What is the minimum and maximum number of attendees for the in-person Engel & Volkers Engage training?
Engel_Volkers Franchise · 2025 FDDAnswer 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 the 2025 Engel & Volkers Franchise Disclosure Document, if a franchisee requests in-person Engel & Volkers Engage training, the training requires a minimum of 15 attendees and a maximum of 50 attendees. Engel & Volkers typically conducts this training virtually, but may provide it in person at the franchisee's request.
The in-person Engel & Volkers Engage training is a one-day training event held at a U.S. location designated by Engel & Volkers. The $4,998 fee covers the trainer's compensation, travel, accommodation, incidental expenses, training materials, and shipment of those materials. However, the franchisee is responsible for the cost of the training location, food, beverages, and any applicable service fees.
Prospective Engel & Volkers franchisees should consider the costs associated with in-person training, including the $4,998 fee and the additional expenses for the venue, food, and beverages. Franchisees are also responsible for the travel expenses of their staff and sales advisors attending the training. It is important to factor in these costs when budgeting for the initial investment and ongoing training requirements.