How many Engel & Volkers outlets were transferred from franchisees to new owners in Arizona during 2024?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2022 | 1 |
| 2023 | 2 | |
| 2024 | 0 | |
| California | 2022 | 0 |
| 2023 | 23 | |
| 2024 | 0 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–88)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, there were zero transfers of Engel & Volkers outlets from existing franchisees to new owners in Arizona during 2024. The provided table, titled "Residential Real Estate Brokerages Systemwide Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) for Years 2022 to 2024," indicates this. The numbers are accurate as of December 31st of each year.
This data point is relevant for prospective franchisees as it can provide insights into the stability and desirability of Engel & Volkers franchises in Arizona. A high number of transfers might indicate franchisees are struggling or looking to exit the system, while a low number could suggest satisfaction and success among existing owners.
It is important to note that this table only tracks transfers to new owners other than the franchisor. It does not include instances where Engel & Volkers itself reacquired the franchise. Reviewing transfer rates in specific states like Arizona over multiple years can help potential franchisees assess the health and attractiveness of the franchise system in those areas.