What is the payment schedule for the Base Monthly Fee for Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
provided in Section 1.2, the Initial Franchise Fee is nonrefundable.
5.2 Base Monthly Fee. You must pay us a Base Monthly Fee of $371. At the beginning of each month, we will send you an invoice for the Base Monthly Fee, and you must pay us that fee on or before the 20th day of such month.
5.3 Continuing Agent Fees. The Base Monthly Fee above includes the first 5 agents operating through your Office. You must pay us a monthly Continuing Agent Fee in an amount equal to $53 per licensed agent for the sixth through 15th licensed agent operating through your Office; $37 per licensed agent for the 16th through 35th licensed agent operating through your Office; and $32 per licensed agent for the 36th and each additional licensed agent operating through your Office. For purposes of clarity, if you have 50 licensed agents operating through your Office for a certain month, your Continuing Agent Fee for that month would be $1,750 ($53 multiplied by 10, plus $37 multiplied by 20, plus $32 multiplied by 15). For purposes of calculating the Continuing Agent Fee pursuant to this Section 5.3, the number of agents operating through your Office for any given month shall be the number of licensed agents listed as operating through your Office with the Minnesota Department of Commerce on the first day of the applicable month. At the beginning of each month, we will send you an invoice for the amount of the Continuing Agent 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. If Counselor has consented to any Additional Office locations or Extension Office locations, any licensed agents operating from any such Additional Office locations or Extension Office locations will be counted in the number of agents operating through your Office for purposes of this Section 5.3.
5.4 Advertising Fees.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the Base Monthly Fee is $371. Counselor Realty will send an invoice at the beginning of each month, and franchisees must pay the fee on or before the 20th day of that month. This fee covers the first five agents operating through the franchisee's office.
In addition to the Base Monthly Fee, Counselor Realty franchisees must also pay Continuing Agent Fees. These fees are $53 per licensed agent for the 6th through 15th agents, $37 per agent for the 16th through 35th agents, and $32 per agent for the 36th and each additional agent. For example, if a franchisee has 50 licensed agents, the Continuing Agent Fee would be $1,750, calculated as ($53 * 10) + ($37 * 20) + ($32 * 15). The number of agents is determined by the number listed with the Minnesota Department of Commerce on the first day of the month.
Like the Base Monthly Fee, Counselor Realty will send an invoice for the Continuing Agent Fee at the beginning of each month, and franchisees must pay it by the 20th of that month. If a franchisee has Additional Office or Extension Office locations, the agents operating from those locations are included in the total count for calculating the Continuing Agent Fees. Prospective franchisees should carefully consider these ongoing fees when evaluating the financial viability of a Counselor Realty franchise.