To whom is the initial fee paid when starting a Counselor Realty franchise?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Type of Expenditure | (2) Amount | (3) Method of Payment | (4) When Due | (5) To Whom Payment is to be Made |
|---|---|---|---|---|
| Initial Fee (see Item 5) | $7,500 to $15,000 | Lump sum | When you sign Franchise Agreement | Counselor |
Source: Item 7 — INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the initial franchise fee, which ranges from $7,500 to $15,000, is paid to Counselor Realty. This fee is due in a lump sum when the Franchise Agreement is signed.
This initial fee is part of the total estimated initial investment, which ranges from $22,850 to $105,700. Other expenses include real estate lease and improvements, fixtures and furnishings, opening inventory of supplies, insurance, training costs, internet development, signage, professional fees, and additional funds for three months of operations. These other expenses are paid to various vendors, insurance carriers, attorneys, accountants, employees, suppliers, and utilities.
Prospective franchisees should note that, with few exceptions, all fees paid to Counselor Realty are non-refundable. Fees paid to third parties may be refundable at the discretion of the third party. Understanding the payment schedule and to whom payments are made is crucial for managing the initial investment when starting a Counselor Realty franchise.