When is the Counselor Realty base monthly fee due?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Name of Fee | (2) Amount | (3) Due Date | (4) Remarks |
|---|---|---|---|
| Base Monthly Fee | $371 per month | Payable monthly by the 20th day of the month | See Note A |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the base monthly fee is due by the 20th day of each month. The base monthly fee is $371 per month. This fee covers the first five licensed agents operating through the franchisee's office.
It's important for prospective franchisees to note that this is just one of several fees they will be responsible for paying to Counselor Realty. Other fees include a Continuing Agent Fee, which varies depending on the number of licensed agents operating through the office, as well as potential fees for website setup, mobile app usage, advertising, training, and legal costs.
Franchisees should carefully review Item 6 of the FDD to understand all the fees they will be required to pay and the circumstances under which those fees may increase. Understanding the due dates for all fees is crucial for maintaining a good financial standing with Counselor Realty and avoiding late payment penalties.