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Does Counselor Realty have to approve an Additional Office if the location meets all the requirements?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

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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 a 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 12 — TERRITORY (FDD pages 21–23)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, a franchisee must obtain written consent from Counselor Realty before opening or operating any additional office locations. To open an additional office within the designated territory, a franchisee must submit a request to Counselor Realty that describes the location of the proposed Additional Office, along with any additional information Counselor Realty may require. A one-time fee of $750 for each additional office location must also be submitted with the request as part of the "Additional Office Application Materials."

After Counselor Realty receives the Additional Office Application Materials, including the $750 fee, they have 30 days to review the application materials and proposed location. Following this review, Counselor Realty will notify the franchisee whether or not they consent to the opening of the Additional Office location.

It is important to note that any Additional Office that Counselor Realty consents to must comply with all requirements of the Franchise Agreement and the then-current System standards. This means that even if a location meets general requirements, Counselor Realty still has the discretion to deny the request. If Counselor Realty consents to the Additional Office, any sales agents operating out of the Additional Office will be counted as part of the number of sales agents operating from the franchisee's main office for purposes of Section 1.3(a) of the Franchise Agreement.

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.