For Remax, where should the Referral Fee be sent directly from escrow?

According to Remax's 2025 Franchise Disclosure Document, the Referral Fee should be sent directly from escrow to BTRN, LLC, PO BOX 778934, CHICAGO IL 60677-8934. This means that when a Remax franchisee receives a referral and a transaction closes, the referral fee owed to BTRN, LLC must be paid directly from the escrow account used for the transaction.

Remax franchisees must ensure that the Referral Fee is paid to BTRN within thirty days of the close of escrow. If the payment is not received within this timeframe, the franchisee or their broker will be required to pay an additional 5% of the Referral Fee as a late fee. This highlights the importance of timely payment to avoid incurring additional costs.

This process ensures that BTRN, LLC, which manages the referral system, receives its compensation promptly. It also places the responsibility on the Remax franchisee to manage the payment process and ensure compliance with the payment terms outlined in the franchise agreement. Franchisees should establish clear procedures for handling referral fees to avoid late payments and associated penalties.