What is the latest date each month that the Counselor Realty Website Fee must be paid?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
At the beginning of each month, we will send you an invoice for the amount of the Website Fee you owe us for the current month, and you must pay us the amount of such Continuing Agent Fee on or before the 20th day of such month.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees are required to pay their monthly Website Fees on or before the 20th day of each month. Counselor Realty will send an invoice at the beginning of each month for the Website Fee amount due.
The Website Fee covers the cost of maintaining a webpage for each office location, including any Additional Offices and Extension Offices. It also includes a fee of $25 for each licensed agent who chooses to have an optional agent website provided by Counselor Realty. For example, if a franchisee has 10 agents with optional websites, the Website Fee would be $325 ($75 plus $25 multiplied by 10).
It is important to note that Counselor Realty has the discretion to increase the Website Fee during the term of the Franchise Agreement. Franchisees should factor in potential fee increases when budgeting and planning their finances. Paying fees on time is crucial, as late payments may incur interest and other penalties.