What is the geographic scope of the non-competition covenant for a Counselor Realty franchisee during the franchise term?

According to Counselor Realty's 2025 Franchise Disclosure Document, during the term of the Franchise Agreement, a franchisee is restricted from owning any interest in, working for, engaging in, or assisting any real estate brokerage service business other than Counselor Realty. This restriction applies directly or indirectly to any business that competes with Counselor Realty. The geographic scope of this restriction is limited to at or within 50 miles of the franchisee's Office, Additional Office, or Extension Office, unless Counselor Realty provides prior written approval.

This means that as a Counselor Realty franchisee, you cannot be involved with a competing real estate business within a 50-mile radius of your franchised location. This non-compete agreement is in place to protect Counselor Realty's market share and business interests by preventing franchisees from using the franchisor's resources and knowledge to benefit a competing business during the term of the agreement.

It is important for prospective franchisees to understand the implications of this non-compete clause. If you have existing interests or plan to become involved in other real estate businesses, you must obtain written approval from Counselor Realty to avoid violating the Franchise Agreement. Failing to comply with this clause could result in legal action or termination of the franchise agreement. This restriction ensures that franchisees remain fully committed to the Counselor Realty brand and do not divert resources or expertise to competing ventures within the defined geographic area.