From the filings
Engel & Völkers Direct's franchise agreement centers software and supplier decisions at HQ: Item 8 sets mandatory standards for the goods, services, and computer hardware and software franchisees buy, and reserves the right to require purchases from Engel & Völkers, its designees, or approved suppliers. The system spans 223 offices, all franchised, with franchised outlets down 5.907% year over year.
For software vendors selling into US franchise brands.
Live signals
Ongoing fee load
The recurring percentage of gross sales named in this filing, before rent, labour or any technology fee.
8%of gross sales (FY2026)
15% reference
Franchisor behaviours
15 requirements the franchisor states in this filing, each in its own words; 8 explicit no's; 11 questions the text does not settle, which is not a no.
Accounting
Does the franchisor have direct or independent electronic access to the franchisee's financial, sales or customer records?
YesItem 11
We may have independent access to information and data that is electronically collected by your Residential Real Estate Brokerage.
How the franchisor buys
Is the franchisor or an affiliate itself a supplier of required products, services or systems?
YesItem 8
We reserve the right to designate or approve one or more third parties (a “Supplier” or “Suppliers”), or ourselves or one of our respective affiliates, to supply you with certain products and services using the Trademarks.
Does the franchisor reserve the right to change designated suppliers or systems at any time?
YesItem 8
We reserve the right to designate or approve one or more third parties (a “Supplier” or “Suppliers”), or ourselves or one of our respective affiliates, to supply you with certain products and services using the Trademarks.
Item 8 gives this proportion in one of two shapes: separate percentages for establishing the business and for operating it, or one figure covering "establishing and operating" together. Where they are separate, answer with the operating percentage; where the passage gives only the combined figure, answer with that. What percentage of the franchisee's purchases must come from designated or approved suppliers?
20Item 8
The percentage of your required purchases to all purchases of goods and services you will need to make to establish and operate your business will be approximately 20% to 25%.
Can a franchisee propose a new supplier for the franchisor's approval?
YesItem 8
If you propose to contract for or purchase products or services from any supplier that we have not previously designated or approved, you must notify us in writing and submit to us all information, specifications and samples that we request.
Franchise management
Does the franchisor conduct periodic inspections, audits or evaluations of the franchised business?
YesFranchise agreement
Franchisee hereby grants Franchisor or its appointed agents the right to perform audits of its office organization, accounting procedures, and other aspects of the Residential Real Estate Brokerage at reasonable times during normal business hours, with or without prior notice to Franchisee, and at the same time to…
Can the franchisor change the operations manual and brand standards unilaterally?
YesFranchise agreement
The System Documentation may be modified by Franchisor in its sole business judgment at any time.
Must the franchisor approve the franchisee's site or location before opening?
YesItem 11
We must approve any location you select.
Marketing
Is the franchisee prohibited from operating its own website or social media accounts, or required to use pages the franchisor provides?
YesItem 11
You are not permitted to have an individual franchisee website.
Is a minimum grand opening advertising spend required?
YesItem 7
Within 3 months of opening your real estate brokerage, you must hold an opening public relations event at your own expense.
Payments
Are royalties and other fees collected by automatic bank debit (ACH or electronic funds transfer) from the franchisee's account?
YesFranchise agreement
Franchisor will normally obtain payment at the time of settlement or closing (or as otherwise may be permitted herein), and for all other amounts due under this Agreement by direct debit from Franchisee’s account.
People
Does the franchisor require minimum staffing levels or specific roles?
YesFranchise agreement
Franchisee affirms, warrants and understands that it may staff its franchised business with as many employees and contractors as it desires at any time so long as Franchisor’s minimal staffing levels are achieved.
Point of sale
Does the franchisor have independent access to the data in the franchisee's POS or computer system?
YesItem 11
We may have independent access to information and data that is electronically collected by your Residential Real Estate Brokerage.
Training
Can the franchisor charge the franchisee for additional, refresher or remedial training?
YesItem 11
We reserve the right to offer additional, ongoing and supplemental training sessions at times and locations designated by us.
Is attendance at an annual convention or conference mandatory for the franchisee?
YesItem 6
Each of your Principals with 25% or more ownership interest in the franchisee entity must attend our Network Conference.
Engel & Völkers Direct operates 223 real estate offices, all franchised. The FDD makes no financial performance representation. Franchised outlets fell 5.907% year over year, and the mapped operator base is entirely single-unit, spread across Florida, Colorado, Texas, Maryland, and California — a sign that HQ-level technology and supplier decisions reach individual offices directly rather than through large multi-unit operators.
Engel & Völkers Direct's corporate office sets the mandatory standards, methods, and specifications franchisees must follow, including any requirement to buy or lease computer hardware and software from Engel & Völkers, its designees, or approved suppliers. CEO and President Stuart Siegel and CFO and Treasurer Andrew Dinsmore lead that decision, with Chief Administrative Officer Ulrike Cohen and Chief Marketing and Performance Officer Katelyn Castellano rounding out the executive team.
The filing requires franchisees to obtain appropriate connectivity and browser software for the engelvoelkers.com and evrealestate.com listing service, along with any platform upgrades that become necessary, and franchisees and staff must use the standard Engel & Völkers e-mail addresses. Engel & Völkers makes its proprietary Integrated Product Suite available and integrates franchisees into its information technology network. Beyond that, Item 8 requires franchisees to purchase or lease goods, services, supplies, fixtures, equipment, inventory, computer hardware and software, and comparable items from Engel & Völkers, its designees, or suppliers it approves, when it chooses to impose that requirement.
Item 8 runs on an approved-supplier list. Grund Genug Verlag is currently the approved supplier of GG Magazine, and franchisees currently must buy certain marketing materials — pens, printed materials, and brochures bearing the Trademarks — from Engel & Völkers, an affiliate, or an approved supplier; franchisees may propose a supplier for approval. The royalty is 6% of annual Gross Revenues up to $1,000,000 (with a $60,000 annual minimum), stepping down by tier to 3.75% above $30,000,000, on a 10-year initial term, with franchisees required to give at least six months' written notice before expiration to seek a successor agreement, which may have materially different terms. Franchised outlets fell 5.907% year over year.
The embedded viewer below carries Engel & Völkers Direct's 2026 Franchise Disclosure Document in full, including the Item 11 technology and Item 8 supplier-restriction language summarized above.
Talk to FranCloud for a ranked list of franchise systems like Engel & Völkers Direct where the procurement model lines up with your product.
Questions vendors ask
Every number on this page traces back to this document. Read it in full, page by page. Buy the original PDF to download, search, and annotate it.
View only A one-time purchase: the original filing, yours to keep.
FDD alert
We’ll email you the moment Engel & Völkers Direct files a new annual FDD, usually the freshest signal of a vendor change.
Operator footprint
10 operators run 10 mapped locations. 0 of them are multi-unit. Aggregate counts from the filing; no names.
Operators by units owned
Top states by locations
| FL | 4 |
|---|---|
| CO | 1 |
| TX | 1 |
| MD | 1 |
| CA | 1 |
Ownership
unknown of engel v lkers residential gmbh.
Related Real estate brands
Primary franchise filings · updated September 2026. Every figure is source-traceable and QA-checked.