Do Engel & Völkers Residential Real Estate Brokerage and Upper Midwest Realty disclose financial performance (Item 19)?

Engel & Völkers Residential Real Estate Brokerage makes no Item 19 financial performance representation; Upper Midwest Realty makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

Franchise opportunities compared

Engel & Völkers Residential Real Estate Brokerage vs Upper Midwest Realty

Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

Engel & Völkers Residential Real Estate Brokerage2025 FDD UMUpper Midwest Realty2026 FDD

Initial investment · Item 7

Engel & Völkers Residential Real Estate Brokerage

$108,690 – $471,592

2025 FDD · Item 7

Upper Midwest Realty

$60,800 – $209,000

2026 FDD · Item 7

Initial franchise fee · Item 5

Engel & Völkers Residential Real Estate Brokerage

$35,000

2025 FDD · Item 5 · PDF p. 21

Upper Midwest Realty

Not available

Royalty · Item 6

Engel & Völkers Residential Real Estate Brokerage

2025 FDD · Item 6 · PDF p. 23

Upper Midwest Realty

Not available

Before you compare

Engel & Völkers Residential Real Estate Brokerage figures come from its 2025 FDD and Upper Midwest Realty figures from its 2026 FDD, so the years differ.
Engel & Völkers Residential Real Estate Brokerage and Upper Midwest Realty disclose more than one business format, so the investment range spans formats; the full report breaks them out.
Only neither brand has reviewed Item 19 figures here.

Financial commitment

Disclosure

Engel & Völkers Residential Real Estate Brokerage

UMUpper Midwest Realty

Estimated initial investment (Item 7)

Engel & Völkers Residential Real Estate Brokerage

$108,690 – $471,592

2025 FDD · Item 7

Upper Midwest Realty

$60,800 – $209,000

2026 FDD · Item 7

Standard initial franchise fee (Item 5)

Engel & Völkers Residential Real Estate Brokerage

$35,000

2025 FDD · Item 5 · PDF p. 21

Upper Midwest Realty

Not available

No single standard fee identified

Royalty (Item 6)

Engel & Völkers Residential Real Estate Brokerage

Royalty 0-$1M gross revenues

2025 FDD · Item 6 · PDF p. 23

Upper Midwest Realty

Not available

No reviewed royalty record

Brand / advertising fund (Item 6)

Engel & Völkers Residential Real Estate Brokerage

1.875%

National Marketing/Technology fund $2M-$5M — 1.875%

2025 FDD · Item 6 · PDF p. 24

Upper Midwest Realty

Not available

No reviewed brand or advertising fund fee

System scale & health

Disclosure

Engel & Völkers Residential Real Estate Brokerage

UMUpper Midwest Realty

Total outlets (Item 20)

Engel & Völkers Residential Real Estate Brokerage

223

Outlets at end of 2025

2025 FDD · Item 20 · PDF p. 71

Upper Midwest Realty

518

Outlets at end of 2024

2026 FDD · Item 20 · PDF p. 33

Net outlet change (Item 20)

Engel & Völkers Residential Real Estate Brokerage

−16

Calculated: 239 at end of 2023 → 223 at end of 2025

Upper Midwest Realty

−74

Calculated: 592 at end of 2022 → 518 at end of 2024

Outlet exits (Item 20)

Engel & Völkers Residential Real Estate Brokerage

Not available

No complete exit records for a year

Upper Midwest Realty

Not available

No complete exit records for a year

Franchising since (Item 1)

Engel & Völkers Residential Real Estate Brokerage

Not available

Not in reviewed records

Upper Midwest Realty

Not available

Not in reviewed records

Franchisor founded (Item 1)

Engel & Völkers Residential Real Estate Brokerage

Not available

Not in reviewed records

Upper Midwest Realty

Not available

Not in reviewed records

Financial performance (Item 19), by location group

Engel & Völkers Residential Real Estate Brokerage

Not disclosed — no Item 19 financial performance representation

UMUpper Midwest Realty

Not disclosed — no Item 19 financial performance representation

Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

Engel & Völkers Residential Real Estate Brokerage vs Upper Midwest Realty: common questions

Which costs less to open, Engel & Völkers Residential Real Estate Brokerage or Upper Midwest Realty?: Engel & Völkers Residential Real Estate Brokerage: $108,690 – $471,592 (2025 FDD · Item 7); Upper Midwest Realty: $60,800 – $209,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Upper Midwest Realty. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
Which has more locations, Engel & Völkers Residential Real Estate Brokerage or Upper Midwest Realty?: Engel & Völkers Residential Real Estate Brokerage: 223 (2025 FDD · Item 20 · PDF p. 71); Upper Midwest Realty: 518 (2026 FDD · Item 20 · PDF p. 33). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
Do Engel & Völkers Residential Real Estate Brokerage and Upper Midwest Realty disclose financial performance (Item 19)?: Engel & Völkers Residential Real Estate Brokerage makes no Item 19 financial performance representation; Upper Midwest Realty makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

Answers restate the reviewed figures above. Not a ranking or recommendation.

How Franopolis reviews FDD figures