The global luxury real estate brand was recognized by the independent research firm as a Top 200 Franchise
Engel & Völkers today announced that it was named a Top Franchise for 2023 by Franchise Business Review. This is the 18th annual ranking of the 200 best franchise opportunities as rated by franchise business owners. Engel & Völkers was previously named a “Top 100 Most Innovative Franchise,” “Most Profitable Franchise,” and a “Top Franchise For Veterans” by the independent research firm.
“We’re incredibly proud of this recognition from Franchise Business Review,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “It’s especially meaningful that it comes as the result of the words and experiences shared by our franchisees. Our achievements are directly linked to their satisfaction with the brand and their ability to leverage it in order to build and grow a thriving, sustainable real estate business. Being named as a top franchise fuels our ability to further expand in the Americas and beyond.”
Engel & Völkers’ franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training and support, operations, franchisor/franchisee relations, and financial opportunity.
“Franchisee satisfaction levels hit an all-time high last year despite the pandemic, and we are pleased to report that our 2023 research shows satisfaction has remained sky high—a sure indicator that franchisee satisfaction is a top priority for franchise companies,” said Michelle Rowan, president & COO of Franchise Business Review. “As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities available based on actual feedback from the people who own them. Each of the 200 Franchisee Satisfaction Award winners on this year’s list achieved stellar ratings from their franchisees.”
Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.