Are there any minimum performance standards that must be satisfied during education for a Remax franchisee?

According to Remax's 2025 Franchise Disclosure Document, there are no minimum performance standards that a franchisee must meet during the initial education, other than attending the Initial Education program. However, if the franchisee or a principal owner of the franchise does not have a valid real estate broker license, they must secure the services of a broker-manager who holds one.

While the franchisee or principal owner is required to attend Initial Education and Recruiting 101 in their entirety, the broker-manager is not required to attend or successfully complete either program. This suggests that Remax prioritizes the franchisee's understanding of the business operations and recruiting strategies, but places less emphasis on the broker-manager's formal training, likely assuming they possess the necessary expertise due to their existing license.

This policy could benefit franchisees who may not have prior real estate experience but are willing to learn and actively manage their office. However, it also places a significant responsibility on the franchisee to either obtain a real estate broker license themselves or to carefully select and oversee a qualified broker-manager. The absence of required training for the broker-manager could pose a risk if the chosen individual does not adequately fulfill their management responsibilities, potentially impacting the office's performance and compliance.