What is the Strategic Partnership Program for Corcoran franchisees?
Corcoran Franchise · 2025 FDDAnswer from 2025 FDD Document
in good condition and create an overall professional image for your Office(s).
We or Anywhere Services Group maintains a list of "Approved Suppliers" that provide trademark-bearing items to be used by our franchisees. Many of these Approved Suppliers participate in Anywhere Services Group's preferred vendor program (the "Strategic Partnership Program") which provides a variety of thirdparty products and services to our franchisees and franchisees of the Real Estate Affiliates for optional purchase. We and/or Anywhere Services Group negotiate purchase arrangements for certain products and
services with Approved Suppliers, including price terms, for the benefit of franchisees. Trademark-bearing products, including signage and stationery, may only be purchased from an Approved Supplier unless you receive our prior written permission to use another supplier. Among the criteria we consider in permitting you to use another supplier is whether the supplier is able to produce the product or service in compliance with our mandatory standards and specifications and other requirements. You must submit product samples and specifications to us for inspection, testing and approval. Our analysis of an alternative supplier in these circumstances usually takes up to 30 days. We do not charge testing and/or inspection fees. We or Anywhere Services Group may limit the number of Approved Suppliers to obtain volume discounts and/or assure consistent quality and adequate supplies for franchisees. We or Anywhere Services Group may revoke a supplier or alternative supplier's approved status, upon notice to the supplier, if the supplier no longer meets our criteria, if it breaches its agreement with us or Anywhere Services Group, or if the products and services offered are no longer competitive in price or quality and we will provide notice to the System within 90 days of such revocation of the supplier or alternative supplier's approval status.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 40–43)
What This Means (2025 FDD)
According to Corcoran's 2025 Franchise Disclosure Document, the Strategic Partnership Program is Anywhere Services Group's preferred vendor program. This program offers a variety of third-party products and services to Corcoran franchisees and franchisees of other Real Estate Affiliates for optional purchase.
Corcoran and/or Anywhere Services Group negotiate purchase arrangements, including price terms, with Approved Suppliers for the benefit of franchisees. Corcoran does not provide franchisees with special benefits or opportunities to acquire additional franchises if they purchase products and services through an Approved Supplier or the Strategic Partnership Program.
Corcoran and its Related Parties have the right to receive fees, payments, rebates, commissions, or other consideration from vendors affiliated with the Strategic Partnership Program. For required purchases of products and services by franchisees from these vendors, Corcoran and its Related Parties have the right to receive consideration that is generally 0% to 5% of the price franchisees pay to vendors. Corcoran and its Related Parties have the right to increase or decrease this percentage in the future and will retain and use any consideration they receive from vendors as they deem appropriate.