May extra fees be charged for educational and certification classes for professional credit offered by Remax?
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, franchisees may incur extra fees for educational and certification classes. The cost for educational courses ranges from $50 to $2,000, and the FDD specifies that extra fees may be charged for educational and certification classes if they offer professional credit. These fees are due 10 days after billing or at registration.
In addition to educational courses, Remax also offers conventions and seminars with registration fees ranging from $195 to $1,000 per person. Similar to the educational courses, extra fees may be charged for educational and certification classes for professional credit during these events. Franchisees are also responsible for covering all related travel, meal, lodging, and entertainment expenses for themselves when attending these events.
Prospective Remax franchisees should consider these potential extra costs when budgeting for ongoing expenses. While attendance at Broker/Owner Meetings and Retreats, Conventions, and Seminars is recommended, the costs associated with travel, lodging, and potential extra fees for professional credit courses can add up. It is important to inquire about the availability and costs of these educational opportunities to make informed financial decisions.