What is the latest registration fee for Remax Broker/Owner Meetings and Retreats?
Remax Franchise · 2025 FDDAnswer 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). |
Source: Item 5 — INITIAL FEES (FDD pages 29–43)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the registration fee for Broker/Owner Meetings and Retreats ranges from $0 to $550. Attendance is highly recommended, but franchisees are responsible for covering all associated travel, meal, lodging, and entertainment expenses. This fee is due upon receipt of an invoice.
This means that as a Remax franchisee, you should budget up to $550 for registration to attend these meetings and retreats. These events are optional, but Remax encourages attendance, suggesting they provide value to franchise owners. The additional costs of travel, accommodation, and other expenses could significantly increase the overall cost of participation.
It's important to note that while the FDD specifies the registration fee, it does not detail the frequency or location of these meetings and retreats. Therefore, a prospective franchisee should inquire about the typical schedule and locations to estimate the total potential cost of attending these events. Understanding the content and benefits of these meetings would also help in deciding whether to include them in your budget and business plan.