What is the fee for the in-person Engel & Volkers Engage training, and what does it include?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
ng platform). At its current highest, the rates for SPT are $298 per person (assuming a minimum of 4 attendees if conducted via virtual web-based training platform). Under exceptional circumstances and only upon your specific request, we may agree to 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 is $4,998, which will include the trainer's compensation, travel, accommodation and incidental expenses, the training course materials and their shipment. A minimum of 15 but no more than 50 attendees will be trained and you will be responsible for the cost of the training location and food and beverages, consistent with Engel & Völkers System standards, and any service fees, if applicable. Attendance is required and if a training is conducted at a specific, physical location
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 43–54)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, the fee for the in-person Engel & Volkers Engage training is $4,998. This fee covers the trainer's compensation, travel, accommodation, incidental expenses, training course materials, and the shipment of these materials. This training is available under exceptional circumstances and only upon a franchisee's specific request.
Engel & Volkers requires a minimum of 15 and a maximum of 50 attendees for the in-person Engel & Volkers Engage training. The franchisee is responsible for covering the cost of the training location, food and beverages for the attendees, consistent with Engel & Volkers System standards, and any applicable service fees. Additionally, the franchisee is responsible for the attendees' expenses, which can vary based on distance traveled, mode of transportation, and individual preferences.
Prospective Engel & Volkers franchisees should consider these costs when budgeting for training, especially if they prefer or require in-person training for their sales advisors and staff. While virtual training options are available at a lower cost, the in-person training provides a more hands-on experience, but comes with significantly higher expenses for the franchisee.