factual

What is included in the Engel & Volkers in-person Engage Training fee?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

ors 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, t

Source: Item 5 — INITIAL FEES (FDD pages 21–22)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, the in-person Engel & Volkers Engage training fee is $4,998. This fee covers the trainer's compensation, travel, accommodation, and incidental expenses, as well as the training course materials and their shipment. Engel & Volkers will provide a one-day training session at a location they designate within the U.S.

The in-person training is not the standard format. Engel & Volkers typically conducts the Engage Training online via a virtual web-based platform. The in-person training is only offered under exceptional circumstances and upon the franchisee's specific request. The in-person training accommodates a minimum of 15 and a maximum of 50 attendees.

Prospective Engel & Volkers franchisees should consider that while the $4,998 fee covers the items listed, they are responsible for the cost of the training location, food and beverages, and any service fees, consistent with Engel & Volkers System standards. Additionally, the franchisee is responsible for the attendees' expenses, such as travel, lodging, and meals. These additional costs can vary significantly depending on the location of the training and the individual circumstances and preferences of the attendees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.