How much does Engel & Volkers charge for in-person Engel & Volkers Engage Training, and what does this fee include?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
estimate includes SPT Training for 2 staff members and in-person Engel & Völkers Engage Training for up to 50 attendees. We do not usually offer Engel & Völkers Engage Training in person, but if, upon your request we agreed to provide it in person we will charge you $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 ex
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–38)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, in-person Engel & Volkers Engage Training is not typically offered. However, if Engel & Volkers agrees to provide the training in person at a franchisee's request, the charge is $4,998. This training is a one-day event held at a U.S. location designated by Engel & Volkers. A minimum of 15 and a maximum of 50 attendees can be trained during this session.
The $4,998 fee covers several expenses related to the training. It includes the trainer's compensation, travel, accommodation, and incidental expenses. Additionally, the fee covers the cost of the training course materials and their shipment to the designated location. This comprehensive fee structure ensures that franchisees have a clear understanding of the costs associated with in-person training.
It is important to note that Engel & Volkers primarily offers virtual Engel & Volkers Engage Training. The in-person training is an exception and is only provided upon request and agreement by Engel & Volkers. The cost for virtual training is estimated at $2,752 for 20 sales advisors and 2 staff members, as well as SPT Training for 2 staff members. Franchisees should consider the virtual training option as the standard approach and factor in the additional cost and request process for in-person training if they prefer that format.