What services does Engel & Volkers provide to its master franchisees and direct franchisees?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
s constitute our entire business.
For the real estate brokerage franchise program we grant master franchises and direct franchises in the United States, Canada, Mexico, and certain parts of the Caribbean and the provide services to our master franchisees and direct franchisees regarding the residential property segment consisting of (i) the opportunity to open and operate Engel & Völkers Residential Real Estate Brokerages for the marketing of residential property under the Engel & Völkers trade name, Trademarks and System of operating procedures, including the utilization of a worldwide client platform, and (ii) for our master franchisees, the right to grant subfranchises to third parties to own and operate Residential Real Estate Brokerages using the Engel & Völkers real estate brokerage System (defined below). We offer Franchise Agreements for the operation of Engel & Völkers Residential Real Estate Brokerages in the entire United States with exception of the states in which our master franchisees have been granted exclusive rights to offer Franchise Agreements for the operation of Engel & Völkers Residential Real Estate Brokerages. We currently only have a master license in the state of Florida.
Until March 2013, we granted master franchises and direct franchises to operate "Property Shops". The Property Shops were intended to be located exclusively at top pedestrian (retail) locations. We are now describing the franchises we grant as Residential Real Estate Brokerages in order to convey that we are now primarily seeking conversion franchisees already in the residential real estate brokerage business who can operate not only from retail locations, but combine retail locations with non-retail locations.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to the 2025 Engel & Volkers FDD, Engel & Volkers provides services to its master franchisees and direct franchisees regarding the residential property segment. These services include the opportunity to open and operate Engel & Völkers Residential Real Estate Brokerages for marketing residential property under the Engel & Völkers trade name, Trademarks, and System. This system includes operating procedures and the utilization of a worldwide client platform.
For master franchisees, Engel & Volkers also grants the right to offer subfranchises to third parties. These subfranchises allow third parties to own and operate Residential Real Estate Brokerages using the Engel & Volkers real estate brokerage System. Engel & Volkers offers Franchise Agreements for operating Engel & Volkers Residential Real Estate Brokerages throughout the United States, except in states where master franchisees have exclusive rights to offer these agreements. Currently, Engel & Volkers has a master license only in the state of Florida.
Additionally, Engel & Völkers Technology GmbH provides technology support services to Engel & Volkers, its franchisees (both master and direct), and their subfranchisees. Grund Genug Verlag also supplies magazines to Engel & Volkers, its franchisees, and their subfranchisees, further supporting their marketing and operational efforts.