factual

Who is responsible for obtaining necessary permits for a Counselor Realty Business and Office?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (c) offer and provide all products and services, and continuously operate the Business, in accordance with the Franchise Policy Guidelines and all applicable laws and regulations;
  • (d) be managed by you or a designated manager involved in the day-to-day operation of the Business; be staffed with qualified and trained employees and licensed real estate agents, in conformity with local, state and federal laws and regulations, who are employed or contracted solely by you, not by us. You are solely responsible for hiring and discharging employees, and setting their wages and terms of employment. You are solely responsible for entering into and terminating contracts with agents;

Source: Item 22 — CONTRACTS (FDD page 32)

What This Means (2025 FDD)

Based on the 2025 Counselor Realty Franchise Disclosure Document, the franchisee is responsible for operating the business in accordance with all applicable laws and regulations. This includes securing all necessary permits and licenses required to operate a Counselor Realty office.

Specifically, the franchisee must ensure they, or a designated manager, manage the business's day-to-day operations. They are also responsible for staffing the office with qualified and trained employees and licensed real estate agents, ensuring compliance with local, state, and federal laws and regulations. The franchisee is solely responsible for hiring, discharging, and setting the wages and terms of employment for their staff and agents.

In practical terms, a prospective Counselor Realty franchisee needs to budget time and resources for understanding and complying with all local and state regulations regarding real estate brokerage businesses. This includes researching required permits, submitting applications, and ensuring ongoing compliance to avoid potential penalties or legal issues. The franchisee should consult with local authorities and legal counsel to ensure they meet all requirements for operating their Counselor Realty franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.