What is the training fee per hour for Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
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| (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 | | Late Charges | Lesser of 8% per year or maximum contract rate of interest allowed by law | Payable when billed | See Note H | | Insufficient Funds/ Return Fees | Amount of the insufficient funds or return fee charged by Counselor's bank | Payable when billed | See Note I | | Training Fees | $175 per hour, plus all travel, living and incidental expenses | Payable when billed | See Note J | | Legal Fees | As incurred | Payable when billed | See Note K | | (1) | (2) | (3) | (4) | | Name of Fee | Amount | Due Date | Remarks | | Late Charges | Lesser of 8% per year or maximum contract rate of interest allowed by law | Payable when billed | See Note H | | Insufficient Funds/ Return Fees | Amount of the insufficient funds or return fee charged by Counselor's bank | Payable when billed | See Note I | | Training Fees | $175 per hour, plus all travel, living and incidental expenses | Payable when billed | See Note J | | Legal Fees | As incurred | Payable when billed | See Note K | Notes to Item 6, above:
- A. You must pay us a Base Monthly Fee of $371. This fee includes the first 5 licensed agents operating through your Office.
- B. You must pay a monthly Continuing Agent Fee to Counselor based upon the number of licensed agents operating through your Office (including any Additional Offices and Extension Offices) at any time during the month as follows: $53 per licensed agent for the sixth through 15th licensed agent operating through your Office(s); $37 per licensed agent for the 16th through 35th licensed agent operating through your Office(s); and $32 per licensed agent for the 36th and each additional licensed agent operating through your Office(s). For purposes of clarity, if you have 50 licensed agents operating through your Office(s) for a certain month, your Continuing Agent Fee for that month would be $1,750 ($53 multiplied by 10, plus $37 multiplied by 20, plus $32 multiplied by 15). For purposes of calculating the Continuing Agent Fee, the number of agents operating through your Office(s) for any given month shall be the number of licensed agents listed as operating through your Office(s) with the Minnesota Department of Commerce on the first day of the applicable month.
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, franchisees may need to pay for training. The training fee is $175 per trainer per hour. This fee applies to both initial and ongoing supplemental training requested by the franchisee for themselves or their key personnel.
In addition to the hourly training fee, the franchisee is responsible for covering all travel, living, and incidental expenses incurred by both the franchisee and Counselor Realty's trainers. The FDD estimates these expenses could range from $0 to $750 per person per day, depending on travel requirements and vendor selections. These costs are not fixed and can vary.
It is important to note that franchisees and their employees will not be paid by Counselor Realty during training periods. The exact amount of training required is determined by Counselor Realty. The franchisee must pay the training fees when billed.