factual

What must any Additional Office consented to by Counselor Realty comply with?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

onsent prior to opening or operating any additional Office locations.

  • (b) You may apply to open one or more additional offices within your designated Territory (an "Additional Office") by submitting a request to Counselor describing the location of such proposed Additional Office as well as any additional information Counselor may require or request, along with one-time fee of $750 for each Additional Office location (the "Additional Office Application Materials"). After Counselor's receipt of such Additional Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Additional Office Application Materials and proposed Additional Office location and notify you whether or not Counselor consents to your opening of such Additional Office location. Any Additional Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standards.

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, if a franchisee wants to open an Additional Office, which is an office within their designated territory, they must first seek written consent from Counselor Realty. To do so, the franchisee needs to submit a request describing the location of the proposed Additional Office, along with any other information Counselor Realty may require, and a one-time fee of $750 for each Additional Office location. Counselor Realty then has 30 days to review the application and notify the franchisee of their decision.

If Counselor Realty consents to the Additional Office, the franchisee must ensure that the Additional Office complies with all requirements outlined in the Franchise Agreement and adheres to the then-current System standards. This means the Additional Office must operate under the same guidelines, rules, and standards as the original franchised location.

Furthermore, any sales agents operating out of the Additional Office will be counted as part of the total number of sales agents operating from the franchisee's primary Office for the purpose of maintaining territory exclusivity. This is an important consideration for franchisees as it impacts their ability to maintain the minimum sales agent requirements necessary to retain their exclusive territory rights.

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.