Question 1

What is the Engel & Völkers Residential Real Estate Brokerage franchise royalty rate?

Accepted Answer

The Engel & Völkers Residential Real Estate Brokerage franchise charges a royalty rate of 6.0% of gross sales, according to the latest Franchise Disclosure Document (FDD).

Question 2

What are the total ongoing fees for a Engel & Völkers Residential Real Estate Brokerage franchise?

Accepted Answer

The total ongoing fee rate for a Engel & Völkers Residential Real Estate Brokerage franchise is approximately 8.0% of gross sales, including royalty, marketing, technology, and other recurring fees.

Question 3

What is the Engel & Völkers Residential Real Estate Brokerage franchise advertising fee?

Accepted Answer

Engel & Völkers Residential Real Estate Brokerage requires a national advertising/marketing fund contribution of 2.0% of gross sales.