What is the title of the individual who must operate the Christies International Real Estate Business on a full-time basis?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
At the time you sign the License Agreement, you will identify one individual who will operate the Business on a full-time basis (the "Responsible Broker"). The Responsible Broker must be a licensed real estate broker in all jurisdictions you will operate the Business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 7–11)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate Franchise Disclosure Document, the individual who must operate the Business on a full-time basis is called the "Responsible Broker." This individual must be identified at the time the License Agreement is signed.
The Responsible Broker is required to be a licensed real estate broker in all jurisdictions where the Christies International Real Estate franchise operates. This requirement ensures that the Business is managed by a qualified professional who is legally authorized to conduct real estate transactions in the relevant areas.
This stipulation is important for prospective franchisees as it highlights the need to have a qualified and licensed individual in a leadership role. Franchisees must ensure that their Responsible Broker meets all licensing requirements to avoid any legal or operational issues. This also underscores Christies International Real Estate's commitment to maintaining high standards of professionalism and compliance within its franchise network.