Referral networks key to serving affluent clients in faraway markets
Affluent millennials and Gen Xers looking to buy second and third homes in distant markets are an opportunity for global luxury brokerages
by Matt Carter Oct 25
Engel & Völkers opens new shops in Tennessee and Wyoming
The new offices will build on the brand's existing presence in those states, in Nashville and Jackson Hole
The next class of luxury homesellers is younger than you might think
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
by Lillian Dickerson Sep 23
Engel & Völkers majority stake acquired by global private equity firm Permira
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
Canadian luxury market beginning to normalize: Engel & Völkers
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
by Lillian Dickerson Jul 23
Engel & Völkers Americas had its best year ever in 2020
The global brokerage posted $32B in transaction volume last year, with the Americas market increasing production by 38.4%
Engel & Völkers expands into Pennsylvania
Jim Becker will lead the new office located in Malvern on the Main Line, the company announced Thursday
Engel & Völkers debuts marketing tech platform
MaX uses a proprietary algorithm and millions of data points to build custom campaigns, and to help agents know where to focus their efforts
by Jim Dalrymple II Dec 11
Foreign buyer activity is down, but not in 'Zoom cities'
Travel restrictions, uncertainty and the US handling of the pandemic are taking a toll, but outdoorsy vacation spots are still hot among international buyers
by Andrea V. Brambila Oct 30
How the pandemic is redefining what luxury means
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
by Andrea V. Brambila Oct 23
New LGBT group partners with Engel & Völkers, National Fair Housing Alliance
Launched this month, the LGBTQ+ Real Estate Alliance will work to fight housing discrimination based on sexual orientation and gender identity
by Andrea V. Brambila Oct 16
Agents' mental health must take priority as pandemic drags on
As the pandemic shows no signs of abating and the fight for racial justice continues, real estate CEOs say leaders must pay attention to the health and well-being of their agents
'The organization has imploded': The story behind NAGLREP's mass resignations
Members of the National Association of Gay and Lesbian Real Estate Professionals began resigning en masse Wednesday following weeks of what many said was unacceptable behavior on the part of founder and President Jeff Berger
by Jim Dalrymple II Jun 11
Controversy roils NAGLREP over governance, alleged censorship
Critics say NAGLREP founder Jeff Berger appears to be misrepresenting how his group is governed and expelling members who ask questions. Berger says he's being bullied
by Jim Dalrymple II Jun 8
Engel & Völkers announces partnership with Matterport
The global luxury real estate brand will integrate Matterport technology into its already existing Integrated Product Suite for all U.S. agents
by Lillian Dickerson Apr 20