What year did Engel & Volkers E&V Residential start offering franchises?
Engel_Volkers Franchise · 2025 FDDAnswer from 2025 FDD Document
E&V Residential was established in 1977. It is responsible for franchising outside of Germany and in Germany for the residential real estate segment. E&V Residential started offering franchises in 1998. Until December 31, 2007, it was also responsible for franchising outside of Germany for the commercial property segment. E&V Residential grants direct franchises and master franchises to third parties in Germany and throughout countries worldwide to use the Engel & Völkers real estate brokerage franchise system. As of December 31, 2024, E&V Residential had 465 franchisees operating in Europe, South America, and South Africa. E&V Residential has granted master franchises (residential) in the following countries or areas outside the U.S. as of this date:
Argentina
Colombia
Balearic Islands
Chile
Hungary
Italy
Peru
South Africa
Switzerland/Lichtenstein
Uruguay
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–15)
What This Means (2025 FDD)
According to Engel & Volkers' 2025 Franchise Disclosure Document, E&V Residential started offering franchises in 1998. E&V Residential is responsible for franchising outside of Germany and within Germany for the residential real estate segment.
As of December 31, 2024, Engel & Volkers Residential had 465 franchisees operating in Europe, South America, and South Africa. Engel & Volkers Residential grants both direct and master franchises to third parties in Germany and worldwide, allowing them to operate using the Engel & Volkers real estate brokerage franchise system.
Prospective franchisees should note that E&V Residential also handles franchising for the commercial property segment outside of Germany until December 31, 2007. This indicates a shift in focus over time, initially covering both residential and commercial properties before concentrating on residential real estate. This history may be relevant to understanding the brand's expertise and strategic direction.