What is the estimated cost to acquire a Remax Computer System that complies with the requirements?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
pproximate cost to upgrade one version of Microsoft Windows software, or comparable operating software system, may range from $140 to $690 per year per license , and will depend in part on the version of the operating system you choose, the number of software licenses you require, as well as on technological advances which we cannot predict at this time.
We or REMAX, LLC may modify specifications for any components of the Computer System and related hardware and/or software. You will be required to upgrade or update such hardware and software throughout the term of the Franchise Agreement as we may specify as well as to pay for the cost of implementing such systems, programs and procedures, including the cost of purchasing or leasing computer hardware and software, that we may require. We estimate that the cost to acquire a Computer System that complies with these requirements to be between $800 and $2,500. In addition, you will be required to have email capability and Internet access. (Franchise Agreement – Section 3.) There are no contractual limitations on the frequency and cost of these obligations. We will not provide maintenance for your computer hardware. If you or someone you employ does not have the expertise, you will have to obtain a maintenance contract with a reputable organization for your Computer System and related equipment. It is difficult to estimate the annual cost of maintaining or upgrading your Computer System because it will depend on many variables such as the age and total number of computers you choose to have in your O
Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 59–71)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the estimated cost to acquire a computer system that complies with their requirements ranges from $800 to $2,500. This initial investment covers the necessary hardware and software to meet Remax's specifications. However, this is just the beginning, as franchisees are also responsible for ongoing costs associated with maintaining and upgrading their computer systems.
Throughout the franchise term, Remax may modify the specifications for the computer system's components, including hardware and software. Franchisees are obligated to implement these upgrades and updates, incurring further costs for purchasing or leasing updated hardware and software. The FDD highlights that there are no contractual limitations on the frequency and cost of these required updates, meaning Remax can mandate changes at any time, potentially leading to unforeseen expenses for the franchisee.
In addition to the initial purchase and ongoing upgrades, franchisees must also factor in the cost of maintaining their computer systems. While Remax does not provide maintenance services, franchisees must either have in-house expertise or contract with a reputable third-party organization. The cost of these maintenance services can vary significantly, potentially ranging from $75 to $500 per month ($900 to $6,000 per year) for one computer system, depending on factors such as the age and number of computers, usage patterns, security practices, and local service costs. This ongoing maintenance expense represents a significant operational cost that franchisees need to consider when evaluating the overall investment required to operate a Remax franchise.