What is the name of the program that Remax franchisees or principal owners are required to attend?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
Although you or your principal owner will be required to attend Initial Education and Recruiting 101 in their entirety, no similar obligation will be imposed upon the broker-manager and your broker/manager is not required to successfully complete either program.
Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD pages 80–81)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, franchisees or their principal owner are required to attend two programs: Initial Education and Recruiting 101. These programs are mandatory in their entirety.
This requirement ensures that Remax franchisees and their principal owners receive standardized training and education to operate their franchise effectively. The Initial Education program likely covers the fundamentals of the Remax business model, operational procedures, and brand standards. Recruiting 101 probably focuses on strategies for attracting and retaining real estate agents, which is crucial for the success of a Remax franchise.
It's important to note that if the franchisee or principal owner has a broker-manager, the broker-manager is not required to attend Initial Education or Recruiting 101. This suggests that Remax places the responsibility for initial training and understanding of the franchise model on the franchisee or principal owner, rather than on the broker-manager who may be responsible for day-to-day operations.