What is the highest estimated cost for the regular, virtual Engel & Volkers Engage Training, and what does it cover?

According to Engel & Volkers' 2025 Franchise Disclosure Document, the highest estimated cost for the regular, virtual Engel & Volkers Engage Training is $2,752. This estimate is calculated similarly to the low estimate, but it accounts for providing Engel & Volkers Engage Training to 1 additional staff member and 17 additional sales advisors, totaling 20 sales advisors and 2 staff members. It also includes SPT Training for 1 additional staff member, bringing the total to 2 staff members.

Engel & Volkers also offers in-person Engage Training, though it is not usually offered. If a franchisee requests in-person training and Engel & Volkers agrees to provide it, the charge is $4,998. This in-person training is a 1-day event at a U.S. location designated by Engel & Volkers. The fee covers the trainer's compensation, travel, accommodation, incidental expenses, training course materials, and their shipment. A minimum of 15 and a maximum of 50 attendees can be trained in person.

Prospective franchisees should note that these training costs are estimates and can vary. It is important to clarify with Engel & Volkers the specific content covered in both the virtual and in-person Engage Training, as well as the criteria for determining the number of staff and sales advisors included in the training cost calculations. Understanding these details will help in accurately budgeting for the initial investment.