What topics are covered in the 9 hours of 'Considerations for Operating an Engel & Volkers Brokerage' training?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
. You may request on-site training in a city in the U.S. as determined by us depending on the number of participants (minimum 15 participants and maximum 50 participants).
| Subject | Hours of Classroom Training | Hours of On-the-Job Training | Location |
|---|---|---|---|
| Introduction to LPT and Onboarding Systematic | 3 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. |
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 43–54)
What This Means (2025 FDD)
According to the 2025 Engel & Volkers FDD, the 9 hours of training for 'Considerations for Operating an Engel & Volkers Brokerage' includes business planning, market research, leadership, recruiting, and specialization. This training is conducted virtually via web-based training platforms or at a physical location in the U.S., as determined by Engel & Volkers.
This comprehensive training module is designed to equip franchisees with essential knowledge and skills for effectively managing their Engel & Volkers brokerage. By covering topics such as business planning, market research, leadership, recruiting, and specialization, Engel & Volkers aims to provide franchisees with a solid foundation for success. The flexibility of virtual or in-person training options allows franchisees to choose the format that best suits their needs and preferences.
Prospective franchisees should recognize the importance of this training in preparing them for the multifaceted responsibilities of operating an Engel & Volkers brokerage. Understanding business planning, conducting thorough market research, developing leadership skills, mastering recruiting strategies, and identifying areas of specialization are all critical for achieving sustainable growth and profitability. While the FDD specifies the topics covered, it does not provide a detailed breakdown of the content within each area. Therefore, prospective franchisees should inquire about the specific curriculum and learning objectives for each topic to fully understand the scope and depth of the training.
It is also important to note that Engel & Volkers retains the discretion to determine the training location and format, which may impact travel costs and logistical arrangements for franchisees. Franchisees should factor in these potential expenses when evaluating the overall investment required to establish and operate an Engel & Volkers brokerage.