For the Remax franchise agreement, does the definition of 'Sales Associate' include individuals who possess a state real estate license registered with a Team Office?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
For purposes of this Agreement, "Sales Associate" means each person who possesses a state real estate license that is registered with the Office or any Team Office including, but not limited to, sales associates, broker associates, brokers, managers, Licensed Administrators and/or each designated or managing broker of record.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, the definition of "Sales Associate" includes individuals with a state real estate license registered with either the main office or a Team Office. This definition extends to various roles within the real estate business.
For a prospective Remax franchisee, this means that anyone holding a state real estate license and registered with their office, including a Team Office, is considered a Sales Associate under the franchise agreement. This encompasses sales associates, broker associates, brokers, managers, and licensed administrators.
This definition is important because the franchise agreement places certain obligations and responsibilities on the franchisee regarding Sales Associates, such as ensuring they adhere to high standards of service and professionalism and comply with the Brand Standards Manual. Additionally, the franchisee must ensure that Sales Associates use the RE/MAX Marks only under the limited license granted to the franchisee, not independently.
Understanding this definition is crucial for franchisees to manage their team effectively and ensure compliance with the franchise agreement. It also clarifies who is eligible for programs like the RE/MAX Gold Plan, which offers reduced fees for long-term Sales Associates who are at least 65 years old and have been with the RE/MAX System for at least 10 consecutive years.