How often must I pay the royalty fee to Christies International Real Estate?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
We reserve the right to require that you to pay a monthly advertising fee ("Advertising Fund Fee") for deposit into a system marketing fund (the "Advertising Fund").
As of the Effective Date, we have not established an Advertising Fund, and we do not collect the Advertising Fund Fee.
We may implement, begin collecting, and increase the Advertising Fund Fee at any time upon written notice to you; however, the Advertising Fund Fee will not exceed three percent (3%) of Gross Revenue.
If we begin collecting the Advertising Fund Fee, you will pay the Advertising Fund Fee in the same manner and at the same time as the Royalty Fee.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, the frequency of royalty fee payments is tied to the advertising fee. Currently, Christies International Real Estate does not have an advertising fund, so franchisees are not yet required to pay an advertising fee.
However, Christies International Real Estate reserves the right to implement and collect an advertising fee at any time, providing written notice to franchisees. The advertising fee will not exceed three percent of gross revenue.
Should Christies International Real Estate begin collecting the advertising fee, franchisees will be required to pay it in the same manner and at the same time as the royalty fee. The FDD does not specify the exact payment schedule for the royalty fee itself, only that the advertising fee, if implemented, would follow the same schedule. A prospective franchisee should clarify the exact payment schedule for the royalty fee with Christies International Real Estate.