What is Counselor Realty's consent to any Extension Office location contingent on?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
rements of the Franchise Agreement and then-current System standards.
- (c) You may apply to open one or more additional offices outside of your designated Territory (an "Extension Office") by submitting a request to Counselor describing the location of such proposed Extension Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Extension Office location (the "Extension Office Application Materials"). After Counselor's receipt of such Extension Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Extension Office Application Materials and proposed Extension Office location and notify you whether or not Counselor consents to your opening of such Extension Office location. Counselor's consent to any Extension Office location will be contingent on you and Counselor reaching a mutual agreement as to the minimum number of sales agents that will operate from the Extension Office. Any Extension Office we consent to must comply with all requ
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, consent to an Extension Office is contingent upon reaching a mutual agreement with the franchisee regarding the minimum number of sales agents that will operate from that Extension Office. This agreement is a prerequisite for Counselor Realty's approval of the Extension Office location.
The agreement on the minimum number of sales agents is not just a one-time requirement. The franchisee must maintain this agreed-upon number on an ongoing basis. One of these agents must be a supervising broker. Failure to maintain the minimum number of sales agents can lead to Counselor Realty requiring the franchisee to close the Extension Office or even terminating the entire Franchise Agreement.
If Counselor Realty elects to have the franchisee close the Extension Office, the franchisee must cease using Counselor Realty's System and Marks, pay all outstanding dues, and remove any distinctive elements that resemble Counselor Realty's branding. Counselor Realty also reserves the right to access and remove confidential information. Furthermore, the franchisee will not receive any territorial protections for the Extension Office, meaning that Counselor Realty or other licensees can operate nearby without restriction.