Does Corcoran have any predecessors that need to be disclosed?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a Delaware limited liability company, originally formed on October 1, 2015. We intend to do business under our corporate name and the Corcoran® name, and do not intend to do business under any other name. We have no predecessors. We are a wholly owned subsidiary of Anywhere Real Estate Services Group LLC (f/k/a Realogy Services Group LLC ("Anywhere Services Group"), a Delaware limited liability company, a direct wholly owned subsidiary of Anywhere Real Estate Group LLC, a Delaware limited liability company (f/k/a Realogy Group LLC) ("Anywhere Group"). Anywhere Real Estate Group is a direct wholly owned subsidiary of Anywhere Intermediate Holdings LLC (f/k/a Realogy Intermediate Holdings LLC) ("Anywhere Intermediate"), a Delaware limited liability company, and a direct wholly owned subsidiary of Anywhere Real Estate Inc. (f/k/a Realogy Holdings Corp.), a Delaware corporation ("Anywhere"). Anywhere Brands LLC (f/k/a Realogy Franchise Group LLC) ("Anywhere Brands"), a Delaware limited liability company, which is a wholly owned subsidiary of Anywhere Services Group, provides to us administrative and other services and Anywhere Services Group and its subsidiaries provide certain shared services as described below. Our principal business address, as well as the principal business address of Anywhere Brands, Anywhere Services Group, Anywhere Group, Anywhere Intermediate and Anywhere, is 175 Park Avenue, Madison, New Jersey 07940. There are no predecessors that need to be disclosed in this Item 1.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 9–17)
What This Means (2025 FDD)
According to the 2025 FDD, Corcoran Group LLC, formed on October 1, 2015, does not have any predecessors that need to be disclosed. The document clarifies that "we," "our," or "us" refers to Corcoran Group LLC, the franchisor.
Corcoran is a wholly-owned subsidiary of Anywhere Real Estate Services Group LLC, which was formerly known as Realogy Services Group LLC. Anywhere Real Estate Services Group is a direct, wholly-owned subsidiary of Anywhere Real Estate Group LLC, previously known as Realogy Group LLC. Anywhere Real Estate Group is a direct, wholly-owned subsidiary of Anywhere Intermediate Holdings LLC, formerly known as Realogy Intermediate Holdings LLC, and a direct, wholly-owned subsidiary of Anywhere Real Estate Inc., previously known as Realogy Holdings Corp. Anywhere Brands LLC provides administrative and other services to Corcoran.
For prospective franchisees, this means that Corcoran is a relatively new entity (formed in 2015) backed by a larger corporate structure (Anywhere Real Estate Inc.). The absence of predecessors simplifies the business history for potential franchisees to evaluate. However, it is important to note that while Corcoran itself has no predecessors, its parent companies have undergone name changes, which could be relevant for understanding the overall corporate evolution.