Does Engel & Volkers recommend that franchisees use standard contract terms?

According to Engel & Volkers' 2025 Franchise Disclosure Document, Engel & Volkers recommends that franchisees use standard contract terms. Specifically, Engel & Volkers advises franchisees to use contract terms that are consistent with local law when providing residential real estate broker services to customers for the types of property covered by the franchise agreement.

This recommendation suggests that Engel & Volkers franchisees should be familiar with the real estate laws and regulations in their local area. By using standard contract terms that comply with local laws, franchisees can help ensure that their business operations are legally sound and that they are providing appropriate services to their clients.

While Engel & Volkers recommends using standard contract terms, franchisees also independently negotiate the terms of each real estate transaction with their clients. This means that franchisees have the flexibility to tailor their services to meet the specific needs of each client, while still adhering to the standard contract terms and local laws.