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Is the Engel & Volkers Leadership Path Training (LPT) conducted virtually or at a physical location?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

------|------------------------------------|----------------------------------------------------------------------------------------------------------------------------| | Subject | Hours of Classroom Training | Hours of On-the-Job Training | Location | | Introduction to LPT and Onboarding Systematic | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Brand Tools and Systems | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Considerations for Operating | 9 hours | - | Virtual via web-based | | an Engel & Völkers | | | training platforms as | | Brokerage, Business Planning, | | | determined by us, or at a | | Market Research, Leadership, | | | location in the U.S. as | | Recruiting and Specialization | | | determined by us | | Marketing Tools and Systems (incl. CRM, Social Media, Digital Marketing, Marketing Partnerships) | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Brand Stardards (incl. Shop Build Out, Partner Network, Listing Syndication) | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Introduction to Engel & Völkers Designations | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Talent Management (incl. Onboardong, Engagement, Retention) | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. as determined by us | | Totals | 27 hours | - | |

Engel & Völkers Sales Advisor System Training ("Engel & Völkers Engage") (Sales Advisors and Staff Members Supporting Sales Advisors)

Sales Advisors must complete, and staff members supporting Sales Advisors may complete, Engel & Völkers Engage, which is conducted in separate virtual modules via web-based platforms over the duration of one week.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 43–54)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, the Leadership Path Training (LPT) can be conducted either virtually via web-based training platforms or at a physical location in the United States, as determined by Engel & Volkers. The specific location and format are at Engel & Volkers' discretion.

The LPT program includes several subjects such as Introduction to LPT and Onboarding Systematic, Brand Tools and Systems, Considerations for Operating an Engel & Volkers Brokerage, Business Planning, Market Research, Leadership, Recruiting and Specialization, Marketing Tools and Systems, Brand Standards, Introduction to Engel & Volkers Designations, and Talent Management. Each subject involves classroom training, with the total training time amounting to 27 hours. There are no hours of on-the-job training associated with the LPT program.

For prospective Engel & Volkers franchisees, this means that they should be prepared to attend LPT either online or in person at a location selected by Engel & Volkers. Franchisees will also be responsible for covering the costs of transportation, lodging, meals, and other expenses for themselves and their employees or sales advisors when attending training courses. The FDD specifies that attendance at these courses is mandatory.

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.