For a new Remax franchise, what is the period during which the franchisee must maintain a minimum number of sales associates, commencing the first day following the expiration of the 24-month period after the Agreement Date?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| (1) Sales Associates by the end of the first 12-month period after the Agreement Date and during each month thereafter through the 24th-month after the Agreement Date; |
|---|
| (2) |
| Sales Associates commencing the first day following the expiration of the 24-month |
| period following the Agreement Date and during each month thereafter through the 36th-month after the |
| Agreement Date; and |
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to the 2025 Remax Franchise Disclosure Document, a new franchisee must maintain a minimum number of sales associates commencing the first day following the expiration of the 24-month period after the Agreement Date. This requirement extends through the 36th month after the Agreement Date.
For a prospective Remax franchisee, this means that after an initial 24-month period, there is a further 12-month period where a minimum number of sales associates must be maintained. This is a critical performance metric that Remax uses to evaluate the success and compliance of its franchisees.
It is important to note that Remax also outlines minimum agent count requirements for different periods, including the first 12 months after the agreement date and from the 36th month through the remainder of the term. These requirements are part of the overall obligations a franchisee must meet to remain in good standing with Remax and to be eligible for renewal of the franchise agreement.