factual

As a Remax franchisee, what is the condition of MLS membership required in the MLS Agreement?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

estimate to purchase and use QuickBooks Online varies depending on the number of agents affiliated with your Office, as follows:

| Office Size (# of Agents) | QuickBooks Estimated Cost | |---|---| | Small (1 - 50) | $65 a month ($780 per year) | | Medium (51 - 250) | $99 a month ($1,188 per year) | | Large (250 - 500+) | $235 a month ($2,820 per year) | MLS Agreement. You may also be required to sign a three-party agreement between you, Inside Real Estate and your Multiple Listing Service(s) (the "MLS Agreement"), a form of which is attached as Exhibit A-13. Among other things, the MLS Agreement may provide that (i) you are a member of the MLS in good standing; (ii) that you have engaged the services of IRE; (iii) that you and IRE acknowledge that the MLS owns all rights, title and interest in any content they may provide, including but not limited to photographs, data, and other images, (iv) that you acknowledge that the content to be provided by the MLS is "as is" without warranty of any kind, either expressed or implied; and (v) that you may be required to indemnify the MLS for claims arising out of your breach of the MLS Agreement. You will a

Source: Item 11 — Franchisor's Assistance, Advertising, Computer Systems, and Training (FDD pages 59–71)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, as a franchisee, you may be required to sign a three-party agreement with Inside Real Estate and your Multiple Listing Service(s), known as the MLS Agreement. One of the stipulations of the MLS Agreement is that you must be a member of the MLS in good standing.

Other provisions within the MLS Agreement include engaging the services of IRE, acknowledging that the MLS owns all rights to the content they provide (including photographs, data, and other images), and understanding that the MLS content is provided "as is" without any expressed or implied warranty. Additionally, you might need to indemnify the MLS for claims resulting from breaching the MLS Agreement.

As a Remax franchisee, you will also be responsible for any pass-through fees that your MLS charges for data access. These MLS fees can vary significantly, ranging from being free to costing up to $100 per month, although some MLS fees may be assessed quarterly or annually. There may also be a one-time setup fee, typically between $50 and $250.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.