What is the estimated cost range for education fees and expenses for a Remax franchise?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Education fees and expenses8 | $4,000 - $9,000 | Lump Sum | As Incurred | Third Parties |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 43–47)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the estimated cost for education fees and expenses ranges from $4,000 to $9,000. This figure is part of the initial investment required to start a Remax franchise. These fees are paid in a lump sum and are due as incurred, typically to third parties.
This range covers the costs associated with the mandatory initial education program and the Recruiting 101 course. The initial education program is a 4-day course held at Remax's headquarters in Denver, Colorado, which you or a principal owner must attend. While the course itself is free for one or more people from the office, travel, meals, lodging, and entertainment expenses are not included in the education fees and expenses estimate. The Recruiting 101 course, which must be taken within 12 months of opening the office, has a course fee of $599 per person, with additional costs for travel, meals, and lodging.
Prospective franchisees should budget carefully for these education-related expenses, considering the number of individuals they plan to send to the training programs and the associated travel costs. These costs can vary depending on factors such as the distance to Denver, lodging preferences, and meal choices. It is important to note that these figures are estimates, and actual costs may be higher or lower depending on individual circumstances.