The shop based in Penticton, British Columbia, will be led by Lyndi Cruickshank as managing broker and license partner and will help bolster the brand's growing presence in Canada
The move comes as Boise and other parts of Idaho have transformed into hot spots in the wake of the pandemic for individuals seeking an escape to more affordable, spacious metro areas with access to the outdoors
The luxury housing market had a strong year in 2021, filled with big acquisitions, eye-popping deals and exciting new trends
Anthony Hitt, CEO of Engel & Völkers Americas, explains why investing in listings, evoking a culture of leadership and building reserves are crucial when planning for the new year
The brokerage's license partner of Engel & Völkers Charlotte, Yuriy Vaynshteyn, will help lead the new office, alongside Nikita Zhitov and Vincenzo Verdino, founders of CityPlat Commercial Real Estate, a Raleigh-area firm
Affluent millennials and Gen Xers looking to buy second and third homes in distant markets are an opportunity for global luxury brokerages
The new offices will build on the brand's existing presence in those states, in Nashville and Jackson Hole
In 2020, nearly half of homesellers were baby boomers or part of the silent generation, but through the next year, a whopping 80% of luxury sellers will be millennials and Gen Xers
Financial details of the transaction were not disclosed, but the Völkers family, as well as CEO Sven Odia and CFO Thilo von Trotha, will maintain nearly 40% of the company's shares
Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market Report
The global brokerage posted $32B in transaction volume last year, with the Americas market increasing production by 38.4%
Jim Becker will lead the new office located in Malvern on the Main Line, the company announced Thursday
MaX uses a proprietary algorithm and millions of data points to build custom campaigns, and to help agents know where to focus their efforts
Travel restrictions, uncertainty and the US handling of the pandemic are taking a toll, but outdoorsy vacation spots are still hot among international buyers
Engel & Völkers Americas CEO Anthony Hitt on how buyer priorities have shifted, why inventory is tight and what luxury looks like in this new normal