Under what conditions might Remax require a franchisee or principal owner to complete additional courses at their own expense prior to franchise renewal?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
In addition, prior to renewal of the Franchise, you or one of your principal Owners may be required to complete one or more of the following courses at your expense (including the cost of the course and all travel, meal, lodging, and entertainment expenses): (i) Complete Agent Development, or such other agent development or recruiting program that we may designate; (ii) re-take the Initial Education Program; and/or (iii) take such other course(s) as we may deem necessary. In some instances, REMAX Regional may require additional education during the term of the Agreement or even after renewal (including the cost of the course and all travel, meal, lodging, and entertainment expenses). Alternatively, REMAX Regional may accept evidence that you have satisfied requirements equivalent to such courses or education.
Source: Item 22 — Contracts (FDD pages 108–334)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, prior to renewal of the franchise agreement, Remax may require the franchisee or one of their principal owners to complete additional training courses at their own expense. These expenses include the cost of the course itself, as well as all travel, meal, lodging, and entertainment expenses.
The specific courses that Remax may require include: Complete Agent Development (or another agent development or recruiting program that Remax designates), retaking the Initial Education Program, and/or any other courses that Remax deems necessary. Remax Regional may also require additional education during the term of the agreement or even after renewal, with the franchisee bearing the costs. However, Remax Regional may accept evidence that the franchisee has already satisfied requirements equivalent to these courses or education.
This requirement ensures that Remax franchisees and their principal owners stay up-to-date with the latest industry practices, agent development strategies, and recruiting techniques. By mandating these courses, Remax aims to maintain a high standard of knowledge and expertise within its franchise network. The franchisee bears the financial burden for these courses, which could be a significant expense depending on the course fees and travel costs. Franchisees should inquire about the typical frequency and cost of these additional training requirements to factor them into their financial planning.
While Remax has the discretion to require specific courses, they may also accept evidence that a franchisee has met equivalent requirements through other means. This provides some flexibility for franchisees who have already invested in relevant training or education programs. Prospective franchisees should discuss with Remax what types of alternative qualifications or certifications might be accepted in lieu of the mandated courses.