What is the range of the Document Preparation Fee that a Remax franchisee must pay?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
gent, a $1,000 Unreported Agent fee ("Unreported Agent fee") plus all Monthly Ongoing Fees, Annual Dues, and Marketing Fund fees for the period beginning on the earliest date, in our determination, that (a) the individual who is an Unreported Agent was licensed with your Office; or (b) the individual was an Unreported Agent as defined in Subsection 6.M. of this Agreement (such payments, collectively and whether ongoing or retroactive, "Unreported Agent Payments").
O. DOCUMENT PREPARATION FEE.
You agree to pay a document preparation fee ("Document Preparation Fee") ranging from $500 t
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, a franchisee must pay a Document Preparation Fee ranging from $500 to $2,000. This fee covers administrative and other costs Remax incurs when preparing miscellaneous documents related to certain activities during the term or renewal of the franchise agreement. These activities include shareholder removal, contract extension, or multiple sets of renewal documents.
The Document Preparation Fee is due within 10 days of billing, meaning franchisees need to ensure timely payment to avoid any issues. In the event of a default under the franchise agreement, the Document Preparation Fee must be paid in full as part of the cure for the default. This highlights the importance of keeping payments current to maintain good standing with Remax.
Document preparation fees are not uncommon in franchising, as franchisors often need to create specific documents for various franchisee-related activities. The fee amount can vary based on the complexity and time required to prepare the documents. Prospective Remax franchisees should factor this potential cost into their budget and be aware of the circumstances that may trigger this fee.