotheby’s International Realty franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Sotheby’s International Realty business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Sotheby’s International Realty franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.