factual

Is attendance at Corcoran's ongoing education courses voluntary?

Corcoran Franchise · 2025 FDD

Answer from 2025 FDD Document

We also will conduct ongoing education courses, seminars or conferences either online, in your area or elsewhere, such as brand conferences or industry events. We have the right to determine if and when these courses may be offered, associated fees, as well as their duration and content. If learning sessions are held at our brand conference(s) or industry events, you are responsible for your transportation costs, lodging, meals and other expenses to attend. Your attendance at these courses is voluntary. (Franchise Agreement, Section 6.2.1.) Through our learning platform, we also intend to provide programs which we encourage you and your independent sales associates to complete. We may make online learning materials available for your use. Additional learning resources are currently provided through a specialized learning team dedicated to providing enhanced learning resources to us, Anywhere Advisors and the Real Estate Affiliates.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 48–57)

What This Means (2025 FDD)

According to Corcoran's 2025 Franchise Disclosure Document, attendance at ongoing education courses, seminars, or conferences is voluntary. Corcoran has the right to determine when these courses are offered, the associated fees, duration, and content. These courses may be online, in the franchisee's area, or elsewhere, such as at brand conferences or industry events.

If the learning sessions are held at brand conferences or industry events, the franchisee is responsible for covering their own transportation, lodging, meals, and other related expenses. Corcoran also intends to provide programs through its learning platform, which it encourages franchisees and their independent sales associates to complete.

Corcoran may also make online learning materials available. Additional learning resources are provided through a specialized learning team dedicated to providing enhanced learning resources to Corcoran, Anywhere Advisors, and the Real Estate Affiliates. While attendance at these ongoing education opportunities is not mandatory, Corcoran encourages franchisees to take advantage of them.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.