factual

Can Christies International Real Estate modify its client referral programs?

Christies_International_Real_Estate Franchise · 2025 FDD

Answer from 2025 FDD Document

You are required to comply with the programs, policies, and procedures that we designate with regard to client referrals from time to time, which may be modified, suspended, or augmented from time to time at our option. If we do not have any referral programs, policies, or procedures in place at the time that you communicate with a client referral, and except as otherwise permitted by us, you are required to direct any client referrals to other Affiliates. If, at the time during the term of the License Agreement, you are a member of an affiliation approved by us, and are required by said affiliation to comply with its programs, policies, and procedures, then you may continue to abide by those approved membership agreements. As of the date of the License Agreement, you will list any third-party affiliations that you are currently a member of on Exhibit 6 to the License Agreement. For any additional, subsequent, or substitute affiliations that you may wish to join, you must secure our approval in advance, and we will update Exhibit 6.

Source: Item 12 — TERRITORY (FDD pages 33–38)

What This Means (2025 FDD)

According to the 2025 Christies International Real Estate Franchise Disclosure Document, franchisees are required to comply with the brand's client referral programs, and Christies International Real Estate has the right to modify these programs.

Christies International Real Estate can modify, suspend, or augment these programs at their discretion. If no referral programs are in place when a franchisee communicates with a client referral, the franchisee is generally required to direct the referral to other Christies International Real Estate affiliates, unless otherwise permitted by the franchisor.

However, if a franchisee is a member of an approved affiliation and is required to comply with its programs, policies, and procedures, they may continue to abide by those membership agreements, provided that these affiliations are disclosed and approved by Christies International Real Estate. Any additional, subsequent, or substitute affiliations require advance approval from Christies International Real Estate.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.