What is the one-time fee required by Counselor Realty for each Extension Office application?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
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You may apply to open one or more additional offices outside of your designated Territory (an "Extension Office") by submitting a request to Counselor describing the location of such proposed Extension Office as well as any additional information Counselor may require or request, along with a one-time fee of $750 for each Extension Office location (the "Extension Office Application Materials"). After Counselor's receipt of such Extension Office Application Materials (including the one-time fee), Counselor will have 30 days to review the Extension Office Application Materials and proposed Extension Office location and notify you whether or not Counselor consents to your opening of such Extension Office location. Counselor's consent to any Extension Office location will be contingent on you and Counselor reaching a mutual agreement as to the minimum number of sales agents that will operate from the Extension Office. Any Extension Office we consent to must comply with all requirements of the Franchise Agreement and then-current System standa
Source: Item 12 — TERRITORY (FDD pages 21–23)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, a franchisee must pay a one-time fee of $750 for each Extension Office application. This fee is required when submitting a request to Counselor Realty to open an additional office outside of the franchisee's designated territory. The request must describe the location of the proposed Extension Office and include any other information Counselor Realty may require.
After Counselor Realty receives the Extension Office application materials, including the $750 fee, they have 30 days to review the application and proposed location. Counselor Realty will then notify the franchisee whether or not they consent to the opening of the Extension Office. Approval is contingent upon reaching a mutual agreement regarding the minimum number of sales agents that will operate from the Extension Office.
It's important to note that any approved Extension Office must comply with all requirements of the Franchise Agreement and the then-current System standards. This fee is non-refundable and covers the administrative costs associated with reviewing the application and assessing the suitability of the proposed location. Prospective franchisees should factor this fee into their budget when considering expanding their operations beyond their initial territory.