When does the five-year term of the Counselor Realty franchise agreement begin?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
The agreement term is five years beginning on the date the office opens.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the franchise agreement term is five years, beginning on the date the office opens. This means that the agreement's duration is directly tied to the commencement of business operations at the franchisee's location. For a prospective Counselor Realty franchisee, this is an important detail to consider during the planning phase.
Specifically, the franchisee should align their business launch timeline with the agreement's start date. This ensures that the franchisee maximizes the benefits of the franchise agreement for the full five-year term. It also means that any delays in opening the office will effectively shorten the period during which the franchisee can operate under the Counselor Realty franchise.
This arrangement is fairly standard in the franchise industry, as it links the agreement's term to the franchisee's active operation of the business. Franchisees should confirm all details regarding the opening date with Counselor Realty to ensure clarity and avoid any potential misunderstandings about the agreement's duration.