What was the total number of Christies International Real Estate franchise transfers in 2022?
Christies_International_Real_Estate Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| TOTAL | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 47–53)
What This Means (2025 FDD)
According to the 2025 Christies International Real Estate FDD, there were no franchise transfers in 2022. The table provided indicates the number of transfers from franchisee to new owners, other than the franchisor, was zero for the year 2022. This suggests that no existing Christies International Real Estate franchises were sold to a new franchisee during that year.
For a prospective franchisee, this information is relevant in assessing the stability and desirability of existing Christies International Real Estate franchise locations. A high number of transfers might indicate franchisees are struggling or looking to exit the system, while a low number, as in this case, could suggest satisfaction among current owners.
However, it is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Christies International Real Estate itself or closed down. Therefore, while no franchises were sold to new owners, other changes in ownership or outlet status might have occurred. A prospective franchisee should investigate further to understand the reasons behind any franchise closures or non-renewals to get a comprehensive view of franchise performance and stability within the Christies International Real Estate system.