
Financial and real estate services
Engel & Völkers franchise
Residential real estate brokerage franchising in the United States, within the broader Engel & Völkers brand network.
- Opening investment
- $205,690–$471,592
- Worldwide locations
- >1,000
2026 · startup; unpriced costs
Date not stated
Opening costs and fees
$205,690–$471,592
Opening costs vary by format, location and lease terms.
- Conversion investment
- 2026 FDD: $108,690–$340,592 disclosed for conversion, including $30,000–$90,000 of three-month additional funds. Minimum initial fee and unspecified costs mean the range is not an all-in cap.2026-04-29
- Start-up investment
- 2026 FDD: $205,690–$471,592 disclosed for startup, including $60,000–$170,000 of three-month additional funds. Unpriced premises/improvements, MLS and licensing costs need review.2026-04-29
- Royalty and marketing fund
- 2026 FDD: Marginal royalty rates run from 6% to 3.75% of defined Gross Revenues, with a $60,000 annual minimum; the national marketing/technology fund runs from 2% to 1.50%. Late reporting/payment can remove tier discounts.2026-04-29
- Conversion and start-up investment estimates differ
- Historical 2025 FDD (amended December 30, 2025): Item 7 reports $91,690–$288,592 for conversion and $176,690–$423,592 for start-up. Variable premises/licensing/MLS costs and the uncapped initial fee prevent treating either as a complete cost cap.Historical 2025-03-31
Running the business
- Owner involvement
- 2026 FDD: Personal operation is not required, but an absent owner must employ a full-time, state-licensed brokerage manager. Manager equity is not required; training and confidentiality obligations apply.2026-04-29
- Owner may appoint a full-time licensed manager
- Historical 2025 FDD (amended December 30, 2025): Personal operation is not required, but an absent owner must appoint a full-time licensed broker manager. Training, guarantees for owners of 10% or more and ongoing three-month reserves still apply.Historical 2025-03-31
Revenue and performance
- Earnings disclosure
- The 2026 FDD makes no financial performance representation. It may provide actual records for an existing outlet you are considering buying; royalty tiers are not earnings forecasts.2026-04-29
- No earnings representation; ten-year contract
- Historical 2025 FDD (amended December 30, 2025): Item 19 supplies no outlet financial performance representation. The contract states a 10-year term and conditional 10-year renewal; full exit and state-specific agreement review remains open.Historical 2025-03-31
Revenue is sales before expenses, not owner income. Compare matching periods, formats and location samples.
Locations
Existing locations do not establish that a new territory is available. Confirm your market with the franchisor.
Sources and figure notes
Reporting periods and scope
Worldwide locations
over 1,000 shops worldwide · global branded residential and commercial shops; broader than Americas issuer
Opening investment
2026 FDD: $205,690–$471,592 disclosed for startup, including $60,000–$170,000 of three-month additional funds. Unpriced premises/improvements, MLS and licensing costs need review. 2026 FDD amended July 31; later amendments and complete profile not certified. Initial fee is a minimum, not a fixed upper bound. Training assumptions conflict in the source; three-month funds are not a sufficiency guarantee.
Research snapshot: . Sources and methodology
Compare independent startup vs. franchise economics
Compare Engel & Völkers’s franchise model against starting or buying an independent business in real estate (line-item CapEx, 0%-royalty owner SDE margins & SBA resale multiples):