Start-Up Costs and Fees |
||
| Engel & Voelkers | SellSmart Real Estate | |
| Investment | 176000 - 320500 | 23500 - 53600 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1.50% | |
| Year Founded | 1977 | 2001 |
| Year Franchised | 1998 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Engel & Voelkers | SellSmart Real Estate | |
| Experience | ||
Financing Options |
||
| Engel & Voelkers | SellSmart Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Engel & Voelkers | SellSmart Real Estate | |
| Training | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | ||
| Marketing | ||
| Operations | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Engel & Voelkers | SellSmart Real Estate | |
| US Expansion | ||
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Franchise Fee | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Royalty Fee | |
| Engel & Voelkers | 6% |
| SellSmart Real Estate | 6% |
| Advertising Fee | |
| Engel & Voelkers | 1.50% |
| SellSmart Real Estate | |
| Year Founded | |
| Engel & Voelkers | 1977 |
| SellSmart Real Estate | 2001 |
| Year Franchised | |
| Engel & Voelkers | 1998 |
| SellSmart Real Estate | 2004 |
| Term Of Agreement | |
| Engel & Voelkers | |
| SellSmart Real Estate | 5 years |
| Renewal Fee | |
| Engel & Voelkers | |
| SellSmart Real Estate | $500 |
Business Experience Requirements |
|
| Experience | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Start-up Costs | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Equipment | |
| Engel & Voelkers} | |
| SellSmart Real Estate | |
| Inventory | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Receivables | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Payroll | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
Training & Support |
|
| Training | |
| Engel & Voelkers | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Marketing | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Operations | |
| Engel & Voelkers | |
| SellSmart Real Estate | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Engel & Voelkers | |
| SellSmart Real Estate | |
| Canada Expansion | |
| Engel & Voelkers | 0 |
| SellSmart Real Estate | |
| International Expansion | |
| Engel & Voelkers | |
| SellSmart Real Estate | |