What is the estimated range for computer and network costs for an Engel & Volkers franchise?

Based on the 2025 Engel & Volkers Franchise Disclosure Document, specific costs for computer and network systems are not explicitly detailed in Item 7, which covers the estimated initial investment. However, the FDD does state that to participate in the Engel & Volkers System, franchisees must use or acquire specific computer equipment that meets the minimum memory and standards described in the System Documentation. The franchisee may purchase these items from a vendor of their choice, as long as the vendor is approved by Engel & Volkers. Items not mentioned in the specifications, such as copy machines or printers, can be any type the franchisee prefers.

Item 7 also mentions a monthly National Marketing and Technology Fund contribution, which is described in Item 6. Additionally, there may be an MLS research/set up fee required to integrate MLS data into the brokerage subdomain and the Integrated Product Suite, if and when the franchisee chooses to use an MLS. This fee varies by MLS Board and cannot be specified.

Because the FDD does not provide a specific estimated range for computer and network costs, prospective franchisees should inquire with Engel & Volkers about typical costs for the required computer equipment and network setup. This will help in developing a more accurate estimate of the total initial investment.