Where in the Counselor Realty Franchise Agreement can I find information about the 'Fees' section?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
fees periodically for rights licensed or services provided to others.
5. FEES.
5.1 Initial Franchise Fee. We acknowledge receipt from you of an Initial Franchise Fee in the amount of $____________. Except as 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). 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. If Counselor has consented to any Additional Office locations or Extension Office locations, any licensed agents operating from any such Additional Office locations or Extension Office locations will be counted in the number of agents operating through your Office for purposes of this Section 5.3.
5.4 Advertising Fees. If your Office (or any Additional Office or Extension Office) is located within the 11-county metropolitan area of the Twin Cities of Minneapolis and St.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to the 2025 Counselor Realty Franchise Disclosure Document, details regarding fees can be found in Section 5 of the Franchise Agreement. This section covers various fees that a franchisee must pay to Counselor Realty. These fees include the Initial Franchise Fee, which is generally nonrefundable, the Base Monthly Fee of $371, Continuing Agent Fees, and Advertising Fees if the office is located within the 11-county metropolitan area of the Twin Cities of Minneapolis and St. Minnesota.
Section 5.3 outlines the Continuing Agent Fees, which are calculated based on the number of licensed agents operating through the franchisee's office. The fee structure is 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, an office with 50 agents would pay $1,750 in Continuing Agent Fees, calculated as ($53 * 10) + ($37 * 20) + ($32 * 15). The number of agents is determined by the listing with the Minnesota Department of Commerce on the first day of each month. Agents operating from Additional or Extension Offices also count towards this calculation.
Section 5.5 details Website Fees. Franchisees must pay an initial Website Set Up Fee, which covers Counselor Realty's costs to set up a webpage for the office. Additionally, there is a monthly Website Fee of $75 for each office location, plus $25 for each licensed agent who chooses to have an optional agent website provided by Counselor Realty. For instance, if an office has 10 agents with optional websites, the total monthly Website Fee would be $325 ($75 + ($25 * 10)). Counselor Realty retains the right to increase the Website Fee during the term of the agreement at its sole discretion. These fees are invoiced monthly and due by the 20th of each month.
Additionally, Section 1.1(b) and 1.1(c) mention a one-time fee of $750 for each Additional Office or Extension Office location when submitting the application materials. Section 6.1 states that franchisees must pay Counselor Realty a fee for training (including initial training) in the amount of $175 per trainer per hour, along with travel, living, and incidental expenses incurred in connection with the training.