How is the initial fee for a Christies International Real Estate franchise payable?
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. The method of payment is a lump sum, due when you sign the License Agreement. This fee is paid directly to Christies International Real Estate.
This means that a prospective Christies International Real Estate franchisee must have $35,000 available as a one-time payment when committing to the franchise. This is a non-refundable fee, so it's crucial to be certain about the decision before signing the agreement.
Initial franchise fees in the real estate industry typically range from $20,000 to $50,000, so Christies International Real Estate's fee is within the average range. Franchisees should factor this lump sum payment into their initial investment calculations and ensure they have sufficient capital to cover this upfront cost, along with other startup expenses.