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.
