What is the total number of classroom training hours provided by Engel & Volkers?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
"SPT") (Staff Members Supporting Sales Advisors)**
At least one staff member at your real estate brokerage that supports Sales Advisors must attend the complete SPT Training.
| Subject | Hours of Classroom Training | Hours of On-the-Job Training | Location | |---|---|---|---| | Engel & VölkersE-Learning Courses (incl. Google Workspace, Integrated Product Suite (World), Engel & Völkers Brand History, Vision and Values) | 2.5 hours | - | Virtual via web-based training platforms as determined by us | | The Engel & Völkers Difference (understanding and leveraging the Engel & Völkers brand, system tools and the Engel & Völkers Systematic Approach to Servicing Clients) | 2 hours | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. chosen by us | | Engel & Völkers Proprietary Listing Strategy (incl. Market Expertise, Research and Market Specialization) | 2 hour | - | Virtual via web-based training platforms as determined by us, or at a location in the U.S. chosen by us | | Totals | 6.5 hours | 0 | | | Column 1 Subject | Column 2 Hours of Classroom Training | Column 3 Hours of On-the-Job Training | Column 4 Location | |---|---|---|---| | Engel & Völkers Overview, Culture and Introduction | 2 hours | | Virtual via web-based training platform as determined by us | 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.
It is mandatory to attend the LPT training for an individual Franchisee, the Principals, or the broker manager (if the individual Franchisee or Principals will not be active in the Residential Real Estate Brokerage), for Sales Advisors and staff members supporting your Sales Advisors to attend Engel & Völkers Engage, and for at least one staff member working at the franchised Business who supports Sales Advisors to attend SPT training. However, there is no specific test or other requirement that the training be completed to our satisfaction.
At this time, we charge existing franchisees who qualify for the option to obtain the Development Services Designation and/or the Commercial Designation. Both designations require participation in certain training programs. There is no separate training fee for these trainings, but you must pay a designation fee, depending on the number of qualifying Residential Real Estate Brokerages and designees that will be using the designation.
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, the initial training program includes different subjects with varying hours of classroom training. One set of courses totals 6.5 hours of classroom training. These courses cover Engel & Völkers E-Learning, the Engel & Völkers Difference, and the Engel & Völkers Proprietary Listing Strategy. Another set of courses totals 27 hours of classroom training. These courses cover Introduction to LPT and Onboarding Systematic, Brand Tools and Systems, Considerations for Operating an Engel & Volkers Brokerage, Business Planning, Market Research, Leadership, Recruiting and Specialization, Marketing Tools and Systems, Brand Standards and Introduction to Engel & Volkers Designations, and Talent Management.
Therefore, the total number of classroom training hours for the Engel & Volkers Leadership Path Training is 33.5 hours. This training is typically conducted virtually via web-based training platforms, but may also be held at a physical location in the U.S. chosen by Engel & Volkers.
Prospective franchisees should note that Engel & Volkers may offer additional, ongoing, and supplemental training sessions that may apply only to certain franchisees, sales advisors, or employees. Attendance at these sessions may be mandatory, and Engel & Volkers reserves the right to charge a fee for attendance. The training offerings and requirements are subject to change during the term of the Franchise Agreement as the Engel & Volkers System grows and evolves.