What kind of locations can Engel & Volkers Residential Real Estate Brokerages be located in?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
oped into a system applied in each market. While in the past, the individual real estate businesses in the form of Property Shops were situated at suitable pedestrian locations in select environments with specially selected exterior, we now also offer Residential Real Estate Brokerages in certain metropolitan areas to include non-retail office space. All Engel & Völkers Residential Real Estate Brokerages have a stylish, upscale atmosphere, a standardized, exclusive design interior decorations and furnishings, and are run by highly qualified operators using uniform methods and procedures and demanding uniformly high standards of behavior and selling techniques from their staff.
This is called the "Engel & Völkers System" or "System". The Engel & Völkers System encompasses the experience of the Engel & Völkers Group. It includes the following elements: various intellectual property rights; practical knowledge and experience running real estate brokerages; specific real estate brokerage design standards; various System Documentations; an Integrated Product Suite; ongoing business administration, brand, marketing support; training courses; and opportunities to exchange information and experiences.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, Engel & Volkers Residential Real Estate Brokerages can be located in both retail and non-retail locations. Historically, these brokerages, referred to as "Property Shops," were situated in high-traffic pedestrian areas. However, the franchise has evolved to include locations in non-retail office spaces, particularly in metropolitan areas.
This shift reflects Engel & Volkers' strategy to attract existing residential real estate brokerages for conversion into Engel & Volkers franchises. By allowing non-retail locations, Engel & Volkers broadens its potential franchisee base to include established businesses that may not operate in traditional retail settings. This also allows for a combination of retail and non-retail locations.
Regardless of the location type, all Engel & Volkers Residential Real Estate Brokerages are expected to maintain a stylish, upscale atmosphere with a standardized and exclusive design. These locations are operated by qualified individuals who adhere to uniform methods, procedures, and high standards of behavior and selling techniques. This ensures a consistent brand experience for customers, regardless of the specific location.