When are the fees for Remax Broker/Owner Meetings and Retreats due?
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). |
Source: Item 5 — INITIAL FEES (FDD pages 29–43)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the Broker/Owner Meetings and Retreats registration fee, which ranges from $0 to $550, is due upon receipt of invoice. While attendance is highly recommended, franchisees are also responsible for covering all associated travel, meal, lodging, and entertainment expenses.
This means that a Remax franchisee should budget for these meetings and retreats, understanding that costs can vary depending on the location and duration of the event. It's important to factor in not only the registration fee but also the additional expenses for travel and accommodation.
Unlike some other fees that might be paid monthly or annually, the Broker/Owner Meetings and Retreats fee is event-driven. Franchisees will only incur this expense if they choose to attend a meeting or retreat and will need to pay upon receiving an invoice for the registration fee.