Does the Engel & Volkers franchise agreement require a prospective franchisee to acknowledge which franchise sellers they had significant contact with?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
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Franchise Sellers:
Please check the box by each franchise seller listed below with whom you have had significant contacts in connection with the offer or sale of an Engel & Völkers franchise to you:
- □ Stuart Siegel, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Ulrike Cohen, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Andrew Dinsmore, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Katelyn Castellano, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Thomas Kunz, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ AngieMcFarland, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Scott Hurlock, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Alexander Dennis-Browne, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Brittany Jones, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
- □ Max Klekner, 430 Park Ave., 11 th Floor, New York NY, 212.234.3100
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 63–71)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, prospective franchisees are required to acknowledge which franchise sellers they had significant contact with during the offer or sale of an Engel & Völkers franchise. The FDD includes a section titled "Franchise Sellers" with a list of individuals, including Stuart Siegel, Ulrike Cohen, Andrew Dinsmore, Katelyn Castellano, Thomas Kunz, AngieMcFarland, Scott Hurlock, Alexander Dennis-Browne, Brittany Jones, and Max Klekner, all located at 430 Park Ave., 11th Floor, New York NY, 212.234.3100.
The document provides a checkbox next to each name, instructing the prospective franchisee to check the box next to each franchise seller with whom they had significant contact. This requirement ensures transparency and accountability in the franchise sales process, allowing Engel & Volkers to track which representatives are interacting with potential franchisees.
This acknowledgement is a standard practice in franchising, as it helps the franchisor maintain oversight of its sales process and ensure compliance with franchise regulations. It also provides a record of who the franchisee interacted with, which could be relevant in case of any disputes or misunderstandings later on. Prospective franchisees should carefully consider and accurately complete this section of the franchise agreement.