Is there any circumstance under which the initial fee for Christies International Real Estate is refundable?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
this Item 7. None of the fees paid to us in this chart are refundable. Whether such fees paid to third parties are refundable would depend upon their policies. We do not offer direct or indirect financing to Affiliates for any items.
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- Initial Fee. The initial fee is $35,000 and is payable in accorda
Source: Item 5 — INITIAL FEES (FDD pages 13–14)
What This Means (2025 FDD)
According to Christies International Real Estate's 2025 Franchise Disclosure Document, the initial franchise fee of $35,000 is not refundable under any circumstances. This is explicitly stated in Item 7, which outlines the estimated initial investment for a franchisee.
This non-refundable policy is a standard practice in the franchise industry, as the initial fee typically covers the franchisor's expenses in evaluating the franchisee, providing initial training, and setting up the franchise unit. Prospective Christies International Real Estate franchisees should be aware of this policy and carefully consider their decision before paying the initial fee.
While the initial fee is non-refundable, the document does state that whether fees paid to third parties are refundable depends on the policies of those third parties. Therefore, franchisees should check the refund policies of any third-party vendors they work with during the setup process.