factual

What is the term length of the Counselor Realty franchise agreement?

Counselor_Realty Franchise · 2025 FDD

Answer from 2025 FDD Document

The agreement term is five years beginning on the date the office opens.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)

What This Means (2025 FDD)

According to the 2025 Counselor Realty Franchise Disclosure Document, the franchise agreement term is five years, beginning on the date the office opens. This means a franchisee can operate their Counselor Realty franchise for five years before needing to renew the agreement.

At the end of the five-year term, the franchisee may have the option to renew the agreement, though the FDD excerpt does not specify the conditions or fees associated with renewal. It is important to note that one franchise agreement expired in March 2023 and another in December 2022, and neither was renewed, indicating that renewal is not guaranteed.

The initial term length is a critical factor for prospective franchisees to consider. It dictates the period over which they can build their business under the Counselor Realty brand and potentially recoup their initial investment and generate profits. Understanding the renewal terms and conditions is equally important for long-term planning.

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.