Does the Remax Franchisee Disclosure Questionnaire ask franchisees to confirm whether they have an attorney, accountant, or other professional advisor?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
--------------------------------------------------------------------------------------------------------------------------|------|-------| | | | True | False | | 2. | I acknowledge that I have had the opportunity—whether or not I may have chosen to do so—to discuss with my | | | | | attorney, accountant, or other professional advisor the benefits and risks of opening a Team Office.
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, the Franchisee Disclosure Questionnaire does include a question asking franchisees to acknowledge whether they have had the opportunity to discuss the benefits and risks of opening a Remax franchise with an attorney, accountant, or other professional advisor.
Specifically, the questionnaire asks franchisees to confirm that they have had the opportunity to discuss the benefits and risks of operating a RE/MAX real estate brokerage office franchise with their advisors, regardless of whether they chose to do so. This question appears in the general Franchisee Disclosure Questionnaire and the Team Office version.
This requirement ensures that Remax franchisees are aware of the importance of seeking professional advice before making a final investment decision. By including this question, Remax emphasizes the significance of understanding the legal, financial, and business aspects of the franchise, and it encourages franchisees to make informed decisions with the help of qualified professionals.