factual

Is the Continuing Agent Fee for Counselor Realty a one-time fee or a recurring fee?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

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(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
Continuing Agent Fee $32 to $53 per licensed agent operating from or through your Office Payable monthly by the 20th day of the month See Note B
(1) (2) (3) (4)
Name of Fee Amount Due Date Remarks
Late Charges Lesser of 8% per year or maximum contract rate of interest allowed by law Payable when billed See Note H
Insufficient Funds/ Return Fees Amount of the insufficient funds or return fee charged by Counselor's bank Payable when billed See Note I
Training Fees $175 per hour, plus all travel, living and incidental expenses Payable when billed See Note J
Legal Fees As incurred Payable when billed See Note K
(1) (2) (3) (4)
Name of Fee Amount Due Date Remarks
Late Charges Lesser of 8% per year or maximum contract rate of interest allowed by law Payable when billed See Note H
Insufficient Funds/ Return Fees Amount of the insufficient funds or return fee charged by Counselor's bank Payable when billed See Note I
Training Fees $175 per hour, plus all travel, living and incidental expenses Payable when billed See Note J
Legal Fees As incurred Payable when billed See Note K

Source: Item 6 — OTHER FEES (FDD pages 9–13)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, the Continuing Agent Fee is a recurring monthly fee. Franchisees must pay this fee to Counselor Realty based on the number of licensed agents operating through their office, including any Additional Offices and Extension Offices, at any time during the month. The fee structure is tiered: $53 per licensed agent for the 6th through 15th agent, $37 per licensed agent for the 16th through 35th agent, and $32 per licensed agent for the 36th and each additional agent.

For example, if a franchisee has 50 licensed agents operating through their offices in a given month, the Continuing Agent Fee for that month would be $1,750. This is calculated by multiplying $53 by 10 (for agents 6-15), $37 by 20 (for agents 16-35), and $32 by 15 (for agents 36-50). 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.

Franchisees must also notify Counselor Realty immediately in writing each time a licensed agent begins operating through their office, including any Additional Offices or Extension Offices. The Continuing Agent Fee is payable monthly by the 20th day of the month, as outlined in the table. This recurring fee is an important factor for prospective franchisees to consider when evaluating the ongoing costs of operating a Counselor Realty franchise.

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.