Who reserves and controls all rights with respect to the metaverse for Christies International Real Estate?

According to the 2025 Christies International Real Estate Franchise Disclosure Document, Christies International Real Estate reserves, maintains, and controls all rights pertaining to the metaverse. This means that as a franchisee, you will not have any exclusive rights or control over real estate activities or branding within virtual world environments.

This reservation of rights extends to all aspects of metaverse-related activities, ensuring that Christies International Real Estate maintains complete authority over its brand's presence and operations in these emerging digital spaces. As a franchisee, your operational rights are limited to physical locations (Main Office and any Additional Offices) and specified channels of distribution, excluding the metaverse.

For a prospective franchisee, this implies that while you can leverage various channels, including the internet, to offer real estate brokerage services, your digital activities will not extend to the metaverse. Christies International Real Estate retains the flexibility to explore and exploit opportunities within the metaverse without any obligation to include or compensate its franchisees. This is a crucial consideration for franchisees who may have an interest in engaging with clients or properties in virtual environments, as those opportunities are exclusively managed by the franchisor.