What is the amount of the Base Monthly Fee that a Counselor Realty franchisee must pay?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
provided in Section 1.2, the Initial Franchise Fee is nonrefundable.
5.2 Base Monthly Fee. You must pay us a Base Monthly Fee of $371. At the beginning of each month, we will send you an invoice for the Base Monthly Fee, and you must pay us that fee on or before the 20th day of such month.
5.3 Continuing Agent Fees. The Base Monthly Fee above includes the first 5 agents operating through your Office. You must pay us a monthly Continuing Agent Fee in an amount equal to $53 per licensed agent for the sixth through 15th licensed agent operating through your Office; $37 per licensed agent for the 16th through 35th licensed agent operating through your Office; and $32 per licensed agent for the 36th and each additional licensed agent operating through your Office. For purposes of clarity, if you have 50 licensed agents operating through your Office for a certain month, your Continuing Agent Fee for that month would be $1,750 ($53 multiplied by 10, plus $37 multiplied by 20, plus $32 multiplied by 15). For purposes of calculating the Continuing Agent Fee pursuant to this Section 5.3, the number of agents operating through your Office for any given month shall be the number of licensed agents listed as operating through your Office with the Minnesota Department of Commerce on the first day of the applicable month. At the beginning of each month, we will send you an invoice for the amount of the Continuing Agent Fee you owe us for the current month, and you must pay us the amount of such Continuing Agent Fee on or before the 20th day of such month.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, a franchisee must pay a Base Monthly Fee of $371. This fee is invoiced at the beginning of each month and is due by the 20th of that month. The Base Monthly Fee covers the first five agents operating through the franchisee's office.
In addition to the Base Monthly Fee, Counselor Realty charges Continuing Agent Fees for each agent beyond the initial five. The Continuing Agent Fee is $53 per licensed agent for the 6th through 15th agents, $37 per licensed agent for the 16th through 35th agents, and $32 per licensed agent for the 36th and each additional agent. These fees are also invoiced monthly and due by the 20th of the month.
For example, if a Counselor Realty franchisee has 50 licensed agents, the Continuing Agent Fee would be $1,750, calculated as follows: ($53 multiplied by 10) + ($37 multiplied by 20) + ($32 multiplied by 15). The number of agents is determined by the number of licensed agents listed with the Minnesota Department of Commerce on the first day of the month. Agents operating from any Additional Office or Extension Office locations are included in this calculation.