What does Counselor Realty issue to the franchisee to indicate approval of the Counselor Realty franchise agreement?

According to the 2025 Counselor Realty Franchise Disclosure Document, the franchise agreement is not considered effective until it has been fully executed by both Counselor Realty and the franchisee. Following this execution, Counselor Realty issues a notice of approval to the franchisee, which signifies that the franchise agreement has been approved.

This notice of approval is a critical step for prospective franchisees. It confirms that Counselor Realty has reviewed and accepted the franchisee's application and agreement. Until this notice is received, the franchisee should not take any further action or make any commitments related to the Counselor Realty franchise.

This process protects both Counselor Realty and the franchisee by ensuring that all terms and conditions are agreed upon and that the franchisee meets the necessary qualifications before the franchise becomes active. It also aligns with standard franchising practices, where franchisors typically reserve the right to approve franchise agreements to maintain brand consistency and ensure franchisee compliance with company standards.

Prospective franchisees should ensure they receive this written notice of approval from Counselor Realty before investing further in the franchise, as any actions taken before receiving this notice are at the franchisee's own risk.