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ENGEL & VOLKERS
Engel & Völkers Americas, Inc. franchises the right to own and operate Residential Real Estate Brokerages focused on marketing upscale residential properties using the proprietary Engel & Völkers System, which includes standardized design, training, marketing support, and a global client referral platform. The business model primarily targets conversion of existing real estate brokerages or new ones with experienced agents in premium markets, granting direct franchises in most U.S. states except where master franchisees hold exclusive rights. The target market is high-end residential real estate buyers and sellers in affluent areas worldwide, with a strong emphasis on luxury properties.
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Franchise Costs
Tiered royalty starting at 6% of gross revenues (decreasing at higher tiers, minimum $60,000 annually) + tiered national marketing & technology fund starting at 2% of gross revenues (decreasing at higher tiers) + $3,025 annual GG Magazine advertisement.
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
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Unlock financial performance dataENGEL & VOLKERS Franchise Analysis
Diving into luxury real estate franchising, Engel & Völkers stands out with its upscale branding and global referral network targeting affluent clients. The FDD reveals investment details in Item 7 and system performance metrics, but the absence of Item 19 earnings data leaves revenue questions hanging. With recent location trends and litigation notes, is this a stable play in premium markets or a risky pivot? Unlock to see if the numbers align with your goals.
Item 7 lays out the initial investment range of $91,690 to $288,592, covering franchise fee ($35,000), real estate, equipment, and opening costs for brokerage operations focused on high-end residential properties. Ongoing fees include a tiered 6% royalty on gross revenues—dropping at higher tiers but with a $60,000 annual minimum—plus 2% into national marketing and tech funds (also tiered), and a $3,025 yearly GG Magazine ad buy. No Item 19 disclosure means no verified revenue or profit figures from existing units, a red flag forcing reliance on your market research for luxury sales potential in affluent areas.
System health shows 237 U.S. locations in 2024, down 1% from 239 in 2023, with 6 terminations, 1 non-renewal, 1 transfer, and 17 projected new units—signaling modest growth amid competition. Litigation centers on contract breaches and territory issues, typical for real estate but worth vetting. For experienced brokers converting shops in premium markets, the global platform adds value, yet the contraction and fee floors demand strong volume to thrive; low-end investment suits startups, but scalability hinges on luxury demand.
Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How ENGEL & VOLKERS Compares
Key Insights
- Higher investment than 95% of Real Estate Brokerage franchises
- Top 10 largest franchise system in Real Estate Brokerage
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
ENGEL & VOLKERS Current | $92K – $289K | $35K | 6.0% | 237 |
| Century 21 Real Estate LLC | $35K – $279K | $25K | 6.0% | 1,734 |
| Century 21 Real Estate | $36K – $286K | $25K | 6.0% | 1,685 |
| SOTHEBY'S INTERNATIONAL REALTY | $47K – $332K | $25K | 6.0% | 672 |
| ERA | $33K – $260K | $25K | 6.0% | 444 |
| ERA | $34K – $267K | $25K | N/A | 434 |
Real Estate Brokerage Average 21 franchises | $49K – $295K | $25K | 5.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 21 Real Estate Brokerage franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+27 more states
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Unlock location growth dataFranchisee Contacts
399 franchisee contacts on file from official FDD filings.
399 Contacts Available
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Unlock contactsDue Diligence
Litigation (Item 3)
Primarily breach of contract, territory encroachment, and franchise investment law violation disputes with franchisees.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Unlock due diligence reportsFrequently Asked Questions
The total initial investment to open a ENGEL & VOLKERS franchise ranges from $91,690 to $288,592. This includes a franchise fee of $35,000. Ongoing royalty fees are 6.0% of gross sales.
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