What section of the Counselor Realty Franchise Agreement outlines the non-competition covenants after the Counselor Realty franchise is terminated or expires?

According to Counselor Realty's 2025 Franchise Disclosure Document, Section 7.2 of the Franchise Agreement outlines the non-competition covenants that apply after the franchise is terminated or expires. Specifically, for a period of 24 months post-termination, franchisees are prohibited from soliciting agents, employees, or independent contractors of Counselor Realty or any of its franchisees. This restriction applies to any geographical area in which Counselor Realty operates.

This post-termination non-compete clause prevents former franchisees from poaching talent from the Counselor Realty network. This is a common practice in franchising to protect the brand's established relationships and workforce. The clause aims to ensure that franchisees do not leverage their experience and connections gained within the Counselor Realty system to unfairly compete immediately after leaving the franchise.

It is important for prospective franchisees to carefully review Section 7.2 of the Franchise Agreement to fully understand the scope and limitations of this non-competition covenant. Understanding the specific restrictions and their duration is crucial for planning future business activities after the franchise term ends. Franchisees should also consider how this clause might affect their ability to operate a similar business or work with individuals previously associated with Counselor Realty.