Can Engel & Volkers training change as the Engel & Volkers system grows and evolves?

According to Engel & Volkers' 2025 Franchise Disclosure Document, the training programs and requirements are likely to change during the term of the Franchise Agreement as the Engel & Volkers System grows and evolves. Engel & Volkers reserves the right to offer additional, ongoing, and supplemental training sessions that may apply only to certain franchisees and/or their sales advisors or employees. Engel & Volkers may make certain of these training sessions mandatory, and they reserve the right to charge a fee for attendance.

Instructors and course content may also be changed. Instructors for System Training are provided by Engel & Volkers, unless outside consultants are used, and are usually department heads, corporate officers, or certified trainers of Engel & Volkers. Franchisees and their designated employees will also be required to attend additional training, supplemental, or refresher courses in accordance with the Engel & Volkers training program and to pay the then-current fees. Engel & Volkers may delegate the organization and execution of these mandatory training courses and also any additional voluntary seminars to an independent training center.

Prospective franchisees should be aware that these changes could mean additional costs for training, travel, accommodation, and out-of-pocket expenses for themselves, their employees, and sales advisors. Engel & Volkers cannot predict how frequently franchisees must attend the additional training, as it depends on an individual franchisee's particular circumstances. If a franchisee requests that training be conducted at their location and Engel & Volkers agrees, the franchisee must pay the trainer's expenses and the costs for the training location, food, and beverage for the training participants and any related service fees.