When is the Monthly Ongoing Team Office Fee due for a Remax franchisee, and when is it considered late?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees to pay a $100 Monthly Ongoing Team Office Fee. The Monthly Ongoing Team Office Fee will be due and will be considered late if not received by RE/MAX Regional by the 10th day of the month after the Team Office opens and by the 10th day of each month throughout the remainder of the term of the Franchise Agreement.
We have the right to increase the amount of the Monthly Ongoing Team Office Fee once in any calendar year provided such increase will not exceed 20% of the Monthly Ongoing Team Office Fee amount in effect at the time of any such increase.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, a franchisee who establishes a Team Office must pay a Monthly Ongoing Team Office Fee of $100. This fee is due to RE/MAX Regional by the 10th day of the month after the Team Office opens.
Specifically, the Monthly Ongoing Team Office Fee is considered late if RE/MAX Regional does not receive it by the 10th day of each month throughout the remainder of the term of the Franchise Agreement. This means that Remax franchisees must ensure timely payment to avoid late charges or potential breaches of their franchise agreement.
Remax also retains the right to increase the Monthly Ongoing Team Office Fee once per calendar year, but any such increase cannot exceed 20% of the current fee amount. This clause allows Remax to adjust fees to account for changing market conditions or increased costs, while also providing some predictability for franchisees.