Where can Corcoran revise the required form of payment?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
You must pay amounts due to us using ePay, a web-based, self-service application for electronic payments.
We may revise the required form of payment from time to time in the P&P Manual and you must comply with any changes.
Source: Item 23 — RECEIPTS (FDD pages 75–276)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the brand may revise the required form of payment from time to time in the P&P Manual. The franchisee must comply with any changes made to the required payment form.
This means that Corcoran franchisees are initially required to make payments via ePay, a web-based, self-service application for electronic payments. However, Corcoran retains the right to modify this payment method. These modifications will be documented in the P&P (Policies and Procedures) Manual, which franchisees are obligated to follow.
For a prospective franchisee, this clause indicates that the payment methods could change during the franchise term. It is important to regularly review updates to the P&P Manual to stay informed about any changes to the payment procedures to remain compliant with Corcoran's requirements.