By what day of the month must a Counselor Realty franchisee pay the Base Monthly Fee?
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).
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 the Base Monthly Fee on or before the 20th day of each month. Counselor Realty will send an invoice at the beginning of each month for the Base Monthly Fee. The Base Monthly Fee is $371, which covers the first five agents operating through the franchisee's office.
In addition to the Base Monthly Fee, a Counselor Realty franchisee must also pay Continuing Agent Fees. These fees are $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. Counselor Realty will send an invoice at the beginning of each month for the Continuing Agent Fee, and the franchisee must pay it on or before the 20th day of that month.
It is important to note that if Counselor Realty has consented to any Additional Office locations or Extension Office locations, any licensed agents operating from these locations will be included in the total number of agents when calculating the Continuing Agent Fees. This could increase the amount a franchisee owes each month, depending on the number of agents operating from these additional locations.