Engel & Volkers

Who are we

What to know about Engel & Volkers franchise? Engel & Völkers offers a franchise that grants the right to own and operate an Engel & Völkers Residential Real Estate Brokerage. This company specializes in marketing residential properties and is a leading international real estate company. The company was founded in 1977 by two German entrepreneurs and has since grown to become one of the world’s largest real estate companies, with multiple offices across the world. The philosophy of Engel & Völkers is based on three pillars: exclusivity, passion and quality. This means that they only work with the best properties, their team is passionate about what they do, and they always strive for the highest quality standards. As an Engel & Völkers franchisee, you will benefit from their strong brand name, global network and years of experience in the industry. They will provide you with all the training and support you need to get started, and you will have access to their exclusive listing platform and marketing tools. Engel & Volkers is based in New York, NY. Scroll down to learn more!How much does a Engel & Volkers franchise cost?Are you wondering how much is a Engel & Volkers franchise? Before starting a Engel & Volkers franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Engel & Volkers franchise is $91,690 and can go all the way up to $423,592. Keep in mind, you should also allocate additional funds to live off of while the Engel & Volkers business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Engel & Volkers franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Engel & Volkers business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Engel & Volkers franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.