Does Counselor Realty specify the method of payment for the Mobile App Fee?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
At the beginning of each month, we will send you an invoice for the amount of the Mobile App Fee you owe us for the prior month, and you must pay us the amount of such Mobile App Fee on or before the 20th day of such month.
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the method of payment for the Mobile App Fee is not explicitly detailed. However, the FDD does state that at the beginning of each month, Counselor Realty will send an invoice for the amount of the Mobile App Fee owed for the prior month. The franchisee is then required to pay the amount of the Mobile App Fee on or before the 20th day of that month.
While the FDD specifies the invoicing and payment timeline, it does not provide specific methods of payment that Counselor Realty accepts. This leaves franchisees to clarify with Counselor Realty regarding acceptable payment methods, such as check, electronic transfer, or other means.
It is important for prospective franchisees to understand all payment terms and accepted methods to ensure timely payments and avoid any late fees or potential issues with the franchise agreement. Clarifying these details upfront can help in managing cash flow and maintaining a good relationship with Counselor Realty.