Does Counselor Realty require franchisees to cooperate with Counselor Realty and its affiliates on all transactions?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) You agree to open the Office within the time required under Section 1.2 of this Agreement (subject to extension in Counselor's sole discretion) and to operate it in accordance with the System and this Agreement. You agree to cooperate with us and our affiliates on all transactions in which you are involved and to pay commissions in accordance with contractual splits and rates and in accordance with industry norms.
Source: Item 22 — CONTRACTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees must cooperate with Counselor Realty and its affiliates on all transactions. Specifically, the franchisee agrees to cooperate with Counselor Realty and its affiliates on all transactions in which they are involved. They must also pay commissions according to contractual splits and rates, and in accordance with industry norms. This requirement is part of the franchisee's acceptance of the franchise agreement.
This obligation means that a Counselor Realty franchisee is expected to work collaboratively with the franchisor and its related entities in any real estate deals or business activities. This could involve sharing information, adhering to specific procedures, or aligning strategies to ensure smooth and efficient transactions.
For a prospective franchisee, this requirement highlights the importance of understanding the nature of Counselor Realty's affiliates and the types of transactions where cooperation will be necessary. It also underscores the need to be prepared to adhere to established commission structures and industry standards, which could impact profitability and business operations. Franchisees should seek clarity on what specific actions or behaviors constitute 'cooperation' to avoid potential misunderstandings or conflicts.