For Engel & Volkers franchises, is the automatic exemption status pending or expired in the state of Virginia?

According to Engel & Volkers' 2025 Franchise Disclosure Document, the franchise's automatic exemption status is currently pending in Virginia.

The table provided in Item 17 of the FDD lists various states and their franchise registration or exemption status as of March 31, 2025. For Virginia, the status is listed as "Pending," meaning that as of the issuance date of the FDD, Engel & Volkers' application for automatic exemption in Virginia was still under review.

This "pending" status has practical implications for prospective franchisees in Virginia. It means that the franchise may not yet be fully approved to operate in the state, and there might be additional steps or waiting periods involved before a franchise agreement can be finalized. It is important for potential franchisees to stay informed about the status of the exemption and to understand any potential delays or requirements that may arise as a result.