What does 'Aggregated Statistics' mean in the context of Remax's franchise disclosure document?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
All reports and records or other information including but not limited to client information supplied to REMAX, LLC or us pursuant to Section 10 shall be considered our or REMAX, LLC's property and no such information shall be considered confidential. Subject to state laws that may be applicable, REMAX, LLC and REMAX Regional shall have the right to use, share, aggregate with other franchise information, disclose and sell all information (aggregated or not), including client information, derived from what you supply for our own business purposes and to profit from that information without providing any compensation to you.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Remax, LLC and Remax Regional have the right to use, share, aggregate with other franchise information, disclose, and sell all information (aggregated or not), including client information, derived from what the franchisee supplies for their own business purposes and to profit from that information without providing any compensation to the franchisee.
In simpler terms, "aggregated statistics" refers to the combination of a Remax franchisee's data with data from other Remax franchises. This combined data can then be used by Remax for business purposes. This includes the right to sell or disclose this aggregated information.
For a prospective Remax franchisee, this means that the data they provide to Remax, including client information and financial reports, can be used by Remax for its own benefit. While Remax can profit from this aggregated data, the franchisee will not receive any compensation. Franchisees should consider the implications of this clause regarding data privacy and the potential use of their business information by Remax.