When is payment due for purchases of marketing articles from Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Purchases of marketing articles (See Note 1) | (See Note 13) | Upon receipt of an invoice. | (See Note 15) |
Source: Item 6 — OTHER FEES (FDD pages 22–30)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, payment for marketing articles is due upon receipt of an invoice. The FDD specifies that franchisees must purchase certain marketing articles bearing Engel & Volkers's trademarks from Engel & Volkers, one of its affiliates, or approved suppliers. These articles include items like pens, printed materials, and brochures.
This requirement ensures brand consistency across all Engel & Volkers franchises. While there isn't a mandatory marketing inventory level, franchisees should budget for these ongoing marketing expenses. The fact that payment is due upon receipt of invoice means franchisees need to manage their cash flow to accommodate these purchases promptly.
It is important to note that franchisees pay the vendors directly for these marketing articles, not Engel & Volkers itself. This differs from other fees which are payable to Engel & Volkers. Franchisees should confirm approved vendors and understand the range of marketing articles they will need to purchase to effectively promote their real estate brokerage.