What is the frequency of the Royalty Fee payments for a Christies International Real Estate franchise?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| Fee (Note 1) | Amount (Note 2) | Due Date | Remarks |
|---|---|---|---|
| Royalty Fee | 3% to 6% of Gross Revenues, depending on whether your Protected Territory is exclusive and other factors | Monthly | Paid via Electronic Funds Transfer (EFT). You and we will negotiate your Royalty Fee, which will vary based on whether your Protected Territory is exclusive and other factors. It will range between 3% and 6%. |
Source: Item 6 — OTHER FEES (FDD pages 14–17)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the Royalty Fee is paid monthly via Electronic Funds Transfer (EFT). The Royalty Fee ranges from 3% to 6% of Gross Revenues, depending on whether your Protected Territory is exclusive and other factors. The specific Royalty Fee will be negotiated between Christies International Real Estate and the franchisee.
Christies International Real Estate requires franchisees to sign and deliver all necessary bank documents to permit the company to debit the franchisee's bank account via ACH Electronic Transfer for all fees and payments due. Franchisees must notify Christies International Real Estate within one day if they change their bank account or transfer it to a different bank, and provide new documents to permit the company to debit the new account within three days.
It is important for prospective Christies International Real Estate franchisees to understand how the Royalty Fee is calculated and when it is due, as these are ongoing obligations that will impact their profitability. Understanding the factors that influence the Royalty Fee percentage during the negotiation process is also crucial. Franchisees should also be aware of the requirements for electronic funds transfers and the need to promptly update bank account information to avoid any disruptions in payments.