So, Vat is Engel & Völkers Anyvay?

The Journey of Engel & Völkers: From Hamburg to Global Luxury Real Estate Dominance

Founded in Hamburg, Germany, in 1977 by Christian Völkers and Dirk Engel, Engel & Völkers began as a boutique real estate firm specializing in high-end residential properties. Setting itself apart with a high level of professionalism and a clear commitment to premium real estate the firm quickly gained a reputation in the luxury property market. In just a few years, Engel & Völkers transformed into a brand synonymous with luxury, exclusivity, and global standards.

Early Growth and the Birth of the Franchise Model

During the 1980s, following the departure of Dirk Engel, Christian Völkers took full ownership of the company and began expanding beyond Germany. Recognizing the potential to scale, he developed a franchise model that allowed local entrepreneurs to own and operate Engel & Völkers offices. This move not only facilitated rapid expansion across Europe but also established a consistent brand image across markets. Today, Engel & Völkers represents an impressive 60% of the European real estate market for luxury properties, positioning itself as one of the continent’s leading real estate firms.

Expansion into the U.S. Market

Engel & Völkers entered the United States in 2007, opening its North American headquarters in New York City.  The company strategically expanded into high-demand markets, such as Miami, Los Angeles, and New York City, as well as affluent cities in Texas. Now, Engel & Völkers boasts a network of franchise offices in over 30 states, each committed to delivering the same elite service that defines the brand. Competing with long-standing American real estate firms, Engel & Völkers has carved a unique niche in the U.S. luxury real estate market, attracting affluent clients and prestigious properties alike.

A Legacy of Innovation and Global Reach

From its inception, Engel & Völkers has embraced technology, employing digital tools to streamline property transactions, management, and marketing. This tech-forward approach has allowed the company to stay ahead in an evolving market while staying true to the traditional values of luxury and exclusivity. Today, Engel & Völkers operates in over 30 countries worldwide, with thousands of agents and a global network of offices.

With its deep roots in Europe and a growing presence in North America, Engel & Völkers continues to evolve as a top luxury real estate brand. By marrying the traditional values of premium real estate with modern global reach, Engel & Völkers has become the premier choice for clients seeking exceptional service and exclusive properties.