What is the Christies International Real Estate franchisee acknowledging about their independent investigation of the operations?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
STIE'S INTERNATIONAL REAL ESTATE business or any other purpose. Our recommendation indicates only that we believe that the site meets our then acceptable criteria. In addition, any recommendations, suggestions, or approvals of a proposed site are not a warranty, guarantee or representation that the site will achieve any level or amount of sales, revenue or profit as a CHRISTIE'S INTERNATIONAL REAL ESTATE business location.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, franchisees acknowledge that their decision to develop a Christies International Real Estate business is based on their own independent investigation regarding the suitability of the location. This means that Christies International Real Estate does not guarantee the success of a specific site.
Christies International Real Estate may offer recommendations, suggestions, or approvals for a proposed site. However, these should not be interpreted as a warranty, guarantee, or representation of future financial performance. The franchisee carries the responsibility to assess the location's potential for sales, revenue, and profit.
This acknowledgement underscores the importance of thorough due diligence on the part of the prospective franchisee. Before committing to a location, franchisees should conduct their own market research, assess local competition, and evaluate the demographic and economic factors that could impact the success of their Christies International Real Estate business. Franchisees should not rely solely on the franchisor's opinions when making location decisions.