What is the range of estimated training fees for an Engel & Volkers franchise?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
the Franchise Agreement. The Initial Franchise Fee and the Limited Purpose Location Fee are not refundable. See Item 5.
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- The low estimate is for providing the Engel & Völkers Engage Training to one staff member ($98) and to 3 sales advisors ($98 per person) and for providing SPT Training to one staff member ($298). The high estimate includes is 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 US that we designate. The fee for the in person Engel & Völkers Engage includes the trainer's compensation, travel, accommodation and incedental expenses, the training course materials and their shipment. A minimum of 15 but no more than 50 attendees would be trained. The highest estimated amount if you use the regular, virtual Engel & Völkers Engage Training is $2,752 and is calculated on the same basis as the low estimate but for providing Engel & Völkers Engage Training to 1 additional staff member and 17 additional sales advisors (for a to
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–38)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, the estimated training fees range from $98 to $4,998. The low estimate covers Engel & Völkers Engage Training for one staff member ($98) and three sales advisors ($98 each), plus SPT Training for one staff member ($298). The high estimate includes SPT Training for two staff members and in-person Engel & Völkers Engage Training for up to 50 attendees, costing $4,998 if Engel & Volkers agrees to provide it in person upon request.
The $4,998 fee for in-person Engel & Völkers Engage Training covers the trainer's compensation, travel, accommodation, incidental expenses, training course materials, and their shipment. This training is a one-day event held at a U.S. location designated by Engel & Volkers, with a minimum of 15 and a maximum of 50 attendees.
The highest estimated amount for the regular, virtual Engel & Völkers Engage Training is $2,752. This is calculated for providing Engel & Völkers Engage Training to two staff members and 20 sales advisors, along with SPT Training for two staff members. Franchisees should note that these training costs are part of the initial investment and can vary based on the number of staff and sales advisors trained, as well as the training format (in-person vs. virtual).