What happens if Counselor Realty consents to a Counselor Realty franchisee opening an Additional Office?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
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You may apply to open one or more additional offices within your designated Territory (an "Additional Office") by submitting a request to Counselor describing the location of such proposed Additional Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Additional Office location (the "Additional Office Application Materials"). After Counselor's receipt of such Additional Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Additional Office Application Materials and proposed Additional Office location and notify you whether or not Counselor consents to your opening of such Additional Office location. Any Additional Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standards.
Source: Item 12 — TERRITORY (FDD pages 21–23)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, if Counselor Realty consents to a franchisee opening an Additional Office within their designated territory, the Additional Office must comply with all requirements of the Franchise Agreement and the then-current System standards. To apply for an Additional Office, the franchisee must submit a request to Counselor Realty describing the location of the proposed Additional Office, along with any additional information Counselor Realty may require, and a one-time fee of $750 for each Additional Office location. After receiving the application materials and fee, Counselor Realty has 30 days to review the application and notify the franchisee whether or not they consent to the opening of the Additional Office.
Furthermore, any sales agents operating out of the Additional Office will be counted as part of the number of sales agents operating from the franchisee's main office for the purposes of Section 1.3(a) of the Franchise Agreement. This means that the sales performance of the Additional Office contributes to the overall performance metrics of the franchise.
It is important to note that obtaining consent for an Additional Office does not alter the franchisee's obligations to maintain a minimum number of sales agents in their primary office. The Additional Office simply contributes to the overall agent count for performance evaluation. This arrangement can be beneficial for franchisees looking to expand their operations and increase their market presence within their existing territory, while also consolidating their sales agent count for performance assessment.