Where might Engel & Volkers training be conducted?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
sales advisors and 2 staff members) and SPT Training to 1 additional staff member (for a total of 2 staff members).
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- You must pay costs for travel for yourself and your brokerage manager. Training will be conducted virtually via a web-based platform or at a location in the United States, or virtually via web-based platform, as we may designate in our sole business judgment from time to time. Your actual costs will vary, depending on whether training is conducted virtually or on-site, the distance to be traveled, the method of travel, and personal circumstances.
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- Your real estate brokerage must be in an appropriate location approved by us. You might incur build-out cost if the interior and/or exterior of your location does not meet our design specifications as set forth in the System Documentation.
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Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 30–38)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, training can be conducted virtually via a web-based platform or at a physical Engel & Volkers location within the United States. The specific location and format (virtual or in-person) will be determined by Engel & Volkers based on their business judgment.
For in-person Engel & Volkers Engage Training, if a franchisee requests it and Engel & Volkers agrees to provide it, the training will be held at a location in the U.S. that Engel & Volkers designates. The franchisee is responsible for travel costs for themselves and their brokerage manager to attend any training.
Prospective franchisees should consider that the actual costs for training will vary depending on whether the training is conducted virtually or on-site, the distance to be traveled, the method of travel, and personal circumstances. This means budgeting should account for potential travel and accommodation expenses if in-person training is required or preferred.