Are Engel & Volkers Residential Real Estate Brokerages operated by master franchisees included in the systemwide totals?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
Notes:
- (1) All numbers are set forth as of December 31 of each year.
- (2) Residential Real Estate Brokerages operated by master franchisees under their Master Franchise Agreements are included in these totals.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–88)
What This Means (2025 FDD)
According to Engel & Volkers's 2025 Franchise Disclosure Document, the systemwide totals for Residential Real Estate Brokerages include those operated by master franchisees under their Master Franchise Agreements. This means that when Engel & Volkers reports the total number of franchised locations, the figures will include both directly franchised locations and those operated by master franchisees.
For a prospective franchisee, this is important because it provides a more comprehensive view of the entire Engel & Volkers system. The tables in Item 20 of the FDD provide details on outlet summaries, transfers, status, and projected openings. These tables include all franchised Residential Real Estate Brokerages in the U.S., including those granted by master franchisees.
By including master franchisee locations in the systemwide totals, Engel & Volkers aims to present a complete picture of its franchise network's size and activity. This can help potential franchisees assess the brand's overall market presence and growth trends. Franchisees can review Exhibit G, which lists all franchised Residential Real Estate Brokerages, including addresses and telephone numbers as of December 31, 2024.