factual

What is the Component One Continuing Franchisee Fee for a Remax franchisee in Rhode Island?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

in your Office during the previous calendar month whether or not you actually collect management fees from your Sales Associates as recommended below. The Component One Continuing Franchise fee that you will pay will depend on what state your Office is located, as follows:

| State | Component One Continuing Franchisee Fee (per Sales Associate in your Office) | |---------------------------------

Source: Item 5 — INITIAL FEES (FDD pages 29–43)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, the Component One Continuing Franchisee Fee for franchisees in Rhode Island is $165 per sales associate in the office. This fee is part of the monthly ongoing fees that franchisees are required to pay to Remax Regional.

The Component One Continuing Franchisee Fee is due by the 10th day of each month. Remax Regional has the right to increase this fee once per calendar year, provided they give at least 60 days' prior written notice. However, any such increase cannot exceed 10% of the current fee.

It is important to note that this is just one component of the ongoing fees. Remax franchisees should also be aware of the Component Two Continuing Franchise Fee, which is 1% of gross commissions, and the potential Component Three Continuing Franchise Fee (Technology Fee), which could be up to $15 per sales associate, if implemented by Remax Regional.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.