What information is included in the Engel & Volkers Office Report?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
13.1 Reports: Franchisee shall transmit to Franchisor via Franchisor's online reporting systems not later than 2:00 p.m. (EST or EDT) on the Thursday of each week the prior week's data relating to the real estate brokerage services of its Approved Location as it may be further
detailed in the System Documentation. Should Franchisor grant Franchisee the right to operate multiple Approved Locations, Franchisee shall transmit to Franchisor the data for each Approved Location separately. Franchisor may from time to time specify what reports and in what format they must be submitted. As of the Effective Date, the following reports must be submitted, starting as of the Payment Start Date:
Source: Item 22 — CONTRACTS (FDD page 88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, franchisees must transmit data relating to their real estate brokerage services from their approved location to Engel & Volkers via their online reporting systems no later than 2:00 p.m. (EST or EDT) each Thursday. This data pertains to the prior week. If a franchisee operates multiple approved locations, they must submit data for each location separately.
The specific reports and their formats are determined by Engel & Volkers and may change over time. The FDD specifies that the reports must be submitted starting as of the Payment Start Date.
The Engel & Volkers FDD does not specify what information is included in the Office Report, but it does state that the details of what data must be reported is further detailed in the System Documentation. A prospective franchisee should review the System Documentation for a complete list of required reports and the data that must be included in each report.