Besides travel, meal, lodging, and entertainment, what other expenses are Remax franchisees responsible for when attending conventions and seminars?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
You will be entitled to attend REMAX, LLC's annual conventions, as well as occasional educational seminars it holds, designed to enhance the image of the System, assist franchisees in recruiting potential Sales Associates and provide a forum for the exchange of ideas and information on the operation of RE/MAX offices. Attendance is highly recommended. If you decide to attend any of these conventions or seminars, you will be responsible for payment of all travel, meal, lodging, and entertainment expenses, as well as a registration fee. Nominal fees or charges may also be assessed for a variety of other social functions, as well as for educational and certification classes for obtaining professional credits.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, franchisees who choose to attend Remax's annual conventions and educational seminars will face several costs. In addition to covering their own travel, meals, lodging, and entertainment, franchisees are also responsible for paying a registration fee to attend these events.
Furthermore, the FDD states that nominal fees or charges may be assessed for a variety of other social functions associated with the conventions and seminars. Franchisees may also incur costs for educational and certification classes if they choose to pursue professional credits offered at these events.
Therefore, when budgeting for Remax conventions and seminars, franchisees should account for the registration fee, potential charges for social functions, and fees for any optional educational or certification classes, in addition to the standard travel, meal, lodging, and entertainment expenses.