During what period does Remax track franchises that have been terminated, cancelled, not renewed, or otherwise ceased to do business?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
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
Source: Item 1 — Business and Organization (FDD pages 334–464)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, Remax tracks franchises that have been terminated, cancelled, not renewed, or otherwise ceased to do business between January 1, 2024, and December 31, 2024.
This information is crucial for potential franchisees as it provides insight into the stability and success rate of Remax franchises. By reviewing the number of franchises that have ceased operations within this period, prospective franchisees can assess the risks associated with investing in a Remax franchise. This data helps in understanding potential challenges or market conditions that may impact the success of a Remax franchise.
Additionally, Remax also tracks franchises that have not communicated with them within 10 weeks of the application date. This may be relevant to prospective franchisees to understand the importance of maintaining communication with Remax during the application process.