Referal 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. Continue reading

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. Continue reading

The next class of luxury homesellers is younger than you might think

In 2020, nearly half of homesellers were classified as baby boomers or the silent generation, but through the next year, a whopping 80 percent of luxury sellers will be millennials and Gen Xers. Continue reading

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 percent of the company’s shares. Continue reading

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 … Continue reading

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. Continue reading

Want to accelerate your business recovery? Specialize now

When the market rebounds — and it will — owning a niche or specialization will be essential in helping agents revive their businesses all the more quickly. Agents should be preparing for that bounce back today. Continue reading