Is the initial franchise fee for a Corcoran franchise negotiable?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
ms. This Note applies to the table above, as well as to the table below.
- [3] These fees are negotiable by us. We have the right to vary, negotiate or reduce the initial franchise fee. The initial franchise fee for your Main Office is $25,000 and the initial franchise fee for your Branch Office is $10,000. The one-time fee for a Limited Purpose Office is $2,000. We have right to reduce or waive the initial franchise fee for eligible franchisees pursuant to our franchise sales incentive program. As of the issuance date of this disclosure document, the initial fra
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 34–40)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the initial franchise fee is negotiable. The FDD states that Corcoran has the right to vary, negotiate, or reduce the initial franchise fee. The initial franchise fee for a Main Office is listed as $25,000, while it is $10,000 for a Branch Office, and $2,000 for a Limited Purpose Office.
Corcoran may also reduce or waive the initial franchise fee for eligible franchisees through their franchise sales incentive program. As of the issuance date of the 2025 disclosure document, the initial franchise fee for a Main Office is waived under this program. Item 5 provides further details on this program.
This indicates that the initial investment for a Corcoran franchise can potentially be lower than the stated amount, depending on negotiations with Corcoran and eligibility for incentive programs. Prospective franchisees should inquire about the specific criteria for these reductions or waivers and understand the terms of the franchise sales incentive program to determine if they qualify.