What is the specific amount of the Base Monthly Fee for a Counselor Realty franchise?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Name of Fee | (2) Amount | (3) Due Date | (4) Remarks |
|---|---|---|---|
| Base Monthly Fee | $371 per month | Payable monthly by the 20th day of the month | See Note A |
| Continuing Agent Fee | $32 to $53 per licensed agent operating from or through your Office | Payable monthly by the 20th day of the month | See Note B |
| (1) | (2) | (3) | (4) |
| Name of Fee | Amount | Due Date | Remarks |
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees must pay a Base Monthly Fee of $371. This fee covers the first five licensed agents operating through the franchisee's office. The Base Monthly Fee is payable monthly by the 20th day of the month.
In addition to the Base Monthly Fee, Counselor Realty also charges a Continuing Agent Fee, which is based on the number of licensed agents operating through the franchisee's office beyond the initial five. This fee ranges from $32 to $53 per licensed agent, depending on the total number of agents. For example, if a franchisee has 50 licensed agents, the Continuing Agent Fee would be $1,750.
It is important to note that these fees are subject to change during the term of the franchise agreement. Prospective franchisees should carefully review Item 6 of the FDD and discuss these fees with Counselor Realty to fully understand the ongoing costs associated with operating a franchise.