What is the due date for the Additional Technology Services Fees for Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Additional Technology Services Fees | According to then current Technology Price List. | Upon receipt of an invoice. | Payable to us or our agent. (See Note 12) |
Source: Item 6 — OTHER FEES (FDD pages 22–30)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, the Additional Technology Services Fees are due upon receipt of an invoice. The amount of these fees is determined by the then-current Technology Price List.
This means that as an Engel & Volkers franchisee, you will need to pay these technology fees whenever you receive an invoice for them. The Technology Price List will dictate the specific charges, which could fluctuate over time. Engel & Volkers, or a third party acting as their agent, will be the recipient of these payments.
Prospective franchisees should carefully review the Technology Price List and understand how these fees are calculated and how often they are likely to be invoiced. It is also important to note that Engel & Volkers may modify these fees over time, so franchisees should stay informed about any changes to the Technology Price List.