A Brand Built for Longevity: How Engel & Völkers Continues to Outpace the Market

In an ever-evolving real estate landscape, Engel & Völkers continues to distinguish itself as a brand defined by excellence, expertise, and endurance. Despite industry headwinds and shifting market dynamics, 2024 proved to be a year of measurable growth for the network and for the advisors who make up its foundation.

Advisors Who Excel and Continue to Rise

At Engel & Völkers, success is personal. The brand’s ability to attract, develop, and retain a high caliber of real estate professionals has been a driving force behind its continued growth. Over the past year, per-person productivity increased by 6.05%, signaling not just resilience but real momentum. Advisors within the Engel & Völkers network are performing at an exceptional level and continuing to evolve within a brand that empowers them to lead in their markets.

Outpacing the Industry at Every Level

When measured against broader market trends, Engel & Völkers continues to outperform. The network outpaced the market by more than 6% in 2024, a testament to its strategic positioning and unwavering commitment to client service.

In a year when many real estate brands faced contraction, Engel & Völkers saw sustained, above-market growth.

• Sales volume grew at 2.5x the U.S. rate (NAR 2024)
• Sales volume grew at 2.3x the Canadian rate (CREA 2024)
• Sales volume growth outperformed Sotheby’s by 40% in the U.S. (HousingWire 2024)

This level of performance underscores a truth that defines the Engel & Völkers brand: strength in results, even amid uncertainty.

A Brand That Owns the High End

Luxury isn’t defined by price; it’s defined by service, expertise, and trust. Engel & Völkers’ brand positioning and advisor experience allow it to serve the high end of any market with authenticity and precision.

In 2024, the average Engel & Völkers sale in the U.S. was 53% higher than the national average, while in Canada, the network’s average sale price was 29% higher than the national benchmark. Nearly one-third of all Engel & Völkers advisors were involved in transactions exceeding $1 million, further solidifying the brand’s leadership in the premium segment.

Connected by Collaboration

Behind the numbers lies something even more powerful: community. The Engel & Völkers network thrives on collaboration, with advisors across the Americas working together to create new opportunities for their clients and their businesses.

In 2024 alone, nearly 450 in-network referrals closed, averaging more than one successful connection per day. Together, those referrals generated $350 million in sales volume, with the average referral transaction totaling $845,677 USD, a figure 13.2% higher than the overall average sales price.

This collaborative strength is what continues to set Engel & Völkers apart. A global network with a local heartbeat, where every connection creates new possibility.

A Future Defined by Excellence

Engel & Völkers’ success story in 2024 is more than a reflection of strong numbers; it’s a reflection of a brand built for the long term. Through innovation, collaboration, and an unwavering standard of service, Engel & Völkers continues to redefine what it means to lead in today’s real estate landscape.

From exceptional advisors to extraordinary outcomes, the brand’s trajectory speaks for itself. Engel & Völkers isn’t just keeping pace with the market, it’s setting the standard.