What is the definition of 'agents operating through your Office' for Counselor Realty fee calculations?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
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). For purposes of calculating the Continuing Agent Fee pursuant to this Section 5.3, the number of agents operating through your Office for any given month shall be the number of licensed agents listed as operating through your Office with the Minnesota Department of Commerce on the first day of the applicable month. At the beginning of each month, we will send you an invoice for the amount of the Continuing Agent Fee you owe us for the current month, and you must pay us the amount of such Continuing Agent Fee on or before the 20th day of such month.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the number of agents operating through your office for Continuing Agent Fee calculations is determined by the number of licensed agents listed as operating through your office with the Minnesota Department of Commerce on the first day of the applicable month. This definition is important because it directly impacts the monthly fees a franchisee will owe to Counselor Realty.
Specifically, the Base Monthly Fee covers the first five agents. Beyond that, Continuing Agent Fees are tiered: $53 per agent for the 6th through 15th agent, $37 per agent for the 16th through 35th agent, and $32 per agent for the 36th and each additional agent. For example, if a franchisee has 50 agents, the Continuing Agent Fee would be $1,750, calculated as ($53 * 10) + ($37 * 20) + ($32 * 15).
Furthermore, if a Counselor Realty franchisee has Additional Office or Extension Office locations, any licensed agents operating from those locations are also included in the total count of agents for the purpose of calculating the Continuing Agent Fees. This means that a franchisee's financial obligations to Counselor Realty are directly tied to the total number of agents across all their approved locations, as reported to the Minnesota Department of Commerce.