Engel & Völkers expands their presence in Southwest Florida with franchisee Victoria Stultz opening her second shop in Sarasota County
SARASOTA, Fla., May 16, 2023 /PRNewswire-PRWeb/ -- Engel & Völkers Florida today announced its latest franchise expansion in Southwest Florida with the opening of a new shop in Sarasota. Engel & Völkers Sarasota is owned and operated by Victoria Stultz, who is already the License Partner of Engel & Völkers Venice Downtown, which opened in 2021. The newest addition will be temporarily located at 22 South Links Ave Suite 201 while they search for a permanent office location.
"I am thrilled to expand my partnership with Engel & Völkers by opening our new Sarasota shop," said Stultz. "My experience opening up my first E&V brokerage has been amazing. I've been very impressed with the support I've received from Engel & Völkers corporate and the other shops. Sarasota is the larger market, and it made sense to acquire all of Sarasota County which includes Venice."
Engel & Völkers Venice Downtown, located in Historic Downtown Venice, Florida, has seen impressive success since opening in 2021. The brokerage has grown to 23 full-time advisors, producing approximately $87-million in sales volume on an annual basis. The average sales price for the team is $590,581, reflecting their expertise in the luxury real estate market. The success of Engel & Völkers Venice Downtown, with its impressive production numbers and ability to attract top talent from competitors, bodes well for the future of the newly opened Engel & Völkers Sarasota shop. Engel & Völkers Sarasota aims to become a regional player on the West Coast and has already received several referrals from Engel & Völkers counterparts in key feeder markets such as Minneapolis, Chicago, New York, Indianapolis, Massachusetts, Nashville, and Montana.
"Victoria has been a model affiliate following our blueprint on how to launch the Engel & Völkers brand in a new market," said Peter Giese, CEO, Engel & Völkers Florida. "This expansion has been part of the plan from the beginning and we are thrilled to support this shop opening up and others to follow in the greater Sarasota area and allowing area agents and their clients to experience the difference that is Engel & Völkers."
Stultz has set ambitious goals for the new shop, with plans to recruit 50 talented, top-producing advisors in the first year and establish a permanent space downtown on Main Street. Victoria's long-term plan for Engel & Völkers extends beyond the downtown area. In addition to establishing a permanent space on Main Street, she also aims to expand her presence in other key markets, such as Lakewood Ranch and Siesta Key. By strategically expanding the shop's reach and building a strong team of top-producing advisors, Stultz hopes to achieve her goal of over $1 billion in sales and become one of the top three luxury real estate brokerages in the Sarasota County area.
Victoria Stultz is an experienced licensed real estate broker with over two decades of experience working with top luxury real estate brokerages. She specializes in waterfront homes, golf communities, and corporate relocation and has facilitated over 350 real estate transactions worth over $135 million. She is also actively involved in several nonprofit organizations and boards. Recently acquainted with the brand, Jeff Sider has been made the Vice President of Growth & Operations for Engel & Völkers' new Sarasota shop. With over 18 years of experience, Jeff has a successful track record in top leadership roles in multiple states and is committed to developing each agent personally and establishing their goals. He has a unique approach that influences the team's success and is poised to help the Sarasota shop achieve its long-term goals as one of the top luxury real estate brokerages in the area.
In 2023, the real estate market in Sarasota is expected to remain competitive with demand outpacing supply. The area has been experiencing steady growth due to its warm climate, beautiful beaches, and cultural attractions. Many buyers are drawn to the region's luxury properties, with prices averaging in the millions. The opening of Engel & Völkers' new shop in Sarasota is sure to further enhance the competition and provide new opportunities for homebuyers and sellers
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Press contact:
Kaitlin Weigelt, Marketing and Brand Manager
Email: Kaitlin.Weigelt(at)evrealestate.com
Tel: (239) 348-9000
About Engel & Völkers:
Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process. Engel & Völkers currently operates approximately 300 shop locations with over 6,500 real estate advisors in the Americas, contributing to the brand's global network of over 16,600 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs, and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated. For more information, visit http://www.evrealestate.com.
About Engel & Völkers Florida:
Engel & Völkers Florida is the Master License Partner of the global luxury real estate brand Engel & Völkers in the state of Florida. Recognized for uniquely recruiting, training, and equipping some of the top professionals in the real estate industry, Engel & Völkers Florida's exclusive business model positions its franchisees at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in 47 markets: 30A Beaches, Amelia Island, Belleair, Boca Raton, Bonita-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Central, Fort Myers Downtown, Gainesville, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami, Miami Coconut Grove, Neptune Beach, New Smyrna Beach, Ocala, Olde Naples, Orlando Dr. Philips, Palm Coast, Pompano Beach, Ponte Vedra Beach, Punta Gorda, San Marco, Sarasota, South Beach, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Tallahassee, Tampa Downtown, Venice Downtown, Vero Beach, and Wellington.
Engel & Völkers Florida is continuing to strategically strengthen and expand its presence in premium real estate markets across the state of Florida. If you would like to know more about the Engel & Völkers brand or how to join its global network—which is known for demonstrating competence, exclusivity, and passion, feel free to call our corporate office, located at 633 Tamiami Trl N, Suite 201, Naples, FL 34102 USA. Tel: +1 239-348-9000. For more information about Engel & Völkers Florida, please visit http://www.florida.evrealestate.com
Media Contact
Kaitlin Weigelt, Engel & Völkers Florida, 1 2393489000, [email protected]
SOURCE Engel & Völkers Florida
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