Besides Germany, what are some other countries where the Engel & Volkers group has experience handling upscale properties?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
The Engel & Völkers group of affiliated companies (the "Engel & Völkers Group"), are firms of real estate agents with extensive experience handling upscale properties under the Engel & Völkers name in Germany and other countries (e.g., Spain, Italy, U.K. and South Africa). The prior business experience of the Engel & Völkers Group includes more than 40 years operating Engel & Völkers real estate offices, more than 20 years operating and franchising Engel & Völkers real estate brokerages in the form of Property Shops. The Engel & Völkers Group channels the experience from the franchising of residential real estate brokerages into the yachting segment and its predecessor, Engel & Völkers Yachting GmbH, a German limited liability company, started the franchising of yachting brokerages in the form of Yachting Shops in June 2008.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the Engel & Völkers group has experience handling upscale properties in countries besides Germany. Specifically, the document mentions Spain, Italy, the U.K., and South Africa as examples of countries where the group has experience in this area. This indicates that Engel & Volkers has an established international presence and a history of dealing with high-end real estate in various markets.
This experience could be beneficial for franchisees, as they can leverage the brand's international reputation and expertise. The Engel & Völkers Group channels the experience from the franchising of residential real estate brokerages into the yachting segment. This suggests a diversified approach to real estate services, potentially offering franchisees opportunities in both residential and yachting markets.
Furthermore, the document notes that E&V Residential grants direct franchises and master franchises to third parties in Germany and throughout countries worldwide. As of December 31, 2024, E&V Residential had 465 franchisees operating in Europe, South America, and South Africa. This demonstrates the brand's global reach and established network of franchisees, which could provide support and collaboration opportunities for new franchisees.