When are Educational Courses fees due for Remax franchisees?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Initial Education | $0 | Not Applicable. | Initial Education is required. You will be required to pay for all related travel, meal, lodging and entertainment expenses. (See Item 11 for more detail.) |
| Recruiting 101 | $599 | Not Applicable. | Recruiting 101 is required. You will be required to pay for all related travel, meal, lodging and entertainment expenses. (See Item 11 for more detail.) |
| Broker/Owner Meetings and Retreats | $0 - $550 registration fee | Upon receipt of invoice. | Attendance is highly recommended; you must pay for all related travel, meal, lodging and entertainment expenses (if any). |
| Educational Courses | $50 - $2,000 Extra fees may be charged for educational and certification classes for professional credit, if offered. | 10 days after billing or at registration. | You may be required to complete, at your expense, certain educational courses as a condition of renewal. (See Item 11 for more detail.) |
| Conventions and Seminars | $195 - $1,000 registration fee per person. Extra fees may be charged for educational and certification classes for professional credit, if offered. Nominal fees or charges may also be assessed for a variety of social functions. | Prior to attending. | Attendance is highly recommended; you also must pay for all related travel, meal, lodging, and entertainment expenses. |
Source: Item 5 — INITIAL FEES (FDD pages 29–43)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the fees for Educational Courses, which range from $50 to $2,000, are due either 10 days after billing or at the time of registration. These fees cover educational and certification classes that may offer professional credit.
Prospective Remax franchisees should note that these educational courses may be required as a condition of franchise renewal, meaning that these costs could be recurring. It is important to factor these potential expenses into the overall cost of operating a Remax franchise.
In addition to the course fees, the FDD specifies that extra fees may be charged for educational and certification classes if they offer professional credit. Franchisees should clarify with Remax what these extra fees might entail and under what circumstances they would be applied. Understanding the full scope of potential educational expenses is crucial for accurate financial planning.