factual

Are Remax franchisees required to pay for travel expenses related to Conventions and Seminars?

Remax Franchise · 2025 FDD

Answer 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).
Educational Courses $50 - $2,000 Extra fees may be charged for educational and certification classes for professional credit, if offered. 10 days after billing or at registration. You may be required to complete, at your expense, certain educational courses as a condition of renewal. (See Item 11 for more detail.)
Conventions and Seminars $195 - $1,000 registration fee per person. Extra fees may be charged for educational and certification classes for professional credit, if offered. Nominal fees or charges may also be assessed for a variety of social functions. Prior to attending. Attendance is highly recommended; you also must pay for all related travel, meal, lodging, and entertainment expenses.

Source: Item 5 — INITIAL FEES (FDD pages 29–43)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, attendance at Conventions and Seminars is highly recommended, and franchisees are responsible for all associated costs. These costs include a registration fee ranging from $195 to $1,000 per person, as well as all travel, meal, lodging, and entertainment expenses. Extra fees may be charged for educational and certification classes and nominal fees for social functions.

This means that while attending Remax Conventions and Seminars is not mandatory, franchisees should budget for these expenses if they choose to participate. The overall cost can vary significantly depending on the location of the event, the franchisee's travel choices, and their participation in additional classes or social activities.

It is typical in the franchise industry for franchisees to cover their own travel and lodging expenses for training, conventions, and other events. This is because these events are seen as beneficial for the franchisee's professional development and business growth. Franchisees should consider these potential costs when evaluating the overall investment required to operate a Remax franchise.

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.