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SUBJECT DOSSIER · FDD 2025

Christie's International Real Estate Franchise

Cost, fees, owner earnings, closure rate and litigation for a Christie's International Real Estate franchise — pulled from the franchisor's own public FDD (2025), not its sales material.

Other Franchises · disclosure-honesty grade · from public state filings
GRADE F · FAILS DISCLOSURE

Disclosure honesty

F
Transparency 1 / 5

Christie's International Real Estate discloses little or no owner-earnings data (Item 19) — the franchisor won't put real profit in writing.

Outlets36
Disclosed lawsuits10
Closure signals0 ceased
Investment
$64,475–$443,125
Total fees
4.5% of sales
Outlets
36
Closure signals
0 ceased, 4 terminated
Lawsuits
10
◢ FINDINGS
ITEM 19
No real earnings disclosure
The franchisor won't put owner profit in writing — you can't verify the pitch.
ITEM 03
10 legal matters disclosed
Litigation in Item 3 signals how the franchisor treats its franchisees.

What their own earnings claim actually says

No financial performance representations made. Franchisor explicitly declines to provide earnings claims or projections. Actual records available upon request for existing outlets.

What a Christie's International Real Estate franchise actually costs to run

FeeDisclosedWhere it comes from
Initial franchise fee$35,000Item 5 — paid up front, before you open
Royalty4.5% of gross salesItem 6 — charged on revenue, not profit
Total recurring fees4.5% of gross salesBefore rent, labor, food or debt service
Total initial investment$64,475 – $443,125Item 7 — franchisor's own low/high estimate

Royalty 3-6% of Gross Revenues. No advertising fund currently collected. Multiple discretionary fees including training, conference, transfer, renewal, audit, liquidated damages.

Royalty and ad-fund percentages are charged on gross sales — an owner pays them whether or not the location is profitable.

Christie's International Real Estate system size and owner turnover

Total outlets36
Ceased operations0
Terminated by franchisor4
Transferred to new owners0
Closure rate0.0% of outlets

4 terminations, 3 non-renewals in 2024. System declining from 39 to 36 outlets.

From Item 20 of the FDD 2025. Terminations and ceased operations are the franchisor's own count of owners who stopped — the number the sales pitch leaves out.

Is Christie's International Real Estate worth it? — how it compares to 436 similar franchises

Ongoing fees4.5% of saleslower than most (median 8%)
Startup costfrom $64,475cheaper than most (median $138,750)
Disclosure honestyGrade Fless honest than most of the category
Closure rate0.0% of outletsbetter than most (median 1.5%)
Disclosed lawsuits10more litigious than 93% of peers

Benchmarked against every other franchises franchise we've graded from public FDDs — the context the franchisor's pitch never gives you.

◤ CLASSIFIED · ITEM 19 RECONSTRUCTED

Owner take-home for a Christie's International Real Estate

The franchisor's framing: No financial performance representations made. Franchisor explicitly declines to provide e… We reconstruct what an owner actually keeps, from their own FDD.

LOW
MEDIAN
HIGH

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Christie's International Real Estate franchise — frequently asked

How much does a Christie's International Real Estate franchise cost?
The FDD lists a total initial investment of about $64,475–$443,125, including a $35,000 initial franchise fee.
How much do Christie's International Real Estate franchise owners make?
Christie's International Real Estate discloses little or no earnings data (Item 19) — meaning the franchisor won't put real owner profit in writing. That's a red flag worth questioning.
What are the Christie's International Real Estate franchise fees?
Christie's International Real Estate's FDD discloses a $35,000 initial franchise fee, a 4.5% royalty on gross sales, for roughly 4.5% of gross sales in recurring fees before rent, labor, or debt service. Royalty 3-6% of Gross Revenues. No advertising fund currently collected. Multiple discretionary fees including training, conference, transfer, renewal, audit, liquidated damages.
What is the Christie's International Real Estate franchise profit margin?
Christie's International Real Estate discloses no Item 19 earnings representation, so no profit margin can be derived from the FDD at all. Any margin figure quoted elsewhere is an estimate, not a disclosure.
What is the Christie's International Real Estate franchise failure rate?
4 terminations, 3 non-renewals in 2024. System declining from 39 to 36 outlets.
How many Christie's International Real Estate locations are there?
Christie's International Real Estate's FDD reports 36 total outlets, with 0 that ceased operations in the most recent reporting year and 0 transferred to new owners. Item 20 is where system health shows up before the marketing does.
Does Christie's International Real Estate have complaints or lawsuits?
Christie's International Real Estate discloses 10 legal matters in Item 3 of its FDD. Item 3 covers the franchisor's litigation history, which is the closest thing to a public record of how it treats franchisees — read the case descriptions, not just the count.
Is a Christie's International Real Estate franchise worth it?
It depends on the numbers, not the pitch. Christie's International Real Estate scores F on disclosure honesty, carries about 4.5% of sales in ongoing fees, and discloses 10 legal matters. Get the real owner take-home before you sign.

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Source: MN CARDS 35001-202510-02 (Clean FDD 2025). FranchiseValidate is independent and not affiliated with Christie's International Real Estate or its franchisor. Figures are extracted from the franchisor's own public disclosure document; verify against the current FDD before any decision.