Between January 1, 2024 and December 31, 2024, what are the reasons a Remax franchise might have ceased to do business?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
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WITHIN THE RE/MAX SYSTEM.
FRANCHISES THAT HAVE BEEN TERMINATED, CANCELLED, NOT RENEWED, OR OTHERWISE CEASED TO DO BUSINESS Between January 1, 2024 and December 31, 2024
| Office Id | Office Name | Name
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, between January 1, 2024, and December 31, 2024, a Remax franchise could have ceased to do business for several reasons. These include termination, cancellation, non-renewal of the franchise agreement, or other circumstances leading to the cessation of business.
Additionally, a Remax franchise might be listed as having ceased business if the franchisee has not communicated with Remax within 10 weeks of the application date. This indicates that maintaining consistent communication with Remax is important for franchisees.
It is important to note that some individuals listed may own other Remax offices and remain in good standing with the Remax system. This suggests that ceasing operation at one location does not necessarily indicate a franchisee's overall failure within the Remax network.