Is attendance at Broker/Owner Meetings and Retreats required for Remax franchisees?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Initial Education | $0 | Not Applicable. | Initial Education is required. You will be required to pay for all related travel, meal, lodging and entertainment expenses. (See Item 11 for more detail.) |
| Recruiting 101 | $599 | Not Applicable. | Recruiting 101 is required. You will be required to pay for all related travel, meal, lodging and entertainment expenses. (See Item 11 for more detail.) |
| Broker/Owner Meetings and Retreats | $0 - $550 registration fee | Upon receipt of invoice. | Attendance is highly recommended; you must pay for all related travel, meal, lodging and entertainment expenses (if any). |
Source: Item 5 — INITIAL FEES (FDD pages 29–43)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, attendance at Broker/Owner Meetings and Retreats is not required. However, Remax "highly recommended" attendance. If a franchisee chooses to attend, they must pay a registration fee between $0 and $550, as well as cover all associated travel, meal, lodging, and entertainment expenses.
This policy is fairly common in the franchise industry. While some franchise systems mandate attendance at certain events to ensure consistency and training, Remax leaves it to the franchisee's discretion. This allows franchisees to manage their costs and time according to their individual business needs and priorities.
However, franchisees should consider the potential benefits of attending these meetings and retreats, such as networking opportunities, industry insights, and best practices shared by other owners. While not mandatory, these events could provide valuable resources and support for growing their Remax franchise. Franchisees should weigh the costs against the potential benefits when deciding whether to attend.