16 frequently asked questions answered with data from the 2025 Franchise Disclosure Document.
The total initial investment to open a Engel & Völkers Residential Real Estate Brokerage franchise ranges from $92K to $424K (2025 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Engel & Völkers Residential Real Estate Brokerage is $35K (2025 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Engel & Völkers Residential Real Estate Brokerage 2025 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Engel & Völkers Residential Real Estate Brokerage franchise requires a physical location (2025 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisEngel & Völkers Residential Real Estate Brokerage charges a royalty fee of 6.0% of gross sales (2025 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Engel & Völkers Residential Real Estate Brokerage franchise is approximately 8.0% of gross sales (2025 FDD). This includes the royalty fee, a 2.0% marketing/advertising fund contribution, and other recurring charges.
View full fees analysisEngel & Völkers Residential Real Estate Brokerage has been involved in 2 litigation cases over the past 3 years (2025 FDD). There are currently 3 pending cases. There is at least one class action lawsuit pending.
View full litigation analysisNo, the Engel & Völkers Residential Real Estate Brokerage franchisor has no bankruptcy filings in their disclosure history (2025 FDD).
View full litigation analysisEngel & Völkers Residential Real Estate Brokerage offers exclusive territory rights to its franchisees (2025 FDD). The franchise agreement includes encroachment protection, preventing the franchisor from placing another unit in your territory. Franchisees retain online sales rights for their territory.
View full territory analysisEngel & Völkers Residential Real Estate Brokerage currently operates 190 locations (2025 FDD) (190 franchised, 0 company-owned). The system contracted by 3.1% over the past year. The 3-year compound annual growth rate is 4.2%.
View full growth analysisThe 1-year franchisee turnover rate for Engel & Völkers Residential Real Estate Brokerage is 7.9% (2025 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisEngel & Völkers Residential Real Estate Brokerage does not include an Item 19 financial performance representation in their FDD (2025 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Engel & Völkers Residential Real Estate Brokerage is 10 years (2025 FDD). Franchisees can renew 1 time for 10-year periods. The total potential term is 20 years.
View full contract analysisEngel & Völkers Residential Real Estate Brokerage's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 75 miles of the former location (2025 FDD).
View full legal analysisNo, Engel & Völkers Residential Real Estate Brokerage's franchise agreement does not require mandatory arbitration (2025 FDD). Disputes may be resolved through litigation.
View full legal analysisEngel & Völkers Residential Real Estate Brokerage provides 27 hours of initial training over approximately 1 weeks (2025 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisEngel & Völkers Residential Real Estate Brokerage does not provide site selection assistance (2025 FDD). Franchisees are responsible for finding and securing their own location. The franchisor also provides technology support and systems.
View full support analysis