Start-Up Costs and Fees |
||
| Red Carpet Real Estate | Engel & Voelkers | |
| Investment | 36000 - 36000 | 176000 - 320500 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 0.50% | 1.50% |
| Year Founded | 1966 | 1977 |
| Year Franchised | 1970 | 1998 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | Engel & Voelkers | |
| Experience | ||
Financing Options |
||
| Red Carpet Real Estate | Engel & Voelkers | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Red Carpet Real Estate | Engel & Voelkers | |
| Training | Meetings Quarterly | 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. |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | |
| Marketing | ||
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | |
Expansion Plans |
||
| Red Carpet Real Estate | Engel & Voelkers | |
| 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 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| Engel & Voelkers | 6% |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| Engel & Voelkers | 1.50% |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| Engel & Voelkers | 1977 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| Engel & Voelkers | 1998 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| Engel & Voelkers | |
| Renewal Fee | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Equipment | |
| Red Carpet Real Estate} | |
| Engel & Voelkers | |
| Inventory | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Receivables | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Payroll | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| 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. |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Engel & Voelkers | |
| Marketing | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| Engel & Voelkers | |
Expansion Plans |
|
| US Expansion | |
| Red Carpet 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 |
| Engel & Voelkers | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| Engel & Voelkers | 0 |
| International Expansion | |
| Red Carpet Real Estate | |
| Engel & Voelkers | |