What is the obligation of Counselor Realty to send an invoice for the Base Monthly Fee?

According to Counselor Realty's 2025 Franchise Disclosure Document, Counselor Realty is obligated to send an invoice for the Base Monthly Fee. Specifically, Counselor Realty will send an invoice at the beginning of each month. The franchisee is then required to pay the Base Monthly Fee on or before the 20th day of that month. The Base Monthly Fee is $371, which covers the first five agents operating through the franchisee's office.

This invoicing process is a standard practice in franchising, ensuring that franchisees are aware of their financial obligations and have a clear record of payments due. By sending an invoice at the beginning of the month, Counselor Realty provides franchisees with ample time to manage their finances and make timely payments. The due date of the 20th day of the month also allows franchisees to align their payment schedules with their own revenue cycles.

It is important for prospective franchisees to understand this monthly fee and payment schedule, as it represents an ongoing cost of operating a Counselor Realty franchise. Failure to pay the Base Monthly Fee on time could result in late fees or other penalties, as outlined elsewhere in the Franchise Agreement. Therefore, franchisees should ensure they have sufficient funds available to cover this expense each month.