When are training fees for Counselor Realty payable?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Name of Fee | (2) Amount | (3) Due Date | (4) Remarks |
|---|---|---|---|
| Training Fees | $175 per hour, plus all travel, living and incidental expenses | Payable when billed | See Note J |
| (1) | (2) | (3) | (4) |
| Name of Fee | Amount | Due Date | Remarks |
| Training Fees | $175 per hour, plus all travel, living and incidental expenses | Payable when billed | See Note J |
- J. At your request, Counselor will provide you and up to two of your key personnel initial training (the amount of such initial training shall be as determined by Counselor) at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. At your request, Counselor will provide supplemental initial and/or ongoing training for you and/or your key personnel at a "Counselor" office or other location designated by Counselor, at any mutually convenient time. You must pay Counselor a fee for training (including initial training) in the amount of $175 per trainer per hour. In addition, you must pay all travel, living and incidental expenses you and your employees, and our trainers, incur in connection with training, which Counselor estimates could range from $0 (if you and our trainers do not have to travel to attend training) to $750 per person per day. The exact amount of the fees and costs are unknown and may vary depending upon factors, such as third-party vendors selected. You and your employees will not be paid by Counselor during training.
Source: Item 6 — OTHER FEES (FDD pages 9–13)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, training fees are payable when billed. This means that after Counselor Realty provides training, whether it's initial or ongoing, they will send an invoice for the training fees, which include $175 per hour per trainer, plus all travel, living, and incidental expenses incurred by both the franchisee and Counselor Realty's trainers. These expenses could range from $0 to $750 per person per day, depending on travel requirements and vendor costs.
This 'payable when billed' arrangement is fairly standard in franchising, allowing the franchisor to recoup costs after services are rendered. It's important for prospective Counselor Realty franchisees to budget not only for the hourly training fees but also for the potentially significant travel and living expenses, as these can vary widely. The FDD notes that the exact amount of these fees and costs are unknown and may vary depending upon factors, such as third-party vendors selected.
It is also important to note that franchisees and their employees will not be paid by Counselor Realty during training. This is a common practice, as the training is considered an investment in the franchisee's business and operational knowledge. Franchisees should factor in the lost productivity of themselves and their employees while attending training when assessing the overall cost.