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Does Engel & Volkers provide on-the-job training for the 'Considerations for Operating an Engel & Völkers Brokerage, Business Planning, Market Research, Leadership, Recruiting and Specialization' subject?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

. You may request on-site training in a city in the U.S. as determined by us depending on the number of participants (minimum 15 participants and maximum 50 participants).

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.

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

What This Means (2025 FDD)

According to Engel & Volkers's 2025 Franchise Disclosure Document, there is no on-the-job training provided for the 'Considerations for Operating an Engel & Völkers Brokerage, Business Planning, Market Research, Leadership, Recruiting and Specialization' subject. The training consists of 9 hours of classroom training, which is conducted virtually via web-based training platforms or at a location in the U.S. as determined by Engel & Volkers.

This means that franchisees will receive theoretical knowledge and guidance on these topics through classroom-style instruction, but they will not receive direct, hands-on training in a real-world setting as part of the formal training program. The lack of on-the-job training may require franchisees to rely more on their own experience or seek additional mentoring or support to develop practical skills in these areas.

Prospective Engel & Volkers franchisees should consider the implications of this training structure. While classroom training can provide a solid foundation, the absence of on-the-job training may mean a steeper learning curve when applying these concepts in their daily operations. Franchisees may want to inquire about additional support or mentorship opportunities to supplement the formal training program.

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.