What criteria does Remax, LLC use to evaluate suppliers for the approved supplier program?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
REMAX, LLC evaluates suppliers based on a number of criteria including length of time in business, financial resources, business credentials and their ability to provide services or products in accordance with minimum standards for delivery, performance, appearance and quality. Suppliers who wish to be included on REMAX, LLC's approved supplier list must submit an application package; however, as of the Issuance Date of this disclosure document, REMAX, LLC does not charge an application fee. REMAX, LLC will not unreasonably withhold its approval of a supplier and will typically grant or deny approval within approximately 6 months of REMAX, LLC's receipt of a fully completed application packet. Approved supplier status can be revoked at any time if the approved supplier breaches its agreement with REMAX, LLC. REMAX, LLC may limit the number of approved suppliers offering similar products or services.
Source: Item 8 — Restrictions on Sources of Products and Services (FDD pages 47–53)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Remax, LLC evaluates potential suppliers for its approved supplier program using several criteria. These include the supplier's length of time in business, its financial resources, its business credentials, and its ability to provide services or products that meet minimum standards. These standards cover delivery, performance, appearance, and quality.
Suppliers interested in becoming approved must submit an application package to Remax, LLC. As of the issuance date of the FDD, there is no application fee. Remax, LLC aims to make a decision on the application within approximately six months of receiving a complete application.
It's important to note that Remax, LLC can revoke approved supplier status if the supplier violates its agreement with Remax, LLC. Additionally, Remax, LLC has the right to limit the number of approved suppliers that offer similar products or services. This means that even if a supplier meets all the criteria, there's no guarantee of approval if Remax, LLC already has enough suppliers in that category.