Are Remax broker-managers required to attend Initial Education and Recruiting 101?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
Although you or your principal owner will be required to attend Initial Education and Recruiting 101 in their entirety, no similar obligation will be imposed upon the broker-manager and your broker/manager is not required to successfully complete either program.
Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD pages 80–81)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, broker-managers are not required to attend Initial Education and Recruiting 101. While franchisees or their principal owners are required to attend these programs in their entirety, this obligation does not extend to the broker-manager.
This distinction is important for prospective Remax franchisees who may not have a real estate broker license themselves. In such cases, they are required to hire a broker-manager to oversee the office. The FDD clarifies that the broker-manager is not obligated to complete the Initial Education and Recruiting 101 programs, which could save time and resources for the franchisee.
However, it's important to note that while the broker-manager isn't required to attend these specific programs, they are still responsible for the management of the office and must hold a valid real estate broker license. The franchisee should ensure that the broker-manager has the necessary skills and experience to effectively manage the office, even if they haven't completed the Initial Education and Recruiting 101 programs.