What is the initial fee for a Christies International Real Estate franchise?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
INVESTMENT
| Type of Expenditure (Note 1) | Estimated Amount | Method of Payment | When Due | To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Fee | $35,000 | Lump sum | When you sign the License | Us |
| (Note 2) | A |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 17–20)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the initial franchise fee is $35,000. This fee is payable as a lump sum when the License Agreement is signed and is non-refundable.
For prospective franchisees, this means that $35,000 must be paid upfront to Christies International Real Estate to secure the franchise license. This fee grants the franchisee the right to operate under the Christies International Real Estate brand and utilize their business system. It's important to note that this fee is separate from other initial investment costs, such as training expenses, leasehold improvements, and equipment.
As the FDD notes, the initial investment estimates assume the franchisee is an existing real estate brokerage company with approximately 50 affiliated real estate agents converting to a Christies International Real Estate franchise. If the franchisee is starting a new real estate brokerage, the initial investment costs, beyond the initial franchise fee, will likely be higher than the estimates provided in the FDD. Therefore, it is crucial for prospective franchisees to carefully assess their financial situation and consider all potential costs before investing in a Christies International Real Estate franchise.