factual

Is attendance at the Engel & Volkers System Training required for both the franchisee and their brokerage manager?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. You or your brokerage manager must attend the System Training provided by us, at a location determined by us. See Item 11.

Source: Item 6 — OTHER FEES (FDD pages 22–30)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, either the franchisee or their brokerage manager is required to attend the System Training. The FDD specifies that 'You or your brokerage manager must attend the System Training provided by us'.

This means that Engel & Volkers offers some flexibility in who attends the System Training. It does not mandate that both the franchisee and the brokerage manager attend, but rather allows the franchisee to decide which of them will participate. This could be beneficial for franchisees who may have scheduling conflicts or prefer to delegate the training to their brokerage manager.

Prospective franchisees should consider who would benefit most from the training and ensure that the chosen individual attends the System Training to comply with Engel & Volkers' requirements. The franchisee is responsible for the expenses associated with attending any training classes, including per diem salaries, travel, lodging, meals, transportation, and other incidental expenses for themselves or their personnel.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.