Engel & Völkers Americas Experiences Notable Growth in First Half of 2020

May 28, 2020

Amidst a challenging market and despite COVID-19, the global real estate brand reports business milestones, record-breaking sales and expansion in both existing and new markets in the Americas

Engel & Völkers Americas is pleased to report significant growth in Q1 2020 and anticipates a strong second half of the year. Amidst a challenging business climate and despite COVID-19, Engel & Völkers Americas has entered six new markets and grown by 15 shop locations. Additionally, Engel & Völkers launched its first yachting shop in the Americas, a new business unit, which opened in January.

“The first half of 2020 has been challenging in many regards,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “However I am proud that, despite the circumstances, our network of real estate professionals across the Americas have been able to serve as pillars of stability within their communities. We’ve adapted the ways in which we transact real estate to ensure health and safety, and at the same time remaining committed to our clients, our communities, and helping home buyers and sellers achieve their goals with the utmost level of care and personal attention. While there is no question business has shifted, it hasn’t stopped, and we’re still here with an acute focus on client service and keeping abreast of the latest changes within our industry and specific markets. I look forward to seeing what the second half of the year brings.”

Since January 2020, Engel & Völkers Americas has opened shop locations in six new markets: Tulsa, OK; St. Louis, MO; Highlands-Cashiers, NC; Bend, OR; Federal Way, WA; and, Casco Bay, ME. Other highlights include a record-breaking $15 million deal brokered and closed virtually by Lisa Robinson of Engel & Völkers Atlanta during the statewide stay at home orders, as well as a virtual Google Hangouts real estate launch event hosted by André Parisien of Engel & Völkers Tremblant, during which 21 condos were sold in one day, garnering $12.7 million in sales and 70% of the inventory in the exclusive Domaine du Géant project in Tremblant, Canada.

The brand has also received industry recognition in the form of several awards. Engel & Völkers Americas was named the Platinum Award Winner for Best Integrated Marketing Campaign by the Hermes Creative Awards, the Platinum Award Winner for Best Integrated Marketing Campaign by the Ava Digital Awards, and a finalist in the 2020 North American Sabre Awards in the category of Best Real Estate Campaign, recognizing superior achievement in branding, public relations, and engagement.

Engel & Völkers Americas reports that the company has retained the entirety of its Americas headquarters staff that supports its franchise network of 4,000 real estate professionals throughout more than 200 shops.

“In times of crisis, we look to our people first — not to phase out, but to empower,” said Hitt. “No one at Engel & Völkers is seen as just a number; not our staff, nor our affiliates. We have done everything in our power to adapt our business to ensure that the Engel & Völkers Americas team remains safe, healthy, and fully intact to support our network when they need it most and to continue driving the long term growth of their business and this company. We will do our best to uphold this commitment.”

Engel & Völkers operates a global network of over 12,000 real estate professionals in more than 30 countries. For more information, visit www.evrealestate.com.

 

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