As of what date are the outlet numbers for Engel & Volkers set forth each year?

According to Engel & Volkers's 2025 Franchise Disclosure Document, all outlet numbers presented in Item 20 are set forth as of December 31 of each year. This applies to both company-owned and franchised residential real estate brokerages.

For a prospective franchisee, this means that the data provided regarding the number of outlets, transfers, openings, and closures reflects the status at the end of each calendar year (December 31). This is a standard reporting practice in the franchise industry, providing a consistent snapshot of the network's size and activity.

It is important to note that the numbers reported as of December 31 may not reflect changes that have occurred since that date. Therefore, a potential franchisee should inquire about any significant developments or changes in outlet numbers that have taken place after December 31, 2024, to get the most current understanding of the Engel & Volkers franchise system.