RE/MAX Franchise Costs, Fees & FDD

Year Business Began: 1973

Franchising Since: 1975

Headquarters: Denver, Colorado

Estimated Number of Units: 8,835

Franchise Description: The franchisor is RE/MAX, LLC. RE/MAX, LLC has established an international network through which RE/MAX office franchises are sold directly by REMAX, LLC or through independent subfranchisors (RE/MAX Regional offices). The franchise offered is for the operation of a RE/MAX real estate sales office, which offers a variety of real estate services to the general public.
Training Overview: Franchisees or their principal owner will be provided with a four-day mandatory initial education program. Initial education is being offered both in person at RE/MAX, LLC’s headquarters in Denver, Colorado. In the event of inclement weather or a national emergency, RE/MAX, LLC, in its sole discretion, may offer the initial education program virtually. Franchisees or their principal owner are not required to achieve a stated level of performance in the initial education program. Franchisees or their principal owner will also be required to take a four-day Recruiting 101 education course which must be taken within 12 months of opening the office. Prior to renewal, franchisees may be required to complete certain courses. The franchisor conducts an annual convention and may periodically conduct training conferences designed to build the RE/MAX image, assist franchisees in recruiting potential sales associates and provide an international forum for exchanging ideas on managing and operating RE/MAX offices. Attendance is optional for these events.

Territory Granted: Franchisees are granted the right to operate the office at a specific address-only location that first must be approved. Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets that the franchisor owns, or from other channels of distribution or competitive brands that the franchisor controls.

Obligations and Restrictions: Franchisees will be required to operate the office in accordance with the provisions of the Franchise Agreement, to perform all obligations contained in the Franchise Agreement and to continuously exert their best efforts to promote and enhance the business of the office for the term of the Franchise Agreement. Franchisees will not be permitted to engage in any other real estate business or other business or enterprise that may be in competition with RE/MAX. Neither franchisees nor their owners, if they are a business entity, will be required to participate personally in the direct operation of the office, although the franchisor recommends that the franchisee or a principal owner do so, in which event the franchisee or the principal owner will be required to at all times hold a valid state real estate broker license or such other state license as may be required to act as the managing or designated broker of record. Franchisees will be expected to meet high standards of real estate service and professionalism reflective of the goodwill and respect enjoyed by the RE/MAX name and organization. The Franchise Agreement will establish a sales associate minimum agent count for the office. The minimum agent count is based upon a number of criteria.

Term of Agreement and Renewal: The length of the initial franchise term is five years. If franchisees meet the requirements for renewal, they may renew by executing the form of Franchise Agreement used at the time of renewal, which may have materially different terms and conditions than the original Franchise Agreement. The current renewal term is five years although franchisees may be granted a longer term depending upon the renewal provisions in their expiring Franchise Agreement.

Financial Assistance: RE/MAX Regional offers financing to prospective franchisees for the initial franchise fee and, for renewing franchisees in good standing, the renewal franchise fee. In the franchisor’s discretion, it may also provide franchisees with financing to assist them with acquisition or other growth-related expenses.

Estimated Initial Investment

Name of Fee	Low	High
Initial Franchise Fee	$17,500	$37,500
Office Set-up	$3,500	$72,000
Exterior Office Signage	$500	$10,000
Furniture, Fixtures, and Equipment	$2,000	$20,000
Computer System	$4,000	$26,000
Inventory and Supplies	$500	$4,000
Education Fees and Expenses	$4,000	$9,000
Insurance	$2,000	$6,000
Licenses, Grand Opening, Utilities, Security Deposit, and Other Miscellaneous Opening Costs	$1,000	$11,000
Additional Funds – 3 months	$10,000	$50,000
ESTIMATED TOTAL	$45,000	$245,500

 
Other Fees

Type of Fee	Amount
Monthly Ongoing Fees	Component One Continuing Franchise Fee: Depending on the state in which the office is located, franchisees will pay $138 to $165 per month for each sales associate. Component Two Continuing Franchise Fee (or “Broker Fee”): An amount equal to 1% of gross commissions and other revenue. Component Three Continuing Franchise Fee (or “Technology Fee”): Up to $15 per month per sales associate.
Annual Dues	$410 for each sales associate in the franchisee’s office.
Marketing Fund Fee	Depending on the state in which the office is located, franchisees will pay $127 to $140 per month for each sales associate in the office.
Hot Air Balloon Fund Fee	Dependent upon where the office is located.
Transfer	$2,500 per Franchise Agreement, plus any amounts necessary to cover RE/MAX Regional’s other costs, such as administrative and legal expenses.
Renewal (Residential Franchise)	$6,000 - $12,500 or, if financed, $7,000 to $14,000.
Renewal (Commercial Franchise)	$9,000, or, if financed, $10,250
Team Office Initial Fee	$1,000
Team Office Renewal Fee	$500 for each team office.
Monthly Ongoing Team Office Fee	$100 per month for each team office.
Document Preparation Fee	$500 to $2,000
Product Purchases	Varies.
Insurance	Cost of insurance.
Insufficient Funds Processing Fee	$100 plus reimbursement of the franchisor’s additional administrative expenses and charges.
Audit	Cost of inspection or audit.
Interest and Late Charges	As liquidated damages and not as a penalty: 20% of amount owed for the late payment of annual dues; 10% of amount owed for all other fees (or maximum amount allowed by law); $100 per day for the failure to timely submit reports; plus interest of 1% per month compounded (or highest rate allowed by law) of amount owed for all fees except annual dues.
Costs and Attorneys’ Fees	Will vary under circumstances.
Indemnification	Will vary under circumstances.
Initial Education	$0
Recruiting 101	$599
Broker/Owner Conferences, Meetings, and Retreats	$0 - $550 registration fee.
Educational Courses	$50 - $2,000. Extra fees may be charged for educational and certification classes for professional credit, if offered.
Conventions and Seminars	$195 - $1,000 registration fee per person. Extra fees may be charged for educational and certification classes for professional credit, if offered. Nominal fees or charges may also be assessed for a variety of social functions.
Agent Tools Platform	$0
BoldTrail Back Office Software	$0
QuickBooks Online (For use with BoldTrail Back Office Management Software)	Depending on the size of the office, $65 to $235 per month per office.
Multiple Listing Service Fees	$0 to $100 per month per office
Holdover Fee	$2,500 per month per office.
De-identification Fee	$500 per day.
Lost Future Revenue	Will vary under circumstances.
Unreported Agent Payments	Will vary under circumstances.

The above information has been compiled from the FDD of RE/MAX and company sources. Year of FDD: 2025.
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