Engel & Völkers Florida Reports Successful First Quarter in 2021

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Engel & Völkers Florida sees increase in transactions, sales volume, advisor recruitment and franchise sales in the first quarter of 2021

Engel & Völkers Florida Q1 2021 Report

Engel & Völkers Florida Reports Successful First Quarter in 2021

In less than two decades, we have become a formidable competitor in the premium segment of the real estate industry.

Engel & Völkers Florida today announced its first quarter of 2021 report. The company has seen significant year-over-year increases, a steady stream of transactions at all price points, increased its sales volume, grown advisor count through talent attraction, and is continuing with major franchise expansion.

“What is required to rapidly grow an agent's real estate business has dramatically changed over the past year,” said Peter Giese, Chief Growth Officer at Engel & Völkers Florida. “We’re seeing a zealous movement of top agents and teams leaving their current brokerage to join Engel & Völkers, demonstrating the power of our collaborative global network and marketing platform that gives them access to a new set of luxury clientele. We project this level of growth to continue, as we have doubled our sales volume in the past 12 months to now exceed $3-billion annually in the state of Florida.”

In the first quarter of 2021, Engel & Völkers Florida reported 1,424 transactions across its 37 shops; a 68-percent increase from deals seen in quarter one of 2020. The sales totaled a volume of $742,868,687; an 112-percent year-over-year increase.

A 93-percent increase in advisor growth was observed, with 111 professionals changing their brokerage affiliation to join Engel & Völkers shops throughout the state of Florida. Engel & Völkers Florida now accounts for 5-percent of the company's global network of 13,733 advisors.

Engel & Völkers Florida expanded their reach to include five new shops in premium first and second home markets throughout the state. The new shops will be located in Hollywood Beach, Neptune Beach, Orlando, Sarasota and Venice Downtown. Engel & Völkers Neptune Beach was a result of License Partner, Corey Hasting expanding his regional territory in northeast Florida. Engel & Völkers Orlando was secured by Ahmed Elbatrawy, a former top producing agent with Coldwell Banker; together with Managing Broker, Eric Bolves, they will soon open their doors at 2049 W Central Blvd. in Orlando. Details about Engel & Völkers Hollywood, Engel & Völkers Sarasota and Engel & Völkers Venice will be forthcoming.

“I’m proud of what we have accomplished at Engel & Völkers Florida over the past 17 years,” Timo Khammash, Managing Partner of Engel & Völkers Florida. “In less than two decades, we have become a formidable competitor in the premium segment of the real estate industry. We have ambitious goals that require a two fold strategy: supporting our existing franchises to capture additional market share to penetrate the communities we’re already serving, and expanding our footprint into new markets with competent professionals throughout the state of Florida.”

Engel & Völkers Florida is continuing its franchise expansion efforts in premium first and second home markets throughout Florida including Bay County, Charlotte County, Escambia County, Flagler County, Hernando County, Marion County, St. Lucie County, Sumter County and Volusia County. The Master License Partner is also working closely with its existing brokerage shops to gain additional market share in areas such as Broward County, Hillsborough County, Miami-Dade County, Monroe County and Pinellas County.

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Press contact:

Linzee Werkmeister, Junior Vice President, Marketing & Franchise Support
Email: Linzee.Werkmeister(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 for today's savvy homeowner. Engel & Völkers currently operates approximately 225 shop locations with 4,500 real estate advisors in the Americas, contributing to the brand's global network of over 13,500 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate, yachting and aviation. 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 franchise model positions its license partners at the top of the premium market to gain market share and support their bottom line. The company represents franchise locations in: 30A Beaches, Amelia Island, Belleair, Boca Raton, Bonita Springs-Estero, Cape Coral, Clermont, Delray Beach, Destin, Fort Lauderdale, Fort Myers Downtown, Gainesville, Hollywood Beach, Islamorada, Jacksonville, Jacksonville Beach, Jupiter, Madeira Beach, Marco Island, Melbourne Beachside, Melbourne Central, Melbourne Downtown, Miami Coconut Grove, Neptune Beach, Olde Naples, Orlando, Orlando Downtown, Orlando-Winter Park, Palm Beach, Palm Coast, Sarasota, South Tampa, St. Augustine, St. Pete, St. Pete Beach, Stuart, Venice Downtown, Wellington, and Windermere.

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

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