Besides termination, cancellation, and non-renewal, what other circumstances cause a Remax franchise to be considered as having ceased to do business?

According to Remax's 2025 Franchise Disclosure Document, a Remax franchise is considered to have ceased doing business if the franchisee has not communicated with Remax within 10 weeks of the application date. This is in addition to franchises that have been terminated, cancelled, or not renewed. This information is tracked for the period between January 1, 2024, and December 31, 2024.

This lack of communication is significant because it indicates a potential abandonment of the franchise or a severe operational issue. For a prospective franchisee, this highlights the importance of maintaining consistent communication with Remax. It also suggests that Remax actively monitors franchisee engagement and takes steps to address situations where communication lapses.

It is important to note that some individuals whose names appear on the list of franchises that have ceased to do business may own other Remax offices and remain in good standing within the Remax system. This suggests that the cessation of business may not always reflect negatively on the individual franchisee but could be due to other factors such as market conditions or personal circumstances.

Prospective franchisees should inquire about the specific reasons why franchises have ceased to do business, as this can provide valuable insights into the challenges and potential pitfalls of operating a Remax franchise. Understanding these factors can help franchisees better prepare for and mitigate risks, ultimately increasing their chances of success within the Remax system.