What does the $4,998 fee for in-person Engel & Volkers Engage training include?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
estimate includes SPT Training for 2 staff members and in-person Engel & Völkers Engage Training for up to 50 attendees. We do not usually offer Engel & Völkers Engage Training in person, but if, upon your request we agreed to provide it in person we will charge you $4,998 for that training. We would then provide your sales advisors and/or staff members a 1 day Engel & Völkers Engage training at a location in the U.S. that we designate. The fee for the in person Engel & Völkers Engage includes the trainer's compensation, travel, accommodation and incedental ex
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–38)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, in-person Engel & Volkers Engage training is not typically offered. However, if Engel & Volkers agrees to provide it at the franchisee's request, the fee is $4,998. This training is a one-day event held at a U.S. location designated by Engel & Volkers. The training is for sales advisors and/or staff members. A minimum of 15 and a maximum of 50 attendees can be trained.
The $4,998 fee covers several expenses related to the training. It includes the trainer's compensation, travel, accommodation, and incidental expenses. Additionally, the fee covers the training course materials and their shipment to the designated training location.
For prospective Engel & Volkers franchisees, this means that while the standard Engel & Volkers Engage Training is virtual, an in-person option is available at an additional cost. This cost covers all the logistics and materials required to conduct the training, allowing franchisees to have their staff and sales advisors trained in person if they prefer that format. It is important to note that the franchisee must request and receive approval for in-person training, and the location will be determined by Engel & Volkers.