What is the renewal fee for a Remax commercial real estate office if financed?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
it card processing fee or surcharge.
If you wish to finance the renewal fee for a residential real estate office, your renewal fee will be $14,000 if your franchise is in a high-density area (as opposed to $12,500 if you pay it in one lump sum) or $7,000 if your franchise is in a low-density area (as opposed to $6,000 if you pay it in one lump sum). If you wish to finance the renewal fee for a commercial real estate office, the renewal fee will be $10,250 (as opposed to $9,000 if you pay it in one lump sum). You will be required to make these payments in 12 equal payments with the first installment due immediately upon signing the renewal addendum, and the remaining installments due monthly thereafter. A copy of the
Source: Item 10 — FINANCING (FDD pages 56–59)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, if a franchisee wishes to finance the renewal fee for a commercial real estate office, the renewal fee will be $10,250, which is higher than the $9,000 fee if paid in one lump sum. This financing option allows franchisees to spread the cost of the renewal fee over time, making it more manageable.
The financed renewal fee is structured to be paid in 12 equal monthly installments. The first installment is due immediately upon signing the renewal addendum, with the remaining installments due monthly thereafter. Remax requires these payments to be automatically charged to a bank account provided by the franchisee to RE/MAX Regional.
It's important to note that if Remax allows the franchisee to pay by credit card, a credit card processing fee or surcharge may be applied. A copy of the current form of promissory note for the renewal franchise fee, titled "Promissory Note 2," is attached to the disclosure document as Exhibit B-2, which contains further details on the financing terms and conditions.