Are living expenses for Counselor Realty training fees a fixed amount?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
. At your request, Counselor will provide you and up to two of your key personnel initial training (the amount of such initial training shall be as determined by Counselor) at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. At your request, Counselor will provide supplemental initial and/or ongoing training for you and/or your key personnel at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. You must pay Counselor a fee for training (including initial training) in the amount of $175 per trainer per hour. In addition, you must pay all travel, living and incidental expenses you and your employees, and our trainers, incur in connection with training, which Counselor estimates could range from $0 (if you and our trainers do not have to travel to attend training) to $750 per person per day. The exact amount of the fees and costs are unknown and may vary depending upon factors, such as third-party vendors selected. You and your employees will not be paid by Counselor during trainin
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, living expenses for training are not a fixed amount. The FDD states that franchisees must pay for all travel, living, and incidental expenses incurred by themselves, their employees, and Counselor Realty's trainers in connection with training. These expenses could range from $0 to $750 per person per day, depending on travel requirements and other factors. The exact amount of these fees and costs is unknown and may vary depending upon factors, such as third-party vendors selected.
This means a prospective Counselor Realty franchisee should be prepared for potentially significant and variable costs associated with training. The actual cost will depend on the location of the training, the number of people attending, and the duration of the training. The franchisee is also responsible for covering the expenses of Counselor Realty's trainers, which adds to the overall cost.
It is important for prospective franchisees to budget accordingly and to discuss these potential costs with Counselor Realty to get a better understanding of the likely expenses. They should also inquire about ways to minimize these costs, such as choosing training locations that are closer to their office or exploring options for more cost-effective accommodations. Understanding these variable costs is crucial for accurate financial planning when considering a Counselor Realty franchise.
In addition to living expenses, the franchisee must also pay a training fee of $175 per trainer per hour. This fee, combined with the variable travel and living expenses, can make the overall cost of training a significant investment for a new Counselor Realty franchisee.