Start-Up Costs and Fees |
||
| Engel & Voelkers | United Country Real Estate | |
| Investment | 176000 - 320500 | 10935 - 50440 |
| Franchise Fee | ||
| Royalty Fee | 6% | 6% - 12% |
| Advertising Fee | 1.50% | |
| Year Founded | 1977 | 1925 |
| Year Franchised | 1998 | 1997 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Engel & Voelkers | United Country Real Estate | |
| Experience | ||
Financing Options |
||
| Engel & Voelkers | United Country Real Estate | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Engel & Voelkers | United Country 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. | 4 day training workshop in Kansas City, Mo., must be completed within 60 days of effective date of Franchise Agreement. - Additional webinars, regional training sessions, and an annual training convention are held every year. |
| Support | ||
| Marketing | ||
| Operations | The Broker Office, if conducting any brokerage business, must be managed by an individual having a valid real estate broker's license for that state. If your Broker Office will only be conducting an auction business, and will not engage in real estate brokerage, the manager need not have a real estate broker's license but must hold any license required of auctioneers operating in any state in which you conduct auctions. Your Franchise Agreement does not require you to be such manager or participate directly in the operation of your Broker Office. We recommend, though, that you remain involved and informed about your Broker Office operations. The Broker Office manager must devote his or her fulltime efforts to such position. Such manager must attend and successfully complete the initial training workshop for new Broker Offices and any other training programs or seminars at which attendance is required. The Broker Office manager need not own an equity interest in a corporate or similar entity franchisee. In the event of the resignation, termination, disability, incapacity or death of your manager, a successor manager must be appointed and must attend and successfully complete our initial training. A tuition charge for a successor manager's attendance at such training (currently $895) is payable to us for the successor manager's lodging and meals as furnished to new franchisees in attendance You may operate the franchise granted you only as a United Country Broker Office. You are prohibited from offering or selling any products or services not authorized by us, and you may not use the Broker Office premises for any purpose other than operation of a real estate brokerage office or auction business unless consent for such other use has been granted by us and such other business is clearly identified as not operating under the Licensed Marks. We have the right to change the types of authorized products and services used or offered and sold in United Country Broker Offices, and there are no limits upon our right to do so. Franchisee shall appoint a full-time manager with a valid real estate broker's license to be in charge of the business operations of the Broker Office (the "Manager"). If the Broker Office shall only be conducting an auction business, and shall not engage in real estate brokerage, the Manager need not have a real estate broker's license but must hold any license required of auctioneers doing business in the State where the Broker Office is located. Franchisee shall cause the Manager to devote full-time efforts to such position. | |
Expansion Plans |
||
| Engel & Voelkers | United Country Real Estate | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | Australia, Canada, Mexico, New Zealand, Panama |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Franchise Fee | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Royalty Fee | |
| Engel & Voelkers | 6% |
| United Country Real Estate | 6% - 12% |
| Advertising Fee | |
| Engel & Voelkers | 1.50% |
| United Country Real Estate | |
| Year Founded | |
| Engel & Voelkers | 1977 |
| United Country Real Estate | 1925 |
| Year Franchised | |
| Engel & Voelkers | 1998 |
| United Country Real Estate | 1997 |
| Term Of Agreement | |
| Engel & Voelkers | |
| United Country Real Estate | 5-10 years. |
| Renewal Fee | |
| Engel & Voelkers | |
| United Country Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Engel & Voelkers | |
| United Country Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Start-up Costs | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Equipment | |
| Engel & Voelkers} | |
| United Country Real Estate | |
| Inventory | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Receivables | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Payroll | |
| Engel & Voelkers | |
| United Country 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. |
| United Country Real Estate | 4 day training workshop in Kansas City, Mo., must be completed within 60 days of effective date of Franchise Agreement. - Additional webinars, regional training sessions, and an annual training convention are held every year. |
| Support | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Marketing | |
| Engel & Voelkers | |
| United Country Real Estate | |
| Operations | |
| Engel & Voelkers | |
| United Country Real Estate | The Broker Office, if conducting any brokerage business, must be managed by an individual having a valid real estate broker's license for that state. If your Broker Office will only be conducting an auction business, and will not engage in real estate brokerage, the manager need not have a real estate broker's license but must hold any license required of auctioneers operating in any state in which you conduct auctions. Your Franchise Agreement does not require you to be such manager or participate directly in the operation of your Broker Office. We recommend, though, that you remain involved and informed about your Broker Office operations. The Broker Office manager must devote his or her fulltime efforts to such position. Such manager must attend and successfully complete the initial training workshop for new Broker Offices and any other training programs or seminars at which attendance is required. The Broker Office manager need not own an equity interest in a corporate or similar entity franchisee. In the event of the resignation, termination, disability, incapacity or death of your manager, a successor manager must be appointed and must attend and successfully complete our initial training. A tuition charge for a successor manager's attendance at such training (currently $895) is payable to us for the successor manager's lodging and meals as furnished to new franchisees in attendance You may operate the franchise granted you only as a United Country Broker Office. You are prohibited from offering or selling any products or services not authorized by us, and you may not use the Broker Office premises for any purpose other than operation of a real estate brokerage office or auction business unless consent for such other use has been granted by us and such other business is clearly identified as not operating under the Licensed Marks. We have the right to change the types of authorized products and services used or offered and sold in United Country Broker Offices, and there are no limits upon our right to do so. Franchisee shall appoint a full-time manager with a valid real estate broker's license to be in charge of the business operations of the Broker Office (the "Manager"). If the Broker Office shall only be conducting an auction business, and shall not engage in real estate brokerage, the Manager need not have a real estate broker's license but must hold any license required of auctioneers doing business in the State where the Broker Office is located. Franchisee shall cause the Manager to devote full-time efforts to such position. |
Expansion Plans |
|
| US Expansion | |
| Engel & Voelkers | |
| United Country Real Estate | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Engel & Voelkers | 0 |
| United Country Real Estate | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Engel & Voelkers | |
| United Country Real Estate | Australia, Canada, Mexico, New Zealand, Panama |