Does Engel & Volkers reserve the right to change the training that they currently offer?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
We reserve the right to offer additional, ongoing and supplemental training sessions that may apply only to certain franchisees and/or such franchisee's sales advisors or employees at times and locations designated by us. We may make certain of these training sessions mandatory for you, and we reserve the right to change a fee for attendance at such training. As the Engel & Völkers System grows and evolves some training we currently offer may change, and other training may become needed or advisable. Therefore, during the term of your Franchise Agreement, the training offering and requirements are likely to change.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 43–54)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, Engel & Volkers reserves the right to modify its training programs. As the Engel & Volkers system evolves, the training offered and required during the franchise agreement term is likely to change. This includes the ability to offer additional, ongoing, and supplemental training sessions that may apply only to certain franchisees, their sales advisors, or employees, and Engel & Volkers may make these sessions mandatory.
This flexibility allows Engel & Volkers to adapt its training to address new market trends, technological advancements, or changes in consumer preferences. It also enables them to tailor training to specific franchisee needs or regional requirements. While some training sessions are mandatory, Engel & Volkers retains the right to charge fees for attendance at these sessions.
For prospective franchisees, this means that the initial training they receive may not be the only training required throughout their franchise term. Franchisees should be prepared to invest in ongoing training for themselves and their staff to stay current with Engel & Volkers' evolving system. The costs associated with this ongoing training, including attendance fees, travel, accommodation, and employee salaries, are the responsibility of the franchisee.