factual

Under what condition can an Engel & Volkers franchisee engage in activities incompatible with the Engel & Volkers System?

Engel_Volkers Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee hereby agrees not to encourage or permit any activities in its Residential Real Estate Brokerage which are incompatible with this Agreement, the ENGEL & VÖLKERS System or with the type of properties covered by this Agreement.

Any exceptions to this rule shall require the prior written consent of Franchisor.

Source: Item 22 — CONTRACTS (FDD page 88)

What This Means (2025 FDD)

According to Engel & Volkers' 2025 Franchise Disclosure Document, a franchisee can engage in activities incompatible with the Engel & Volkers System if they obtain prior written consent from the franchisor. Engel & Volkers maintains the right to grant or deny these exceptions.

This condition ensures that franchisees primarily adhere to the Engel & Volkers System to maintain brand consistency and quality. However, it also allows for flexibility if a franchisee identifies a unique opportunity or service that might fall outside the standard system but could still benefit their business.

For a prospective franchisee, this means that while they are expected to operate within the established Engel & Volkers framework, they are not entirely restricted from pursuing other business activities. However, they must seek and receive explicit approval from Engel & Volkers before engaging in any such activities, which provides Engel & Volkers with control over brand standards and market positioning.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.