What is the fee for the Engel & Volkers Engage Training per person?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
rokerage manager in the LPT, and the additional fee for your brokerage manager will be a reduced fee of $2,498.
Your sales advisors and staff members supporting sales advisors must complete the Engel & Völkers Engage Training before you open for business. The fee for the Engel & Völkers Engage Training is currently $98 per person. We estimate on the low end that you will have at least 1 staff member and 3 sales advisors participating in the Engel & Völkers Engage Training and on the high end, we estimate that you would have and 2 staff members and 20 sales advisors participating in the Engel & Völkers Engage Training. At least one staff member must also complete the Support Path Training (SPT). The fee for that training is $298 per person. In most cases we estimate that you would have 2 staff members and 20 sales advisors participating in the Engel & Völkers Engage Training and 2 staff members participating in the SPT Training. Normally, the Engel & Völkers Engage Training is an online, virtual training, but if, upon your request we agreed to provide it in person, we will charge you a flat fee of $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 U.S. 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. A minimum of 15 but no more than 50 attendees would be trained. The training fees listed in this Item only relate to the staff members and sales advisors that would receive training before you open for business. During the term of your agreement it is likely that you will have to send additional staff members and sales advisors to Engel & Völkers Engage Training and other training classes because of growth or turn-over. You must pay the per diem salaries/compensation, travel expense
Source: Item 5 — INITIAL FEES (FDD pages 21–22)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, sales advisors and staff members supporting sales advisors must complete the Engel & Völkers Engage Training before opening for business. The standard fee for this training is $98 per person, and it's typically conducted online.
However, Engel & Volkers may, upon request, provide the Engel & Volkers Engage Training in person for a flat fee of $4,998. This in-person training would be a 1-day session at a U.S. location designated by Engel & Volkers. This flat fee covers the trainer's compensation, travel, accommodation, incidental expenses, training materials, and their shipment. The in-person training accommodates a minimum of 15 and a maximum of 50 attendees.
It's important to note that these training fees primarily apply to staff members and sales advisors trained before the brokerage opens. Throughout the franchise term, additional staff and sales advisors may require Engel & Volkers Engage Training due to growth or turnover, incurring further costs. Franchisees are also responsible for covering per diem salaries, travel expenses, meals, lodging, and other costs for staff attending in-person training programs.