Century 21 named #1 in real estate on top global franchise

Bunthoeun 10/July/2021 06:48

Century 21 Real Estate LLC, an American real estate agent franchise company founded in 1971,  has been named number 7 in the Entrepreneur’s 2021 top global franchise ranking 200 from across categories. In term of real estate, only Century 21 is on the top of the list.

According to Entrepreneur, companies seeking new franchisees outside the U.S. that had a minimum of five units open abroad as of July 2020 were considered. Other areas include costs and fees, franchisee support, brand strength, and financial strength and stability.

American fast food company McDonald’s is ranked as the top industry player in food and beverage on the list, followed by KFC. Pizza Hut, soon to be introducing in Cambodia market, is ranked number 4.

Century 21 is the only real estate franchise sits on the top

Other than fast food and beverage franchise companies, Century 21 is the only real estate franchise firm has been named on the top of the list; with the net total 11 435 units of both franchise and company-owned that added globally as of  2020, according to Entrepreneur.

Nothing can stop the smartest franchises from growing—not even a pandemic, Jason Feifer, Entrepreneur’s editor-in-chief, was quoted as saying.

“We’ve been impressed with how innovative franchises have pivoted and adapted this past year and are happy to celebrate the ones who keep pushing forward and growing,” he said.

Century 21 Real Estate LLC stated in its announcement, saying that achieving this top ranking further cements the CENTURY 21® brand’s position as a global powerhouse not just within the real estate industry but among the world’s top franchise companies across categories.

“At Century 21 Real Estate we’re constantly pushing ourselves and our system members to ask, ‘what if?’ and challenge the expected norms of the real estate industry,” said Mike Miedler, president and CEO of Century 21 Real Estate LLC.

“It is our commitment to delivering the extraordinary with industry-leading technology, exceptional learning platforms and unique programs focused on driving business growth that is resonating with industry professionals worldwide allowing them to reach their goals and our brand to continue to grow,” he emphasized.

Cambodia is the 75th official country for CENTURY 21®, operating under Century 21 Cambodia. The firm is operating with 23 branches network in Phnom Penh and 38 branches, employing nearly 700 real estate agents across the country.


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