Weichert Realtors Press Release
Weichert Real Estate Affiliates Ranked as a Top Franchise by Entrepreneur Magazine
1/25/2008
MORRIS PLAINS, N.J. –
Weichert Real Estate Affiliates, Inc., the franchise arm of Weichert,
Realtors®, was recently named as one of the nation’s top franchises, according
to Entrepreneur magazine’s 29th Annual Franchise 500®. The list spotlights the top 500 franchises
in the U.S. and Canada for
2008.
Continuing
its march up the rankings, Weichert jumped from No. 152 last year to No. 147 in
this year’s Top Global Franchises list.
Additionally, the company moved to 35th place, from 44th, in the
magazine’s ranking of the nation’s fastest growing franchises. According to the magazine, this makes
Weichert Real Estate Affiliates the second-fastest growing real estate
franchise in the nation.
Remarking
on the company’s continued progression through the franchise standings,
Weichert Real Estate Affiliates president, Martin J. Rueter, said, “We are
honored to again be recognized by this prestigious ranking. Our advancements as indicated by Entrepreneur
are a true testament to the strength of the Weichert brand, our systems and the
network of professionals that represent the company around the nation.”
Since
launching its first independently owned and operated franchise in January 2002,
Weichert Real Estate Affiliates has expanded its franchise network to include
more than 7,500 sales associates in 35 states.
Reuter expects the company to continue its steady growth in 2008. Recently, the company celebrated the signing
of its 350th franchise office.
Entrepreneur
magazine compiles its annual rankings through the analysis of hundreds of
franchise companies. Only franchise
companies that submit full Uniform Franchise Offering Circulars (UFOCs) or
Canadian disclosure documents and whose information is verified by the magazine
are eligible. All companies, regardless
of size, are judged by the same criteria, including financial strength and
stability, growth rate, and system size.
Weichert
has nearly 18,300 sales associates in over 520 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.
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