What information must be included in the confidential franchise application for Counselor Realty?
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.
You may apply to open one or more additional offices outside of your designated Territory (an "Extension Office") by submitting a request to Counselor describing the location of such proposed Extension Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Extension Office location (the "Extension Office Application Materials"). After Counselor's receipt of such Extension Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Extension Office Application Materials and proposed Extension Office location and notify you whether or not Counselor consents to your opening of such Extension Office location. Counselor's consent to any Extension Office location will be contingent on you and Counselor reaching a mutual agreement as to the minimum number of sales agents that will operate from the Extension Office. Any Extension Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standa
Source: Item 5 — INITIAL FEES (FDD page 9)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the Counselor Realty franchise agreement outlines the process for opening additional offices, which requires submitting a request to Counselor Realty. To open an "Additional Office" within the franchisee's designated territory, the franchisee must describe the location of the proposed Additional Office and include any other information Counselor Realty may require or request. A one-time fee of $750 for each Additional Office location must also be submitted as part of the "Additional Office Application Materials".
Similarly, to open an "Extension Office" outside the designated territory, the franchisee must submit a request to Counselor Realty that describes the location of the proposed Extension Office and any additional information Counselor Realty may require or request. This submission must also include a one-time fee of $750 for each Extension Office location, referred to as the "Extension Office Application Materials".
Counselor Realty will then review the application materials and notify the franchisee of their decision within 30 days. For Extension Offices, Counselor Realty's consent is contingent upon reaching a mutual agreement regarding the minimum number of sales agents that will operate from the Extension Office. All Additional and Extension Offices must comply with the requirements of the Franchise Agreement and the current System standards.