Who is responsible for covering the travel, meal, lodging, and entertainment expenses incurred while attending a Remax Broker/Owner conference, meeting, or retreat?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
You are strongly encouraged to actively participate in and attend all Broker/Owner conferences, meetings and retreats we schedule, and you agree to pay any associated registration fees. You agree that you are responsible for all travel, meal, lodging, and entertainment expenses you or anyone else from your Office incurs while attending a Broker/Owner conference, meeting or retreat.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, as a franchisee, you are responsible for covering all travel, meal, lodging, and entertainment expenses incurred while attending any Broker/Owner conferences, meetings, or retreats. This includes expenses for yourself and anyone else from your office who attends these events.
This means that in addition to any registration fees associated with these events, you must also budget for transportation, accommodation, food, and any entertainment costs for yourself and your staff. These Broker/Owner conferences, meetings, and retreats are strongly encouraged by Remax, so these costs could be recurring.
Franchisees should consider these expenses when evaluating the overall cost of owning a Remax franchise. It is important to factor in these potential costs when planning your budget and assessing the financial viability of the franchise. Understanding these financial responsibilities upfront will help you make informed decisions about participating in these encouraged events.