Can Christies International Real Estate collect Allowances without restriction?
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, Christies International Real Estate and its affiliates have the right to collect and retain payments, manufacturing allowances, marketing allowances, rebates, credits, monies, or benefits (collectively, "Allowances") offered by suppliers based on franchisee purchases of products and services. These Allowances can be based on individual or network-wide purchases.
As a Christies International Real Estate franchisee, you assign all rights to these Allowances to Christies International Real Estate or their designee. This means Christies International Real Estate has the authority to collect and retain these Allowances without restriction, unless the supplier prohibits it. The FDD states that Christies International Real Estate can use these funds for any purpose they deem appropriate.
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. However, this does not guarantee that Allowances will not be collected in the future. Franchisees should be aware that this arrangement could incentivize Christies International Real Estate to favor suppliers offering Allowances, potentially impacting the franchisee's costs or choices.