For Remax, can my franchise agreement be terminated if I fail to meet the Minimum Agent Count?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| 9. | Do you understand that we and our affiliates have the right to grant franchises or operate competing businesses at any location whatsoever, as we may determine, including a location near your Office? | ||
|---|---|---|---|
| Yes | No | ||
| 10. Has any employee or other person speaking on behalf of RE/MAX Integrated Regions, LLC made any | |||
| representations, assurances, guarantees or promises that are contrary to, or different from, the information | |||
| contained in the Franchise Disclosure Document? | |||
| Yes | No | ||
| 11. Do you understand that you are expected to grow the RE/MAX brand by recruiting and retaining Sales | |||
| Associates and that your franchise agreement may be terminated for failing to meet Minimum Agent Count? | |||
| Yes | No | ||
| By signing this Questionnaire, you are representing that you have responded truthfully to the above questions. | |||
| You understand that your answers are important to us and that we will rely on them. |
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, your franchise agreement may be terminated if you fail to meet the Minimum Agent Count. Specifically, prospective franchisees are asked to acknowledge that they are expected to grow the Remax brand by recruiting and retaining Sales Associates. The questionnaire includes an explicit question asking if the franchisee understands that their agreement may be terminated for failing to meet the Minimum Agent Count.
This condition highlights the importance Remax places on growing its network of sales associates. For a prospective franchisee, this means that a significant part of their focus needs to be on recruitment and retention. Failure to meet the minimum requirements could lead to termination of the franchise agreement, which would result in the loss of the business and any associated investment.
It is important for potential Remax franchisees to fully understand the Minimum Agent Count requirements, how they are calculated, and what steps can be taken to avoid termination due to failing to meet these requirements. This information would likely be detailed within the franchise agreement itself. Prospective franchisees should carefully review the franchise agreement with a professional advisor to fully understand their obligations and potential risks.