What is the role of the Responsible Broker for a Christies International Real Estate franchise?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
- 21.12. "Responsible Broker" means the Principal Owner we approved who will oversee the Business operations, who will represent you in interacting with us, and who holds all the necessary real estate licenses for the Business.
The Responsible Broker must successfully complete our initial training program and all mandatory follow-up training programs.
The Responsible Broker is listed on Exhibit 1.
Source: Item 23 — RECEIPT (FDD pages 54–177)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, the Responsible Broker is a crucial figure for each franchise. This individual must be approved by Christies International Real Estate and will oversee the business operations. They act as the primary point of contact between the franchisee and Christies International Real Estate.
Furthermore, the Responsible Broker is required to hold all necessary real estate licenses for the business to operate legally. This ensures that the franchise adheres to local and national real estate laws and regulations. The Responsible Broker must also successfully complete Christies International Real Estate's initial training program, as well as any mandatory follow-up training programs. This training is designed to equip the Responsible Broker with the knowledge and skills necessary to manage the franchise effectively and in accordance with Christies International Real Estate's standards.
Prospective franchisees should note that the Responsible Broker's role is not merely administrative. Their active participation in training and oversight of operations directly impacts the franchise's ability to meet brand standards and legal requirements. The Responsible Broker is listed on Exhibit 1 of the Franchise Agreement.