Are Allowances for Christies International Real Estate based on individual or network-wide purchases?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
We and our affiliates have the right to receive, collect and retain payments, manufacturing allowances, marketing allowances, rebates, credits, monies, or benefits (collectively, "Allowances") offered by our suppliers to you or to us or our affiliates based upon your and/or other Affiliates' purchases of products and services. These Allowances may be based on individual or network-wide purchases of products and services. You assign to us or our designee all of your right, title and interest in and to any and all such Allowances and authorize us or our designee to collect and retain any or all such Allowances without restriction (unless otherwise prohibited by the supplier). We may use all amounts so received for any purpose we and our affiliates deem appropriate.
During our last fiscal year that ended December 31, 2024, we did not receive any Allowances from the sale of required products and services to our Affiliates.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 20–24)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, allowances from suppliers can be based on both individual and network-wide purchases made by franchisees. These allowances include payments, manufacturing allowances, marketing allowances, rebates, credits, monies, or benefits offered by suppliers.
Christies International Real Estate retains the right to collect and keep these allowances, using them for purposes the company deems appropriate. Franchisees are required to assign their rights to these allowances to Christies International Real Estate or its designee, allowing the company to collect and retain them without restriction, unless the supplier prohibits such an arrangement.
For the fiscal year ending December 31, 2024, Christies International Real Estate did not receive any allowances from the sale of required products and services to its affiliates. This does not mean that allowances will not be received in the future, but it provides a recent example of the allowance situation. Prospective franchisees should consider that while they may be contributing to the generation of these allowances through their purchases, they will not directly benefit from them, as these are retained by Christies International Real Estate.