factual

Does Corcoran provide on-the-job training to franchisees?

Corcoran Franchise · 2025 FDD

Answer from 2025 FDD Document

[1] We do not provide any on the job training.

We will make available to you learning materials during Orientation, which may include oral presentations, videos, recordings, recruiting information and other related materials. All of these learning materials are and will remain our sole property. We have the right to change, discontinue or add any education program for the Corcoran® System at any time.

During the operation of your Corcoran® Office(s), we will provide recommendations to you with respect to improvements and changes to the System. The guidance may be in the form of bulletins or other written

materials, electronic communication, consultation by telephone or in person at your Office(s), or by other means. (Franchise Agreement, Section 6.2.2.)

Our Senior Vice President of Learning and Development, Marc Alter, oversees our learning programs. Mr. Alter has been conducting training and educational programs for the Corcoran® brand since July 2017 and has over 10 years of experience in providing real estate industry training and education, including being the founder of a real estate education start-up company. The learning team is comprised of individuals specialized in various areas of the real estate industry or industry related areas.

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, on-the-job training is not provided to franchisees. However, Corcoran will provide learning materials during Orientation, which may include oral presentations, videos, recordings, recruiting information, and other related materials. These learning materials remain Corcoran's property, and they have the right to change, discontinue, or add any education program for the Corcoran System at any time.

During the operation of a Corcoran office, Corcoran will provide recommendations regarding improvements and changes to the System. This guidance may be in the form of written materials, electronic communication, telephone consultation, or in-person visits to the franchisee's office. Marc Alter, the Senior Vice President of Learning and Development, oversees the learning programs and has been conducting training and educational programs for the Corcoran brand since July 2017.

Corcoran also conducts ongoing education courses, seminars, or conferences either online, in the franchisee's area, or elsewhere, such as brand conferences or industry events. Corcoran has the right to determine if and when these courses may be offered, the associated fees, as well as their duration and content. Attendance at these courses is voluntary, and franchisees are responsible for their transportation costs, lodging, meals, and other expenses to attend in-person sessions. Corcoran also intends to provide programs through its learning platform, which they encourage franchisees and their independent sales associates to complete, and may make online learning materials available for use. Additional learning resources are currently provided through a specialized learning team dedicated to providing enhanced learning resources to Corcoran, Anywhere Advisors, and the Real Estate Affiliates.

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.