Is Engel & Volkers required to maintain any of the training programs described in the Franchise Agreement?

According to Engel & Volkers' 2025 Franchise Disclosure Document, Engel & Volkers is not required to maintain any of the training programs described in the Franchise Agreement. However, Engel & Volkers may develop new mandatory and optional programs. This means that while Engel & Volkers provides initial training and may offer ongoing training, they are not obligated to continue offering any specific training programs indefinitely.

This flexibility allows Engel & Volkers to adapt its training programs to changing market conditions, new technologies, or evolving best practices within the real estate industry. While this benefits the Engel & Volkers system as a whole, it also means that franchisees must be prepared for potential changes in training requirements and offerings.

For a prospective Engel & Volkers franchisee, this implies that the training programs available at the outset may not be the same in the future. Franchisees should inquire about the frequency of updates to the training programs and the process for communicating these changes. Franchisees are responsible for all costs associated with attending training courses, including travel, accommodation, food, and out-of-pocket expenses, as well as the salaries or other compensation of staff members or Sales Advisors.