factual

What item in the Counselor Realty FDD discusses continuing agent fees?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

Continuation of your rights in the Territory is contingent on your achieving and maintaining the minimum sales agent schedule agreed upon by you and Counselor, and on your payment of continuing agent fees based on that schedule. See Item 6.

Source: Item 12 — TERRITORY (FDD pages 21–23)

What This Means (2025 FDD)

According to Counselor Realty's 2025 Franchise Disclosure Document, Item 12 discusses continuing agent fees. Specifically, it mentions that the continuation of a franchisee's rights in their territory is contingent on achieving and maintaining the minimum sales agent schedule agreed upon with Counselor Realty, and on the payment of continuing agent fees based on that schedule. Item 6 is also referenced in relation to this topic.

This means that a Counselor Realty franchisee's ability to maintain their territorial rights is directly tied to their ability to recruit and retain a sufficient number of sales agents, as well as paying the associated continuing fees. Failure to meet these requirements could result in the loss of exclusive territorial rights, alteration of the territory, or even termination of the Franchise Agreement.

Prospective franchisees should carefully review Item 6 of the FDD to understand the specific details of how continuing agent fees are calculated and paid. They should also discuss with Counselor Realty the minimum sales agent schedule required for their territory and the potential consequences of not meeting those requirements. Understanding these obligations is crucial for assessing the financial viability and long-term success of a Counselor Realty franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.