When was Counselor Realty, Inc. incorporated?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
The franchisor is COUNSELOR REALTY FRANCHISING, INC. ("Counselor"), a Minnesota corporation located at 3200 NW Main Street, Suite 110, Coon Rapids, Minnesota 55448; 612-405-8404; www.counselorrealty.com. Counselor Realty, Inc. ("Counselor Realty"), a Minnesota corporation incorporated on December 18, 1964, and located at the same address as Counselor, conducts a residential and commercial real estate brokerage business. Counselor's and Counselor Realty's parent, Counselor Holding, Inc. ("Counselor Holding") owns and provides administrative support to Counselor and Counselor Realty. Counselor was incorporated in May, 2001 to conduct franchising operations. Counselor actually commenced business operations and first offered franchises in 2002. Counselor has no predecessors. Counselor has no affiliates which offer franchises in any line of business, and, except for Counselor Holding, Counselor has no affiliates which offer products or services to Counselor franchisees. No officer or director of Counselor owns an interest in any entity that competes with Counselor. Counselor conducts business under its corporate name. Counselor's agent for service of process in Minnesota is the Minnesota Department of Commerce, 85 7th Place East, Suite 280, St. Paul, Minnesota 55101- 2198.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS AND AFFILIATES (FDD pages 7–8)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, Counselor Realty, Inc. was incorporated on December 18, 1964. It is a Minnesota corporation that conducts a residential and commercial real estate brokerage business. Counselor Realty shares the same address as Counselor Realty Franchising, Inc., the franchisor, at 3200 NW Main Street, Suite 110, Coon Rapids, Minnesota 55448.
Counselor Realty's parent company, Counselor Holding, Inc., provides administrative support to both Counselor Realty and the franchisor. This corporate structure means that Counselor Realty, as an established real estate brokerage, has a long operating history predating the franchising operations.
For a prospective franchisee, this indicates that the Counselor Realty brand has a history in the real estate market dating back to 1964. This longevity could provide a level of brand recognition and trust in the local market that a newer brand might lack. However, the FDD also states that Counselor Realty may compete with franchisees within their territory, so understanding the dynamics between the franchisor, Counselor Realty, and other franchisees is important.