Engel & Voelkers vs Next Generation Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Engel & Voelkers vs Next Generation Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Engel & Voelkers Next Generation Realty
Investment 176000 - 320500 30000 - 397800
Franchise Fee
Royalty Fee 6% 4.50%
Advertising Fee 1.50% 3%
Year Founded 1977 1994
Year Franchised 1998 1994
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Engel & Voelkers Next Generation Realty
Experience

Financing Options

  Engel & Voelkers Next Generation Realty
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Engel & Voelkers Next Generation Realty
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.
Support
Marketing
Operations

Expansion Plans

  Engel & Voelkers Next Generation Realty
US Expansion
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Engel & Voelkers
Next Generation Realty
Franchise Fee
Engel & Voelkers
Next Generation Realty
Royalty Fee
Engel & Voelkers 6%
Next Generation Realty 4.50%
Advertising Fee
Engel & Voelkers 1.50%
Next Generation Realty 3%
Year Founded
Engel & Voelkers 1977
Next Generation Realty 1994
Year Franchised
Engel & Voelkers 1998
Next Generation Realty 1994
Term Of Agreement
Engel & Voelkers
Next Generation Realty
Renewal Fee
Engel & Voelkers
Next Generation Realty


Business Experience Requirements

Experience
Engel & Voelkers
Next Generation Realty

Financing Options

 
Franchise Fees
Engel & Voelkers
Next Generation Realty
Start-up Costs
Engel & Voelkers
Next Generation Realty
Equipment
Engel & Voelkers}
Next Generation Realty
Inventory
Engel & Voelkers
Next Generation Realty
Receivables
Engel & Voelkers
Next Generation Realty
Payroll
Engel & Voelkers
Next Generation Realty

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.
Next Generation Realty
Support
Engel & Voelkers
Next Generation Realty
Marketing
Engel & Voelkers
Next Generation Realty
Operations
Engel & Voelkers
Next Generation Realty

Expansion Plans

US Expansion
Engel & Voelkers
Next Generation Realty
Canada Expansion
Engel & Voelkers 0
Next Generation Realty 0
International Expansion
Engel & Voelkers
Next Generation Realty