factual

What is the De-identification Fee charged by Remax per day?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

the BoldTrail Back Office Software. | | QuickBooks Online (For use with BoldTrail Back Office Management Software) | Depending on the size of your Office, $65 to $235 per month per Office. | Depends on the plan you choose. See also Item 11. | Payable to Intuit Inc. |

Type of Fee1 Amount Due Date Remarks
Multiple Listing Service Fees $0 to $100 per month per Office Some Multiple Listing Services may charge this on a quarterly or annual basis. Payable to your local Multiple Listing Service or Services
Holdover Fee $2,500 per month per Office Upon receipt of invoice. Payable to RE/MAX Regional.
De-identification Fee $500 per day As incurred. Payable if you fail to de-identify within 10 days of termination or expiration of the Franchise Agreement. Payable to RE/MAX Regional.
Lost Future Revenue15 Will vary under circumstances Upon early termination or abandonment. Payable if the Franchise

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

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, a franchisee may incur a De-identification Fee of $500 per day. This fee is charged if the franchisee fails to de-identify their franchise location within 10 days after the termination or expiration of the Franchise Agreement. The fee is payable to RE/MAX Regional.

In practical terms, this means that upon the end of the franchise term, a franchisee has a 10-day grace period to remove all Remax branding and signage from their office. Failure to do so will result in a daily fee of $500 until the location is fully de-identified. This is to protect the Remax brand and ensure that locations no longer operating as a Remax franchise do not mislead the public.

This fee highlights the importance of adhering to the terms of the Franchise Agreement, particularly regarding de-identification upon termination or expiration. Franchisees should have a plan in place to ensure timely de-identification to avoid incurring this potentially significant daily charge. The De-identification Fee is not a typical fee in the franchise industry, but it is important to note that Remax charges this fee.

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.