Realty World Franchise

franchise
a statutory right or privilege granted to a person or group by a government (especially the rights of citizenship and the right to vote)
An authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products
grant a franchise to
A business or service given such authorization to operate
an authorization to sell a company's goods or services in a particular place
An authorization given by a league to own a sports team

realty
real property: property consisting of houses and land
Real, fixed property
In English Common Law, real property, real estate, realty, or immovable property is any subset of land that has been legally defined and the improvements to it made by human efforts: any buildings, machinery, wells, dams, ponds, mines, canals, roads, various property rights, and so forth.
Refers to land and buildings and other improvements from a physical standpoint. Real Estate and Real Property tend to be used interchangeably with Realty in everyday usage. Contrast with personalty.

world
global: involving the entire earth; not limited or provincial in scope; "global war"; "global monetary policy"; "neither national nor continental but planetary"; "a world crisis"; "of worldwide significance"
The earth, together with all of its countries, peoples, and natural features
Denoting one of the most important or influential people or things of its class
All of the people, societies, and institutions on the earth
universe: everything that exists anywhere; "they study the evolution of the universe"; "the biggest tree in existence"
people in general; especially a distinctive group of people with some shared interest; "the Western world"