factual

During the term of the Remax Franchise Agreement, what other businesses are the franchisee, principal owner, or broker-manager prohibited from being involved with?

Remax Franchise · 2025 FDD

Answer from 2025 FDD Document

You or your principal owner or, if applicable, your brokermanager, will be required to devote his or her full time and best efforts to managing and supervising the Office's operations and, during the term of the Franchise Agreement, will not be permitted to operate, manage, own or have an interest in or become affiliated with in any other way (1) any non-RE/MAX real estate service business; or (2) any other business or enterprise offering products or services that directly or indirectly compete with the products and services offered by RE/MAX offices, RE/MAX Regional, REMAX, LLC, or any of REMAX, LLC's affiliates.

Source: Item 15 — Obligation to Participate in the Actual Operation of the Franchise Business (FDD pages 80–81)

What This Means (2025 FDD)

According to Remax's 2025 Franchise Disclosure Document, during the term of the Franchise Agreement, the franchisee, their principal owner, or their broker-manager are restricted from certain business activities. Specifically, they cannot operate, manage, own, have an interest in, or become affiliated with any non-Remax real estate service business.

Additionally, they are prohibited from involvement with any other business or enterprise that offers products or services that directly or indirectly compete with the products and services offered by Remax offices, Remax Regional, REMAX, LLC, or any of REMAX, LLC's affiliates. This restriction is in place to prevent conflicts of interest and to ensure that the franchisee's efforts are focused solely on the success of the Remax franchise.

This obligation applies to the franchisee, the principal owner, or the broker-manager, ensuring comprehensive coverage. The broker-manager, if applicable, must devote full time and best efforts to managing and supervising the office's operations. This ensures that the Remax franchise receives dedicated attention and is not compromised by competing business interests. This restriction is a standard practice in franchising to protect the brand and maintain consistency across the franchise network.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.