Weichert, Realtors

Updated on Nov 23, 2023

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Type Real estate franchise Website Weichert, Realtors Number of employees 10,000		Industry Real Estate Founded 1969
Key people Jim Weichert and James Weichert, Jr. (co-presidents) Headquarters Morris Plains, New Jersey, United States

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Weichert, Realtors is a residential and commercial real estate franchise headquartered in Morris Plains, New Jersey.

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History

Weichert, Realtors was founded in 1969 in Chatham, New Jersey by Jim Weichert, who sought out prospective customers by handing out business cards at local train stations to people commuting to New York City. In 1983, Weichert expanded operations outside of New Jersey and opened an office in Pennsylvania. In 1989, the company relocated its headquarters to Morris Plains, New Jersey. Expansion continued through 1991 throughout the northeastern United States. Jim Weichert's son, James Weichert, Jr., became co-president in 2014.

Family of Companies

In 1980, Weichert Financial Services was established to offer financial assistance to real estate customers. Weichert also established its Real Estate School that same year for pre-license, post-license, and continuing education students.

In 1982, Weichert Referral Associates was established. The company serves as a network of agents with an active real estate license who direct business to full-time real estate professionals.

In 2001, Weichert Real Estate Affiliates, Inc. was established expanding the company from a regional to a national real estate network. It was identified in 2005 by Entrepreneur magazine as one of the fastest growing U.S. franchises, and is ranked the #2 traditional residential real estate franchise and the #3 company overall in the Real Estate category in Entrepreneur’s 2016 Franchise 500®.

Weichert New Homes works with Weichert sales associates who specialize in new home construction to effectively market new construction projects throughout Weichert, Realtors’ service area.

Weichert Commercial Brokerage serves as the division that focuses on office, industrial, retail, investment, and residential and commercial land brokerage.

Weichert Lead Network was established to connect online users with a real estate Associates within minutes through its cutting-edge call center.

In 2002, Weichert began franchising the companies, collectively known as the Weichert Family of Companies.

Philanthropic Efforts

Weichert, Realtors began holding an annual golf outing in 2001 for the American Cancer Society to benefit breast cancer research. The company has since raised more than $1,000,000 in donations.

Awards and Recognition

In 2016, Weichert’s Workforce Mobility company was named Relocation Management Company of the Year by EMMA. Weichert ranked #219 on Forbes’ America’s Best Employers list for 2016.

References

Weichert, Realtors Wikipedia

(Text) CC BY-SA