What is the cost for in-person Engel & Volkers Engage Training for up to 50 attendees?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
o one staff member ($98) and to 3 sales advisors ($98 per person) and for providing SPT Training to one staff member ($298). The high estimate includes is 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 US that we designate. The fee for the in person Engel & Völkers Engage includes the trainer's compensation, travel, accommodation and incedental expenses, the training course materials and their shipment.
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 for up to 50 attendees costs $4,998. Engel & Volkers does not usually offer this training in person; it is only provided upon request.
The in-person training is a one-day event held at a U.S. location designated by Engel & Volkers. The $4,998 fee covers the trainer's compensation, travel, accommodation, incidental expenses, training course materials, and their shipment. A minimum of 15 attendees is required for the training, with a maximum of 50.
For prospective Engel & Volkers franchisees, this means that while virtual training is the standard, in-person training is an option, albeit at a significantly higher cost. The flat fee structure for up to 50 attendees could be beneficial for larger brokerages, as the cost per attendee decreases with more participants. However, franchisees should consider the additional travel costs for themselves and their staff to the designated training location, as these are not included in the $4,998 fee.