At Engel & Völkers we reflect on the many reasons we have to be thankful. Beyond the breathtaking properties and living spaces that we have the opportunity to experience every day, we recognize that the true heart of any home lies in its kitchen. It’s the place where families gather, memories are made, and the love language of cooking thrives. This Thanksgiving, we want to express our gratitude for the heart of the home and share the joy of the season with you.At the Heart of Every HomeA well-designed kitchen is not just a space for cooking. It’s where the warmth of good company meets hungry bellies, creating an atmosphere of comfort and joy.This Thanksgiving, we want to extend our thanks to everyone who has been a part of the Engel & Völkers family. Your trust and support have allowed us to continue providing exceptional living spaces that truly embody the heart of the home.Recipes for Thanksgiving DelightTo share our appreciation, our network has curated a collection of recipes that capture the essence of the holiday season. From an exquisite appetizer to a delectable dessert, each dish is crafted to enhance the sense of togetherness at your Thanksgiving gathering.Appetizer: Roasted Acorn SquashKick off your luxurious Thanksgiving feast with the Roasted Acorn Squash by Engel & Völkers Newport Beach advisor, Elena Zimina, an ode to the bountiful flavors of fall. This golden delight is a standout addition to any fall dinner, as it acts as a simple, yet flavor-filled addition to your appetizer spread. Main Course: Chicken Paprikash & Nokedli For the main attraction, we will be diving into the culinary traditions of Hungary Becky Hardy’s Chicken Paprikash & Nokedli. Becky, an advisor at Engel & Völkers Amelia Island, attributes this special recipe to her childhood, bringing back memories of her mother and grandmother cooking for her large family. With each forkful, you’re savoring not just a meal but a tribute to generations past.Side Dish: PaPa’s Southern Turkey DressingAdding a touch of southern charm and generations of culinary wisdom to our Thanksgiving table is  PaPa’s Southern Turkey Dressing, a cherished recipe from Engel & Völkers Fort Worth advisor Sheri Mosier. Imparting a taste of heritage and love, this recipe is a timeless centerpiece that embodies the essence of Thanksgiving for the Mosier family and beyond. Dessert: Vanilla Cream PieConcluding our Thanksgiving soirée with a little something sweet, indulge in a Vanilla Cream Pie. A family favorite of graphic designer Jessica Vandorn, this classic recipe is guaranteed to satisfy your sweet tooth. Crafted with a velvety smooth vanilla custard nestled in a delicious graham cracker crust, this recipe is a sweet touch to end a sweet night. As we gather around the table this Thanksgiving, let us remember the significance of the kitchen in not only our upbringings, but throughout our lives. Engel & Völkers is grateful to be a part of your journey, and we wish you and your loved ones a holiday season filled with warmth, joy, and the pleasures of exceptional living.From our home to yours, Happy Thanksgiving!The post Love Lives in Your Kitchen. Happy Thanksgiving. appeared first on Engel & Völkers.

Just like a painting, the architecture and design of a home carry along with it a unique presence specific to each architect and period in which it is built. For many, homes are pieces of art waiting to be discovered. Each residence tells a unique story, and the intricate detailing within plays a crucial role in bringing these narratives to life. Just as a carefully selected piece of jewelry complements and elevates an outfit, specific detailing in a home can add character and charm, transforming a living space into a work of art. Stained Glass Windows: A Kaleidoscope of Colors177 Main St., Amesbury, MA, Advisor Holly Mazur of Engel & Völkers Newburyport.Over the course of centuries, stained glass windows have been used to control lighting, add a beautiful touch to the artistry of buildings and even tell stories. Each piece is intricately crafted to fit together to create a masterful mosaic, ranging from floral motifs to intricate geometric patterns. These windows serve as a testament to the craftsmanship and artistry of a bygone era, dating back to Ancient Egyptian and Roman times.Stained glass windows not only infuse a space with natural light but also create an ambiance that is both sophisticated and enchanting. The play of colors adds warmth and character. In a luxury home, these windows become more than just architectural elements; they become timeless pieces of art, adding a touch of grandeur to the living experience.Fireplaces: Victorian Elegance with a Modern Twist351 West 30th St., New York, NY, Advisor Kevin Reardon of Engel & Völkers New York CityAs we enter the heart of a home, we encounter another exquisite detail that has stood the test of time—the fireplace.In the realm of luxury real estate, fireplaces are not just functional elements; they are statements of style and sophistication. From the sleek marble of a Georgian-style fireplace to the intricate detailing of a Victorian fireplace, the combination of classic design with modern conveniences creates a seamless blend of old-world charm and contemporary comfort. It becomes the soul of the home, a place where memories are made and stories are told.Landscape Detailing: Checkerboard Parquet Inspired ElegancePrivate Listing in Chicago, IL, License Partner Jennifer Ames of Engel & Völkers ChicagoStepping outside, we encounter a different kind of detailing—the landscape. Beyond manicured lawns and elegant gardens, luxury homes often boast unique landscaping details that elevate outdoor spaces. One such example is the checkerboard parquet-inspired landscaping. Just as a crafted parquet floor adds a touch of luxury to the interior, the checkerboard pattern in outdoor spaces adds an abstract feel, unique to other landscaping styles. Precision and symmetry create a visually appealing presence, offering a more fun and inviting environment. Just like a diamond ring or vintage pocket watch passed down from generation to generation, the original detailing of a home holds history and sentimental value. It adds depth, personality, and inspiration. These elements not only reflect the history and craftsmanship of previous time periods, but also contribute to the creation of a timeless living space—one that is as unique and irreplaceable as a rare gem. As we continue to explore the world of luxury real estate, let us celebrate the jewelry of the house and the stories they tell. The post The Jewelry of the House: The Charm of Unique Home Detailing appeared first on Engel & Völkers.

With fall officially in full force, it’s time to start searching for your warm getaway. If you’re dreaming of a luxurious retreat to embrace the changing scenery, look no further than Engel & Völkers’ exclusive collection of breathtaking escapes. Whether you’re seeking a cozy mountainside cabin, a sandy escape, or a countryside estate, we know the perfect destinations to warm up your fall. Cozy Mountainside EscapesPicture yourself sipping hot cocoa by the crackling fireplace. The calmness of the mountainside surrounds you, as the snow hugs the mountain peaks as the colder months arrive. Wrap yourself in the warmth of plush blankets as you embrace the tranquility and seclusion that your mountain-side escape has to offer. Our properties, whether you are looking for your dream Aspen relaxing getaway or a winter wonderland in McCall, ensure that every moment spent in these secluded havens is nothing short of pure bliss.Tranquil Beach EscapesLet’s face it – we don’t all love a chilly breeze or the flavor of pumpkin-spice. If your idea of the perfect fall getaway is escaping the season of change, our exclusive beach properties offer an endless summer escape. Imagine strolling along stretches of sand, basking in the gentle warmth of the sun – except it is fall. Whether you seek a luxurious beachfront villa or a private seaside cottage, our portfolio features a diverse range of coastal paradises that promise unparalleled relaxation. Leave behind colder days, and escape to the calming embrace of the sea this fall season.Picturesque Countryside EstatesFor those drawn to the natural beauty of the countryside, our handpicked collection of estates in rolling hills and verdant landscapes offer the perfect autumn retreat. Experience the beauty of fall foliage as you wander through sprawling gardens and orchards. Imagine yourself strolling through Napa Valley’s beautiful landscape at this secluded sanctuary in St. Helena. Our countryside estates, boasting elegant interiors and expansive outdoor spaces, provide the ideal setting for intimate gatherings, leisurely walks, and tranquil contemplation in the beauty of nature.At Engel & Völkers, we understand the essence of an unforgettable fall getaway. Whether you’re seeking the warmth of a mountain-side cabin, the tranquility of a beach escape, or the allure of a countryside estate, our properties promise an experience that transcends luxury. Embrace the changing colors of the season with a retreat that reflects your unique style and preferences. The post Places To Warm Up Your Fall appeared first on Engel & Völkers.

Global real estate company welcomes select advisors to exclusive group of professionals demonstrating exemplary service and productionEngel & Völkers announced its newest inductees into the global luxury real estate company’s Private Office network, after undergoing a rigorous nomination and vetting process for inclusion. These real estate professionals join the ranks of an exclusive group of approximately 300 Engel & Völkers advisors worldwide honored with the title. This recognition celebrates their remarkable business achievements and commitment to providing outstanding client service.Fall 2023 Private Office Inductees:Erik Clevering, Engel & Völkers Vancouver Island NorthDebby Doktorczyk, Engel & Völkers MontréalPatrice Groleau, Engel & Völkers MontréalDanni Moore, Engel & Völkers MissoulaAbel O’Brennan, Engel & Völkers Vancouver Island NorthEmily Schaffer, Engel & Völkers Mill ValleyMatt Smith, Engel & Völkers Parry SoundDarlene Young, Engel & Völkers Sun ValleyKristin Zuckerman, Engel & Völkers Kalispell“Engel & Völkers maintains its strong appeal to some of the most accomplished real estate professionals worldwide. Private Office advisors embody excellence at its finest, consistently surpassing even our highest of standards,” said Anthony Hitt, president & CEO, Engel & Völkers Americas. “The unmatched commitment of these advisors to crafting personalized customer experiences and their steadfast determination to remain market authorities sets them apart as true masters, offering an incomparable experience for their clients.”To qualify for Private Office, advisors within the Engel & Völkers network must be nominated by their broker and show consistency in significant year-over-year production numbers. To assess their market expertise and notable service quality as real estate professionals, clients are also asked to comment on their service experience. Lastly, nominees are submitted to a selection committee in the Americas that decides which candidates meet all requirements for final submission. As Private Office advisors, these individuals gain access to designation-specific marketing assets and exclusive opportunities catering to the brand’s global ultra-high net worth clients. They are also preferred contacts in their market for global referrals.These advisors were formally inducted at Engel & Völkers’ invitation-only Private Office event held at the Kimpton Aysla Mallorca Hotel in Santa Ponsa Balearic Islands, Spain on October 26, 2023. The post Engel & Völkers Announces Fall 2023 Private Office Inductees appeared first on Engel & Völkers.

The Engel & Völkers Development Services platform supports the distinct needs of builders, developers and investor-partners around the world. This dedicated division is staffed by teams of local experts on five continents who collectively represent over 400 projects from townhome communities to mixed use high-rise buildings.Whether it is through strategic advice, sharing lessons learned from previous new development projects or referrals between feeder markets, our designated shops and advisors benefit from a strong collaborative network of local experts and new development peers across the globe. In this interview, we want to highlight market insights from one of the most active members of our new development team, Dennis Maruhn, Managing Director of the Berlin, Germany shop. E&V Development Services: What is your current role at E&V and how did you come to find yourself in the role you’re in today?Dennis: The first part of the question is relatively easy to answer. With my business partner Hendrik Treff, I have led our fantastic Development Services team here in Berlin for five years. My focus so far has been more on sales processes. Supporting the sales team, reporting, numbers and targets, etc., was my area of expertise. However, in the last few months, I’ve also been on the acquisition side every now and then and am slowly learning to appreciate that part of our work, too.My professional path to where I am today began in 2009 when I graduated in business administration and started as an absolute newcomer in the real estate industry in Berlin. For the first years, I worked for a small company that wanted to invest capital in Berlin. I managed purchases of residential and commercial properties (this is where I had my first contact with our common brand, as we bought the first two properties through E&V), refurbishing and modernizing them until we finally sold them. Sometimes as a global deal, sometimes divided into condos. After four years, I decided to move to a company that took care of sales of apartments. Here, I quickly took over the management of the sales team and built up a key account team, which was responsible for reporting to the developer during the sales process, and special request management. The company was taken over by JLL at that time, so I was able to get a taste of corporate air for a good two years. In my other jobs, I was always able to make many decisions myself, but when E&V offered me the position of Managing Director of Development Services almost five years ago, I couldn’t say no. To this day, I have not regretted my decision and look forward to hopefully many more years with Engel & Völkers.E&V Development Services: You’ve had quite a storied career in new development real estate projects; what are your thoughts on the new development market today? What changes have you seen, and what are some of the most interesting trends you’re seeing in terms of financing, buyer preferences, sustainability, international interest in Berlin, etc.?Dennis: In all my time, I have never experienced a market like the one we currently have. Due to the war in Ukraine, the increase in inflation, and the resulting adjustment of interest rates, the turnover figures in Germany in the new construction segment have collapsed by around 70%. In the resale, we have already seen falling prices to compensate for the higher interest rates. In new construction, where developers are dealing with sharply escalated construction costs due to the points mentioned, we see little flexibility in terms of prices.  It can be negotiated, but the price reductions are not as high as in the sales of existing units.As a result, many customers can no longer afford apartments, and we are currently only seeing purchases in areas where it is a matter of “wanting to have” rather than “having to have”. Equity has become very important for financing.The three important criteria of location, location, location are now joined by the quality offered, the willingness to satisfy the special wishes of the buyer, but also, from an ESG point of view, the energy value of a house. Many projects currently on sale date back to times when ESG was not yet such an important issue. Modern gas heating systems were installed, which are not the first choice of buyers today.In the medium to long term, the issues will all be regulated again. Berlin, in particular, is the city with the largest influx of people in Germany. In addition, an unprecedented housing shortage will cause rents to rise again to extreme levels. Thus, the market slowly approaches yield-technically the current financing costs of approximately 5.5%.E&V Development Services: Some topics that we are most interested in as a company are related to sustainable real estate developments and their considerations for energy efficiency, water conservation, environmentalism, etc. Germany and Berlin, in particular, have some of the most progressive practices when it comes to this subject area. Can you tell us what you’ve seen in terms of best practices for developers?Dennis: This is a topic that I follow with great interest. Ultimately, the goal of sustainability in the real estate industry should be to create an almost self-sufficient house. There are various exciting fields that we can see in houses currently in the planning stage.One big field is electricity for heating systems. For example, solar collectors can be installed on the roof to generate this to run modern air source heat pumps. The energy generated by sunlight is stored and accessible even when the sun is not shining. The next is the use of water. All water used for rinsing, showering, and brushing teeth is filtered to be used again. In addition, rainwater is collected in special systems and for garden irrigation, reducing water waste.Geothermal energy is playing an increasingly important role, especially in more rural areas. With the use of special drilling procedures, the energy of the earth core is used around several households.In addition to the topic of self-sufficiency, tCO2 binding in building materials is a large field in which a lot of research and development is taking place. In this context, we were on a site visit a few weeks ago, where we were shown a house that is being built using wood hybrid construction.This is a small insight, but it is clear to all of us that there will have to be even more far-reaching developments in this area in the coming years and that we can only make a difference by thinking globally.E&V Development Services: What do you think international buyers would want to know, and what advice would you give buyers new to the Berlin Market? And what makes Berlin a great place to live (from local to international buyers)?Dennis: International investors are not significantly different from domestic investors. In the end, most of them want to invest their assets safely. This is still, or perhaps especially due to the price negotiations being more exciting than it has been in recent years. Many international buyers ask whether it is possible to resell the properties quickly when the prices have changed positively. It has to be said quite clearly that this is possible, but there is no flipping market in Germany as there is in Dubai, for example. Prices have developed rather leisurely in recent years, and you benefit more if you have held the property for 10 years. From then on you don’t have to pay taxes on sales profits.However, many international buyers buy small apartments for their children who want to study in Germany. Education costs are very favorable in international comparison, while education is still highly regarded.For both groups of buyers and, of course, those who want to afford a second residence in Berlin, I would recommend seeking advice about the real estate market from a reputable brokerage house such as ours and to engage a lawyer to handle the purchase process on behalf of the buyers.What makes Berlin so worth living in? As a “non-Berliner,” I can only say I have seen few cities as diverse as Berlin. We don’t have tall buildings like NYC, but we do have a park in every district that is so diverse it’s worth a visit. I love going out to eat all over the world and that in one city. What makes Berlin unique are things like the summers when the sidewalks are annexed by the bars and restaurants, the green spaces on the Spree River, the Zoo, the Kudamm, Alexanderplatz with its TV tower, the many sporting events, and, of course, all the concerts, musicals, and long parties in the clubs. It is a vibrant metropolis with mostly very fun-loving people who make it bearable to live here even in the gray, cold winter time!E&V Development Services: You visited our NYC headquarters this past month. Did you have any impressions or takeaways of the new development market from your visit?Dennis: It was a great pleasure to see my colleagues in moments like these that you learn about the potential of this Engel & Völkers network. What inspired me was how my colleagues in NYC are dealing with the current situation. We are all in a crisis right now, driven by inflation and interest rates that have risen too fast. And what does Stuart Siegel say? “We have to make the best of it.” “Every crisis brings opportunities.” In Germany, these are often just empty phrases. Stuart said these words with such positive seriousness that I immediately felt caught up. It is an attitude to life, and exactly this attitude, “everything will be positive!” is what I am currently trying to implement in my daily actions. You have to think positively for positive things to happen!E&V Development Services: What project are you working on and what are the attributes of the projects you’re working on that make the product so appealing? Dennis: I really can’t commit to just one project here. We currently have three to four outstanding projects with an international appeal that may be of interest due to deals pushed by developers.MONOS & PHOENIX. Both are located in the enchanting center of Berlin-Charlottenburg and were developed by the renowned real estate PRIMUS Immobilien. All units are close to completion. MONOS is a stunning new luxury building – PHOENIX has been thoroughly refurbished to the highest possible standards and even offers underground parking.GRANDAIRE. The so-called “Masterpieces” are six spacious penthouses on the top floors 19 and 20 of this Berlin-Mitte high tower. From their floor to ceiling windows and balconies, spectacular views over the entire Mitte district are given – including e.g. the TV Tower and Brandenburger Tor.AM TACHELES. After approximately 4.5 years of construction, the first apartments in this new urban quarter with five unique residential buildings are now ready to move in. Ideally situated in the heart of Berlin-Mitte they are characterized by renowned architects, like Herzog & De Meuron or Grüntuch Ernst. Each flat comes with communal amenities like a health club, gym, pool & spa as well as an owners club membership, concierge service and underground parking spaces. In all four projects, we still have a few remaining gems on offer.E&V Development Services: Any closing thoughts are advice for buyers/advisors?Dennis: The current real estate market has been shaken up in recent weeks and months, especially in the area of new construction projects. Anyone who can afford to buy an apartment and listens to guidance from a reputable broker will not make a mistake if they act now, especially in a city like Berlin. Rarely have you had so much time to examine an offer and successfully adjust the purchase price downward in price negotiations. In any case, however, you should contact an informed broker who can explain the market to you transparently and help you with financing, leasing, legal advice, etc. through his/ her fantastic network. If you are thinking of investing in Berlin, please contact my colleagues in the US who will get back to me and my team as soon as possible. We look forward to global networking and global deals!The post Development Services: A Look Inside with Dennis Maruhn appeared first on Engel & Völkers.

From the United States to Mexico, to Germany and beyond – in many parts of the world Halloween is one of the most beloved holidays for both children and adults alike. Besides dressing up and trick-or-treating, Halloween celebrations are all about decorating our homes for creepy and spooky effects. However, this dark aesthetic is no longer just a temporary look on October 31st. This is, in part, due to viral trends like “Dark Academia” and popular TV characters like Wednesday Addams and the Gilmore Girls. Black wall colors, rustic architectural styles, and interior elements with an autumnal and atmospheric feel, such as large fireplaces and dark wood paneling, now enjoy popularity year-round. Engel & Völkers presents four exclusive properties around the world that are ideal for spending the colder months of the year in cozy luxury, and are sure to leave a lasting impression on your next “trick-or-treat” visitors.Once upon a time … in a black house in the forests of CanadaThis exclusive designer property, set in the heart of woodland in the Canadian province of Quebec, boasts a pitch-black façade. The 16,000 square-foot home has four bedrooms, as well as its own private boat dock. It is not just eye-catching from the outside either. Inside, the ceiling is more reminiscent of a cathedral roof, while the large fireplace and various wooden furnishings create an ideal ambiance for relaxing autumn evenings or atmospheric Halloween parties with family and friends. This distinctive and distinguished home is currently listed for sale with Engel & Völkers for approximately 2.1 million dollars.(Image source: Engel & Völkers Tremblant)Friendly ghosts only: The mysterious castle on the Baltic coastLibnitz Castle on the island of Rügen was built in 1912 by the Freemason Fritz Alfred Meyer and is one of the most historically important jewels on Germany’s Baltic coast. Its turn-of-the-century elegance is an impressive sight to behold: The 13,896 square-foot interior comprises 25 rooms, including a magnificent vestibule, a ballroom and a tower room. Many of the original period features have been preserved, like the painted beamed ceiling in the stairwell. The grounds span almost two hectares with castle gardens and a Neoclassical mausoleum belonging to the estate complete with a Masonic symbol, bearing witness to the castle’s rich heritage. This is a fascinating estate just waiting for the next chapter in its story to be written this autumn. Libnitz Castle is up for sale with Engel & Völkers for 3.3 million dollars.(Image source: Engel & Völkers Rügen)Fairytale living: Magnificent thatched property in BelgiumThis residence in the Belgian municipality of Brasschaat looks like something straight out of a Grimm’s fairy tale: A beautifully thatched roof sits atop this unique, 3,294 square-foot house, complete with a black brick façade and black-framed mullion windows. Inside, the living spaces are just as impressive: The dark and light elements that form the interior design underline the original period character of the property. Whether sat in front of the fireplace in the living room or relaxing in the whirlpool on the terrace: Little Red Riding Hood would have had no qualms hiding here from the big bad wolf. This home is on the market with Engel & Völkers for approximately 1.4 million dollars. (Image source: Engel & Völkers Brasschaat)Perfect for XXL Halloween adventures: Luxurious ranch in UtahThis exclusive ranch in Park City, in the US state of Utah, has everything one could possibly need to throw a Halloween party on a grand scale – with a (party) barn and stables building with some 3,164 square-foot of space for holding large gatherings in very atmospheric surroundings. The invited guests can be accommodated in the total of eight bedrooms, and there are spacious living rooms in both the main house and guesthouse, designed in a log cabin style. Autumn is not the only time of year when adventures here come into a class of their own. In winter too, private ski lift access guarantees exclusive fun on the slopes. And come summer, there are cycle paths and hiking trails right on the doorstep. This unique ranch is on sale with Engel & Völkers for approximately 26.5 million dollars. (Image source: Engel & Völkers Park City)Accompanying image material is available for download via this link. Please be sure to include the copyright notice when using any of the images.The post Trick or Treat: Four Properties Guaranteed to Inspire This Halloween appeared first on Engel & Völkers.

The luxury real estate brand sees more growth in Huron County, OntarioGlobal luxury real estate brand Engel & Völkers continues its expansion with a new shop in Bluewater, Ontario. Located on Main Street in the historic core of Bayfield, the shop is led by license partner and managing broker Mary Couturier and serves real estate clients in Bayfield, Hensall, Zurich, Goderich, Grand Bend, Exeter, Blyth, Clinton and Varna.“Bayfield was once a popular port in the mid-19th century and has flourished into a favorite Southwestern Ontario summer destination, situated on the shores of Lake Huron,” says Anthony Hitt, president & CEO, Engel & Völkers Americas. “The area is constantly growing and evolving, with increasing job opportunities in industries such as health, education and manufacturing. This growing community is maintaining its relaxed pace and it is attracting domestic clients and international buyers alike.” Mary Couturier license partner and managing broker, Engel & Völkers Grimsby, Bluewater  “Bayfield offers three beaches, a marina, and various scenic trails and the historic town has quaint shops and boutiques,” says Mary Couturier, license partner at Engel & Völkers Grimsby Bluewater. “It’s beautiful scenery, affordability and the unique eateries, wineries and breweries offer a desirable and achievable lifestyle for diverse clientele.”Engel & Völkers operates a global network of over 16,000 real estate professionals in more than 30 countries. For more information, visit grimsby.evrealestate.com.The post Engel & Völkers Opens New Shop Location in Bluewater appeared first on Engel & Völkers.

Engel & Völkers Americas raised $54,743.51 USD during its annual 60 Minutes for Special Olympics event. Alongside a five-week fundraising campaign, Engel & Völkers Americas network members dedicated sixty minutes of exercising on October 14, 2023, to raise awareness and funds for Special Olympics. Participating shops and network members encouraged their families, friends, and communities to donate to the cause while being physically active for an hour.This year’s top individual fundraiser was Alexa Foss of Engel & Völkers West Village, raising $4,155 USD on her own. Engel & Völkers Beverly Hills proudly won the title of top shop, having collectively raised the most funds throughout the event. Through multiple advisors’ individual fundraising efforts, the single shop was able to raise $7,920 USD on behalf of Special Olympics.The network had a blast this year coming up with creative ways to perform their 60 minutes of physical activity. Across the Americas, we saw an array of unique gatherings and events, including Engel & Völkers Okanagan who enjoyed a wonderful day at the Kelowna Lawn Bowling Club with 12 Special Olympics athletes for a day of competition, laughs, and fun. Engel & Völkers Scottsdale had an exciting day participating in a ‘Pedal and Pub’ tour, Engel & Völkers Westlake Village served up some fun by hosting a tennis clinic, and Engel & Völkers Asheville held their own competitive Pickleball tournament throughout the weekend. Both Engel & Völkers Savannah and Engel & Völkers Ottawa Central hosted a community dog walk and participated alongside their furry friends for their 60 minutes. These are just to name of few of the exciting events coordinated by our shops and advisors across the Americas, all of which exemplify Engel & Völkers’ ongoing commitment to Special Olympics.“Within our network of employees, license partners, and advisors, Special Olympics is very dear to us,” says President and CEO of Engel & Völkers Americas, Anthony Hitt. “We are deeply passionate about uniting for a purpose that promotes acceptance and inclusivity within our local communities.”All the proceeds collected are channeled into acquiring sports gear and supporting athletes’ participation in the Special Olympics Games. In addition to facilitating Olympic-style events and providing sports equipment, the fundraising endeavors have directly contributed to enhancing the impact of the Special Olympics’ Healthy Athletes® program. This program not only provides opportunities for health screening to those with intellectual disabilities but also imparts knowledge about maintaining a healthy lifestyle. As a result, the initiative assists athletes in managing discomfort, accessing otherwise unavailable healthcare services, and identifying previously undetected health issues. Furthermore, it has enabled the training of hundreds of thousands of healthcare students and professionals to effectively engage with and treat individuals with intellectual disabilities.Engel & Völkers Americas is made up of a network that includes more than 6,665 real estate professionals in 309 shops across the United States, Canada, the Caribbean, and Mexico. For more information, visit www.evrealestate.comThe post Engel & Völkers Americas Pledges 60 Minutes of Activity to Raise Funds For Special Olympics International appeared first on Engel & Völkers.

The global luxury real estate brand continues to grow its New England presence Engel & Völkers announced today its expansion into the Greater Newburyport area and the New Hampshire seacoast. This is the third Engel & Völkers real estate shop led by license partner Karen Hanson, who brought Engel & Völkers to the Cape Ann region of Massachusetts five years ago serving Beverly, Manchester, Gloucester, Rockport, and Hamilton/Wenham.Engel & Völkers has cultivated an exemplary reputation within its Beverly Farms and Gloucester locations boasting its team of seasoned, service-driven advisors as well as cutting-edge, in-house marketing resources. Now, the brand is poised to extend its real estate services to the picturesque Newburyport region, nestled along the Merrimack River.“Karen has built an incredible reputation and impressive business in her market, making this an ideal time for her to continue growing in new areas of opportunity,” said Anthony Hitt, president and CEO of Engel & Völkers Americas. “We are eager to bring our global luxury real estate expertise to this captivating region, offering clients a new standard of excellence in real estate services.”A natural fit for Engel & Völkers, the Newburyport area boasts a diverse range of property types, including historic homes, waterfront properties, modern condominiums, and luxurious estates, catering to a range of preferences and lifestyles. The area offers residents the experience of a perpetual vacation and boasts a wealth of attractions, including pristine beaches, scenic waterfront boardwalks, meandering walking trails, and inviting parks. Newburyport features a dynamic array of art galleries, stylish boutiques, exceptional dining establishments, museums, and vibrant nightlife options, providing an ever-enticing environment to call home. “Newburyport is a thriving community with a unique blend of historic charm and modern amenities,” said Karen Hanson, License Partner of Engel & Völkers By the Sea. “Through our expertise and community-driven approach to business as well as our brand’s global recognition, we will continue to attract diverse clientele with elevated marketing strategies that will revolutionize property promotion in the area.”The Engel & Völkers Newburyport shop is located at the entrance to downtown Newburyport, ensuring maximum visibility and accessibility in a bustling area with heavy foot traffic year-round. The shop serves Newburyport, Newbury, West Newbury, Amesbury, and Ipswich, southern New Hampshire and the New Hampshire seacoast creating new opportunities and markets for the luxury real estate segment. For more information, please visit bythesea.evreaestate.com.The post Engel & Völkers Expands Its Presence to the Newburyport and New Hampshire Seacoast appeared first on Engel & Völkers.

As the temperature drops, it’s a sign that it’s almost time to prepare your home for the upcoming winter season. Taking proactive steps to protect your home from the harsh winter elements can save you money on energy bills, prevent damage, and ensure a warm and cozy living environment. In this guide, we’ll cover essential tasks to ensure you’re ready for the winter season:Indoor Winter PreparationsProtect Your Pipes and Insulate Insulating your pipes is a critical necessity in home preparation for winter weather. Frozen pipes can lead to costly repairs and water damage. Insulate exposed pipes in unheated areas of your home, such as the attic, basement, and garage. Use pipe insulation sleeves to keep them warm.In addition to insulating your pipes, sealing windows and doors is also important. Drafty windows and doors can significantly increase your heating bills. Sealing any gaps or cracks with weatherstripping or caulk can combat this problem. For windows, consider using window film or heavy curtains to improve insulation.Prep the FireplaceA chimney inspection can save you time and hassle when preparing for the winter months. Before lighting the first fire of the season, have your chimney inspected and cleaned by a professional. Creosote buildup can lead to chimney fires.Be sure to stock up on firewood. Ensure you have a sufficient supply of seasoned firewood that is stored in a dry place away from the house to prevent pests from making their winter home in your logs.Lastly, if not tended to properly, fireplaces can pose many safety hazards. Installing or inspecting smoke and carbon monoxide detectors near your fireplace can ensure catching any problems before it is too late. Have a fire extinguisher nearby, and teach your family members how to use it.Stock Up on Winter NecessitiesPreparing for the winter season can mean a whole lot of things – one of the most important being stocking up on necessities to ensure you and your family stay warm, healthy and prepared for any scenario. Swapping out your shorts and bathing suits can create space for new winter apparel. Warm clothing, including coats, hats, gloves, and scarves can keep you warm as temperatures decline. Don’t forget warm socks and boots for extra protection against the cold.Stocking up on winter emergency kits can also help you to prepare in case of emergency. This includes essentials like flashlights, batteries, blankets, non-perishable food, and a first-aid kit. Be ready for power outages and unexpected winter storms.Outdoor Winter PreparationsClean out the GuttersBe sure to clean out the gutters before it gets too cold. Clogged gutters can lead to ice dams, which can cause water damage to your home. Clean out leaves, debris, and make sure downspouts are clear to allow proper drainage.Prune and Trim Your Outdoor Plants Trimming your shrubs, bushes, hedges and pruning trees can prevent various hazardous issues during the cold months. Overgrown branches can become hazardous when weighed down by ice or snow. Prune them back to prevent damage to your home and ensure safety.Take In Your Outdoor FurnitureOutdoor furniture and appliances are not cheap – but avoidable repairs are even more expensive. Store outdoor furniture, cushions, and grills in a dry, covered area or a garage. This helps extend their lifespan and prevents them from getting damaged by winter weather.Winter-proofing your home is a proactive approach to ensure your family’s comfort and safety during the cold months. Don’t wait until the first snowfall – start your preparations now for a cozy and stress-free winter season.The post Winterize Your Home: A Guide To Help Prepare For The Winter Season appeared first on Engel & Völkers.

As the fall season begins, the air becomes more chilling and Halloween creeps in on us so does the opportunity to engage with your community, showcase your properties, and promote your brand image. From festive decor to trick-or-treating and pumpkin carving contests join us as we explore some unique ways to embrace, and celebrate, spooky season in style for your business.Partner with Local BusinessesReal estate isn’t just about buying and selling properties; it’s about fostering connections within your community. One way to do this is by partnering with local businesses. Whether it be with your local coffee shop that recently released their homemade pumpkin-spice latte recipe, or a local bakery with fresh apple cider donuts, consider teaming up to create a “Haunted Coffee Crawl” where participants can visit your office while enjoying spooky-themed beverages or snacks. This will not only help boost your local presence, but also enhance your brand’s image as a community-centric real estate company. This also allows for the opportunity for cross promotion of businesses through social media and content sharing.Take Engel & Völkers NYC for example, who over the years has participated with the local Business Improvement District in Trick or Treat East Midtown for Halloween. “Real estate plays a vital role in our lives, and as trusted advisors, it’s crucial that we become deeply ingrained in the vibrant communities where we reside and operate. The year 2019 marked an exhilarating moment for us when the doors of the Park Avenue shop swung open. This establishment bestowed upon us a splendid chance to immerse ourselves in the heart of our community, especially during the splendid neighborhood event orchestrated by EMP. Ever since then this event has become a Halloween extravaganza, casting its spell and drawing in folks from every corner of the city for a delightful evening of trick-or-treating and festivities!”Nicole Beauchamp, Advisor, Engel & Völkers New York CityEngage In A Local Charity or FundraiserEngaging in a local charity or fundraiser for Halloween is a heartwarming way to give back to the community, while adding a touch of altruism to your Halloween festivities. Consider partnering with a reputable charity, or organizing a fundraiser event that aligns with the spirit of the season. Whether it’s collecting donations for a local food bank, hosting a charity costume contest, or organizing a spooky-themed charity run, your involvement not only enhances your company’s social responsibility, but also fosters a sense of togetherness within your community. By extending a helping hand during Halloween, you’ll showcase the caring and compassionate side of your shop, leaving a lasting positive impression on both clients and neighbors alike.Last year, Engel & Völkers Westlake Village and Engel & Völkers Calabases hosted a “Pups and Pumpkins” event, where they partnered with their local animal rescue and dressed up the pups in adorable costumes. In addition, they incorporated lead generation tactics, such as a raffle for a basket of dog accessories. The event was a huge success that led to two deals and one adopted puppy.Create a Halloween Haven in Your OfficeOne of the most exciting aspects of the Halloween season is the opportunity to amp up your seasonal decor and bring some festivity into your shop. One of our favorites is to host a pumpkin carving contest among clients and staff and showcasing the results in window displays or on social media channels. This not only creates a welcoming atmosphere, but also sparks conversations and connections with potential clients who visit your office.Additionally, you can showcase your “spookiest” listings in your store-front. Whether it be a gothic- style manor or a colonial-style estate with a rich history, creatively showcasing listings by aligning them with spooky season can help them gain more traction – especially on social media.Trick-or-Treat ExtravaganzaEmbrace your inner child through the spirit of trick-or-treating in your neighborhood or business district. Set up a booth in front of your office and hand out treats to local children. This not only brings joy to children and families, but also shows your commitment to being an integral part of your community. Plus, it’s an excellent opportunity to engage with parents who might be considering a move, or new property investment.No matter how you slice it, Halloween provides a unique opportunity for businesses to showcase their creativity, engage with their community, and strengthen their brand image. By incorporating these tips into your fall marketing strategy, you’ll not only stand out but also create lasting connections with potential clients and homeowners.Happy House Haunting. The post How to Celebrate Spooky Season in Style appeared first on Engel & Völkers.

The global luxury real estate brand continues expansion in Central America with its first shop openingin Panama City, PanamaEngel & Völkers announced its entrance in Panama today with its newest shop opening in Panama City. Ciara Caponi and her team will now operate as Engel & Völkers Panama, becoming the premier destination for high-end real estate services in Panama.With more than a decade of experience in the real estate industry and a background that includes working with one of the top developers in Panama, Caponi brings a wealth of expertise and a deep understanding of the Panamanian market to this partnership. She is a member of ACOBIR (the Panamanian Association of Real Estate Brokers and Promoters), and holds a CIPS (Certified International Property Specialist) designation. Caponi is fluent in English, Spanish, and Italian, bringing a multilingual advantage to her clients. Engel & Völkers Panama specializes in the sale and rental of high-end residential, commercial, and land properties in Panama’s top areas and developments.“We are thrilled to introduce Engel & Völkers to Panama, further strengthening our global presence,” said Anthony Hitt, president and CEO of Engel & Völkers Americas. “Ciara and her team have a proven track record of excellence in the Panamanian real estate market. Their dedication to providing tailored services and their extensive portfolio of top-tier properties align perfectly with Engel & Völkers’ commitment to delivering the highest standard of client service.”Panama’s real estate market is characterized by its strategic location, strong international demand, and favorable tax and legal structures. The country offers a unique combination of benefits, including political stability, a first-class communication structure, a dollarized economy, a sophisticated banking system and an excellent quality of life, making it an attractive destination for international buyers and investors. Panama boasts a diverse topography, with both Atlantic and Pacific coastlines, mountains, and a bustling urban landscape in areas like Avenida Balboa, Casco Antiguo, and Costa del Este. Engel & Völkers Panama specializes in the sale and rental of high-end residential, commercial, and land properties in Panama’s top areas and developments. With a focus on serving high-net-worth individuals and international clients, including those from Canada, the USA, Colombia, Peru, Ecuador, and Spain, as well as multinational companies, they will offer a range of upscale properties, with a significant emphasis on apartments, houses, and new developments.“Engel & Völkers’ global presence and reputation, coupled with our local expertise, will elevate Panama’s luxury real estate scene,” said Caponi. “We offer a safe, tax-friendly, and diverse environment for those seeking a second residence, fiscal residency, or investment opportunity. Engel & Völkers Panama will be the go-to firm for luxury real estate in Panama. Engel & Völkers Panama is poised to transform the Panamanian luxury real estate market by providing international exposure, innovative marketing strategies, and a dedicated sales team.”The firm serves various markets, including Costa del Este, Santa Maria, Avenida Balboa, Casco Antiguo,Marbella, San Francisco, Coco Del Mar, Boquete, Coclé, and Pedasí.To learn more visit panama.evrealestate.com.The post Engel & Völkers Announces Expansion in Panama appeared first on Engel & Völkers.

Whether you are considering buying a boat or yacht, there are various factors to consider in order to ensure a seamless and rewarding experience. The allure of yachting, the freedom to explore coastlines, and the prestige associated with owning a private vessel are undeniably captivating. However, before you set sail on this extraordinary adventure, navigating the waters of yacht ownership with knowledge and caution is crucial.Know Your Cruising WatersBoat owners must clearly understand the waters they will navigate, including details such as depth, weather conditions, and the specific activities they plan to engage in. Whether your interests lie in exploring shallow waters, participating in thrilling water sports, or embarking on long-distance journeys, this knowledge will help you facilitate the selection of a boat or yacht that perfectly aligns with your requirements.Online boating and yachting community forums provide opportunities to connect with experienced individuals who can offer valuable insights. Media sites offer extensive resources for boating enthusiasts. Additionally, you may consider purchasing a cruising guide for your specific waters. We also recommend consulting with your local boat associations, yacht clubs, or marine offices for valuable insights and guidance on the cruising waters in your area.Choosing Between Powerboats or SailboatsPowerboats offer speed, convenience, and versatility, making them ideal for day cruising, water sports, or island hopping. Propelled by an engine, they require minimal training and are perfect for beginners who seek immediate water experiences.  A spacious deck area also makes for an ideal hosting space, while their fuel-powered engines ensure excellent performance in most weather conditions. As long as the sun shines brightly, every day is perfect for enjoying the water.Sailboats provide a serene and environmentally friendly sailing experience, making them well-suited for those seeking a deeper connection with the wind and sea. However, sailing is not a beginner’s activity, as it requires hands-on experience that may require months – or even years – of training to become comfortable with. In contrast to powerboats, sailboats rely on harnessing wind power through their sails for propulsion, emphasizing the importance of suitable weather conditions. Nonetheless, many find sailing to be exceptionally rewarding. As the process necessitates harmony between everyone on board and nature, each sailing day can be an opportunity for bonding between friends, family, and the natural world.Dock Size and AccessibilityEvaluating potential waterfront properties that enable yacht docking is vital when looking to purchase a yacht. In the United States, residential docks typically range from 30 to 60 feet in length, accommodating one to 2 boats depending on the size and width of the dock. However, several factors come into play when determining the number of boats a dock can accommodate. Docks equipped with finger piers or slips offer additional space, while boats with wider beams require more room.Is a Superyacht for you?Superyachts, which are typically defined as privately owned luxury yachts 80 feet (20 meters) or longer, offer an unrivaled experience to any boat owner looking to possess the freedoms of the open waters. They grant access to remote destinations, exclusive and customizable retreat experiences and personalized amenities and services. If you aspire to own one of these luxurious vessels, there are a few additional factors to consider. Operating Superyachts often require a dedicated captain and crew to operate. Super and mega yachts, due to their size and specific requirements, are also typically not docked with residential docks. These yachts often require specialized facilities and infrastructure to accommodate their length, width, draft, and weight. They are commonly docked in marinas, yacht clubs, or dedicated super and mega yacht berths that are specifically designed to handle the unique needs of these large vessels. Finding larger slips to accommodate these yachts can be a challenge in many areas, as owners are purchasing slips for 80-150′ yachts as soon as they become available.Maintenance Responsibilities: Regular maintenance tasks, such as engine servicing, hull cleaning, and system checks, are essential to keep the vessel in optimal condition. Incorporating practices such as integrated vessel washing and seasonal inspections of engines and equipment into your routine is highly recommended. By remaining proactive with maintenance and entrusting a reputable maintenance service, owners can ensure the longevity and reliability of their yachts.Take the time to explore your options, consult with experts, and make an informed decision. With Engel & Völkers Yachting, your dream of owning a boat or yacht that perfectly suits your desires and lifestyle is within reach. The post Your Dream Yacht Awaits: Top Considerations When Purchasing a Boat or Yacht appeared first on Engel & Völkers.

Whether you are considering buying a boat or yacht, there are various factors to consider in order to ensure a seamless and rewarding experience. The allure of yachting, the freedom to explore coastlines, and the prestige associated with owning a private vessel are undeniably captivating. However, before you set sail on this extraordinary adventure, navigating the waters of yacht ownership with knowledge and caution is crucial.Know Your Cruising WatersBoat owners must clearly understand the waters they will navigate, including details such as depth, weather conditions, and the specific activities they plan to engage in. Whether your interests lie in exploring shallow waters, participating in thrilling water sports, or embarking on long-distance journeys, this knowledge will help you facilitate the selection of a boat or yacht that perfectly aligns with your requirements.Online boating and yachting community forums provide opportunities to connect with experienced individuals who can offer valuable insights. Media sites offer extensive resources for boating enthusiasts. Additionally, you may consider purchasing a cruising guide for your specific waters. We also recommend consulting with your local boat associations, yacht clubs, or marine offices for valuable insights and guidance on the cruising waters in your area.Choosing Between Powerboats or SailboatsPowerboats offer speed, convenience, and versatility, making them ideal for day cruising, water sports, or island hopping. Propelled by an engine, they require minimal training and are perfect for beginners who seek immediate water experiences.  A spacious deck area also makes for an ideal hosting space, while their fuel-powered engines ensure excellent performance in most weather conditions. As long as the sun shines brightly, every day is perfect for enjoying the water.Sailboats provide a serene and environmentally friendly sailing experience, making them well-suited for those seeking a deeper connection with the wind and sea. However, sailing is not a beginners activity, as it requires hands-on experience that may require months – or even years – of training to become comfortable with. In contrast to powerboats, sailboats rely on harnessing wind power through their sails for propulsion, emphasizing the importance of suitable weather conditions.Nonetheless, many find sailing to be exceptionally rewarding. As the process necessitates harmony between everyone on board and nature, each sailing day can be an opportunity for bonding between friends, family, and the natural world.Dock Size and AccessibilityEvaluating potential waterfront properties that enable yacht docking is vital when looking to purchase a yacht. In the United States, residential docks typically range from 30 to 60 feet in length, accommodating one to 2 boats depending on the size and width of the dock. However, several factors come into play when determining the number of boats a dock can accommodate. Docks equipped with finger piers or slips offer additional space, while boats with wider beams require more room.Is a Superyacht for you?Superyachts, which are typically defined as privately owned luxury yachts 80 feet (20 meters) or longer, offer an unrivaled experience to any boat owner looking to possess the freedoms of the open waters. They grant access to remote destinations, exclusive and customizable retreat experiences and personalized amenities and services. If you aspire to own one of these luxurious vessels, there are a few additional factors to consider. Operating Superyachts often require a dedicated captain and crew to operate. Super and mega yachts, due to their size and specific requirements, are also typically not docked with residential docks. These yachts often require specialized facilities and infrastructure to accommodate their length, width, draft, and weight. They are commonly docked in marinas, yacht clubs, or dedicated super and mega yacht berths that are specifically designed to handle the unique needs of these large vessels. Finding larger slips to accommodate these yachts can be a challenge in many areas, as owners are purchasing slips for 80-150′ yachts as soon as they become available.Maintenance Responsibilities: Regular maintenance tasks, such as engine servicing, hull cleaning, and system checks, are essential to keep the vessel in optimal condition. Incorporating practices such as integrated vessel washing and seasonal inspections of engines and equipment into your routine is highly recommended. By remaining proactive with maintenance and entrusting a reputable maintenance service, owners can ensure the longevity and reliability of their yachts.Take the time to explore your options, consult with experts, and make an informed decision. With Engel & Völkers Yachting, your dream of owning a boat or yacht that perfectly suits your desires and lifestyle is within reach. The post Your Dream Yacht Awaits: Top Considerations When Purchasing a Vessel appeared first on Engel & Völkers.

The global luxury real estate brand will add 400 new advisors and staff, and open nine new shop locations in Los Angeles and Ventura counties as a result of the partnershipEngel & Völkers today announced a partnership with Dilbeck Real Estate, as a result of which, approximately 400 real estate professionals and support staff, as well as nine new shop locations, will now operate under the Engel & Völkers brand. Dilbeck Real Estate has been a highly respected real estate presence in California dating back to 1950. As of 2023, the business had nine office locations in Los Angeles and Ventura counties, including Burbank, San Marino, Camarillo, La Canada Flintridge, Glendale, Encino, Pasadena, Santa Clarita and Westlake Village, and achieved $1.3B in annual sales under the leadership of Mark Dilbeck, the company’s second generation majority owner running the business since 1998. Dilbeck will retain partial ownership and be responsible for the day-to-day operations of Los Angeles and Ventura county shop locations, focusing on strategic expansion, recruiting, retention, advisor growth, and productivity. Paul Benson, license partner of more than 40 existing Engel & Völkers locations across California, Arizona, Colorado, Idaho, Nevada, Utah, and Washington, will gain an ownership stake of the new business under Engel & Völkers. “For Engel & Völkers, growth doesn’t come at any cost,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “As a culture-driven company, every new business opportunity, whether a large merger, brokerage partnership or individual real estate professional joining the brand, is approached with the intent not simply to help us grow, but with the expectation and responsibility to further the ethos of the brand and our philosophy toward exceptional client service, as well as helping our advisors grow with us. This is an exciting move in California. Paul and Mark working together is certainly just the beginning of many great things to come.”Dilbeck Real Estate brings a specialized market knowledge of Los Angeles and Ventura counties’ bedroom communities to Engel & Völkers’ growing footprint across California. Each with its own unique flavor, these markets are culturally diverse, with residents hailing from around the world. These distinct but connected communities fit well within the framework of Engel & Völkers’ business, built on the strength of top local real estate experts working together within a connected global network. As a result of this merger, Engel & Völkers will now have a total of 15 locations in the greater Los Angeles area, further fostering a thriving local ecosystem of collaboration that enables the highest level of client service. “I’m excited that my heart and mind tell me that we have found a partner that makes us stronger and more vibrant for years to come,” said Dilbeck. “The real estate industry has changed significantly since the inception of Dilbeck Real Estate more than 70 years ago. The competitive landscape is completely different, and with so many options for today’s consumers and real estate professionals to choose from, it became clear that we needed to affiliate with a large, established player in order to bring the business into its next era of growth. The tools and resources that Engel & Völkers provides will help our advisors secure more listings and advance professionally, and nothing excites me more than knowing that we’ve found a partner that shares similar values. This partnership will truly make our business stronger.”“It is an honor to welcome Mark and the entire Dilbeck Real Estate team to Engel & Völkers,” added Benson. “Their organizational expertise and passion for real estate align with our own commitment to excellence. We share a vision for the future that combines growth with people, and are deeply committed to doing what is right for both our clients and advisors through a focus on collaboration, collegiality and support via all the systems, tools, coaching, training and marketing needed to be successful, all backed by the power of Engel & Völkers’ respected global brand.” To learn more visit evrealestate.com.The post Southern California’s Dilbeck Real Estate Partners with Engel & Völkers appeared first on Engel & Völkers.

Maintaining unique perspectives and actionable strategies is critical for achieving long-term success and prominence in the competitive real estate market. Engel & Völkers industry professionals explore valuable insights and offer best-in-class advice on the practices, considerations, and secrets to success in the real estate industry in the featured articles below:Do these three things in your first five years to own your marketBy Taso Tsakos, Managing Partner of Engel & Völkers San Francisco Union StreetDiscover the essential practices that can pave the way to becoming a market leader in the real estate industry. Building a strong foundation through education, networking, and local market knowledge is crucial. Focusing on client satisfaction, maintaining open communication, and providing personalized service fosters trust and loyalty. Embracing marketing and technology, such as digital strategies and automation tools, enhances visibility and attracts leads. These fundamental steps lay the groundwork for long-term success and market leadership in the real estate business. Learn more about these top practices and how mentorship plays a significant role in achieving success by reading the full article in Inman.Five things to know before entering the new development marketBy Stuart Siegel, Chief Strategy Officer of Engel & Völkers AmericasDid you know that it is important to educate yourself before entering the new development market? Stuart Siegel provides 5 key pieces of knowledge to keep in mind:Specializing in new developments requires full commitment and market specialization to become an expert in the field, necessitating continuous education and networking.Understanding the history of successful and failed projects in your market is crucial, as well as identifying the factors that contribute to their success or failure.New developments demand a different skill set, including understanding compensation models, budget management, and continuous market analysis.Be prepared for longer timelines in new development, as the process can take several years, requiring patience and ongoing client engagement.Networking and building a team of trusted experts around you is essential for success in new development, giving access to different perspectives and expertise.Read more in this exclusive Inman article.Four secrets to mastering client retentionBy Bret Snyder, License Partner of Engel & Völkers BozemanClient retention is a crucial aspect of success in the real estate industry, as acquiring new clients can be significantly more expensive than keeping existing ones. This article delves into the four key secrets to mastering client retention. Firstly, building a referral-based business and tracking the sources of leads can create a strong base of repeat and referral business. Secondly, setting client retention goals and staying available and responsive to client’s needs is vital for cultivating lasting relationships. Thirdly, developing a protocol for nurturing client relationships with regular outreach and personal touches can keep clients engaged. Lastly, setting a higher standard of service by focusing on exceptional experiences leaves a lasting positive impression on clients and encourages them to refer your services to others.Discover more about how you use these four strategies to ensure repeat business and foster long-term success. The post Leadership Roundup: Industry Professionals Reveal Secrets to Success appeared first on Engel & Völkers.

Engel & Völkers is excited to share our 2023 Mid-Year Canadian Luxury Real Estate Market Report. This report combines market data with intel from Engel & Völkers’ local Canadian market experts. The result is a residential property analysis covering the markets in Halifax, Montréal, Ottawa, Toronto, and Vancouver. The report shares insights on what’s happening inside Canada’s top real estate markets, including notable trends, in-demand neighborhoods, economic factors, and changing buyer and seller preferences in two different price segments; $1-$3.99 million and over $4 million. This year’s analysis reveals that amidst economic uncertainty, fluctuating interest rates, and forecasts of recession, Canada’s most sought after premium markets are demonstrating resilience.Click here to access the full report.The luxury real estate market shows strong and stable growth in Canada’s major cities. In Halifax, single-family homes over $1 million comprise close to 10 percent of the market now, compared to 4.6 percent for all of 2022. Montréal’s home values in Westmount and Outremont have now grown by nearly $1 million throughout a 10 year period. In Ottawa, prices for homes valued between $1 – 3.99 million grew by three percent from January to June 2023. In Toronto, the average sold price for residential class homes priced between $1 – 3.99 million grew by 3.7 percent compared to January 2023. In Vancouver, sellers’ ‘sit and wait’ attitude sees average home prices in the $1 – 3.99 million segment hold their value, dipping by only 5.59 percent from February 2022’s high-point. MARKETS AT A GLANCE HalifaxBy mid-year 2023, single-family homes over $1 million comprise close to 10% of the market, compared to 4.6% for all of 2022. The Halifax Regional Municipality (HRM) continues to be one of Canada’s most important real estate markets to watch. Over the past year, the city has experienced a consistent influx of buyers, including many remote workers, who are attracted to Halifax’s affordability and natural beauty. “Halifax’s population sat at 480,523 as of January, and we are on a trajectory to reach 1 million people by 2025. Of new residents to Halifax, 74.4% were aged 15-44, the largest segment of this age group ever recorded. Many originate from Ontario, Vancouver and Alberta, and have built home equity in these markets. This is translating into multiple offers in the $1 – 3.99 million market, as well as across the conventional market.”–Donna Harding, License Partner, Engel & Völkers Nova Scotia So far in 2023, there were 250 single-family homes listed in Halifax over $1 million, comprising 9.4 percent of the market. This compares to 164 for all of 2020, comprising 2.4 percent of the market. In the first half of the year, the average price for a residential class home in the $1 – 3.99 million bracket was $1,344,279.Halifax remains a seller’s market for homes priced between $1-3.99 million. Homes priced over $4 million are categorized as a buyer’s market, which is typical for this price point. Engel & Völkers expects the market pace from the first half of 2023 to continue into the second half of the year, sparing a six to eight week lull due to the wildfires. Halifax’s growth projections and limited supply suggest it will continue to be a strong seller’s market.Record-breaking migration has left Halifax’s market in a bind, as some sellers looking to downsize are unable to find suitable options, leading to a market gridlock. Low inventory of available homes for purchase will continue to define the Halifax market, with a primary concern revolving low rental inventory. To address the supply gaps, there is a need for purpose-built rental properties in Halifax, as new construction is being absorbed expeditiously and cannot keep up with the roaring demand from Halifax locals and newcomers.Montreal Home values in Westmount and Outremont have grown by nearly $1 million over 10 years.After a rocky start to the year with a lack of buyers and sellers, Montréal’s housing market is displaying signs of normalization. Buyers are showing more confidence following interest rate stabilization and, as a result, are coming out to shop. From January to June 2023, the average sales price for residential class homes in the $1 – 3.99 million segment was $1,462,568, while the average price for a condo in this range was $1,334,534. There were 12 residential class properties sold for over $4 million in notable sales, averaging $5,012,708. The most expensive property in this range sold in March for $5,775,000 in the Ahuntsic-Cartierville neighborhood. For condos in this price range, three units were sold and the average price from January to June combined was $1,099,188.Engel & Völkers predicts that Montreal’s housing market will continue moving towards a balanced state in the second half of the year, and will remain relatively stable. However, it is unlikely to shift fully in favor of buyers.“Last year, we consistently saw record-breaking sale after record- breaking sale. These buyers made home purchases that they intend to live in long-term. That means many of the properties sold during this period will not come back to the market for another 20 years and premium supply will be constrained. Montréal is like Manhattan, it’s an island, and there are only so many places one can go.”–Patrice Groleau, License Partner,  Engel & Völkers Montréal The low supply of available properties will continue to be a defining characteristic of the market, becoming a prominent topic in upcoming political races. The significant gap in supply between the conventional and premium markets is an important trend to watch. Montreal is currently experiencing a shift, and the economic divide is growing. While new condo projects are entering the market, many middle-class buyers still have a preference for freehold homes, which may need to change.Engel & Völkers remains optimistic about a return to the typical pre-pandemic real estate cycle. As the market adjusts, it will be essential to work with experienced real estate professionals who specialize in property pricing and negotiation.OttawaLuxury real estate growth projected for the remainder of 2023, as homes are valued between $1 – 3.99 million grew by 3% from January to June 2023.Ottawa’s housing market continues to be one of the fastest-growing for premium real estate, offering affordability, strong investment returns, and market stability. This makes it attractive to investors and families looking to lay down long-term roots. The market still faces challenges however, potentially due to buyer hesitation caused by higher mortgage interest rates and inflation.While home prices in the conventional market have trended downwards, the premium segment has seen growth. From January to June 2023, the average sale price for residential and condo-class homes in the $1 – 3.99 million bracket increased to $1,362,852, a 3.18 percent rise compared to the previous year’s average over the same period of $1,320,835. There were three notable sales of rare homes priced over $4 million in January for $6,300,000, February for $4,220,000 and May for $4,500,000.Many listings in Ottawa are approaching the $4 million threshold, with prices ranging from $2.5 to $3 million. The most in-demand premium price range falls between $1.5 to $2.5 million. Properties priced competitively between $1.3 to $2.2 million tend to sell quickly, typically within one to two weeks. Although Ottawa’s luxury market is still developing compared to Toronto and Vancouver, there are promising signs of continued growth.Engel & Völkers is forecasting the current upswing will continue to show strength over the rest of the year. This indicates a return to a more traditional seasonal pattern, which is reassuring for buyers and sellers hoping to transact in the latter part of 2023. In Ottawa, buyers and sellers are slowly adjusting to these new, more stable conditions, and it is anticipated the market will firm up over the next four to six months. The $1 – 3.99 million market remains a seller’s market. The $4 million-plus market is a buyer’s market, which is typical for this price point.The housing market is characterized by a degree of uncertainty, especially in light of changing Bank of Canada interest rates and forecasts of recession. An area to watch in Ottawa’s housing market is high-end rentals. Many property owners are opting to lease their assets instead of selling, resulting in an increase in the number of high-end rental properties. However, some buyers are facing challenges in finding properties that meet their requirements, while certain sellers are hesitant to engage in transactions due to current market conditions.Nonetheless, there are indications some of these sellers are beginning to reconsider their positions, as prices have shown an upward trend. It remains to be seen how the market will stabilize and what impact this will have on rental figures. It is reassuring to note many sellers possess the necessary financial resources to place tenants in their properties while they await the opportune moment to sell.Toronto In June the average sold price for residential class homes priced between $1 – 3.99 million grew by 3.7% compared to January. While Toronto’s real estate market is stabilizing after years of rapid growth and seasonal pattern disruptions, the normalization process is being hampered by a lack of supply due to high demand for housing in the fast growing capital city. Despite recent interest rate hikes, the impact on market value has been minimal due to this ongoing inventory problem, and prices remain stable. New supply continues to be constrained, meaning the Greater Toronto Area (GTA) will likely continue to experience a housing shortage in the years ahead.Dedicated offer dates are becoming more common in the current market, with many single-family homes selling over asking in multiple offers. Single-family homes listed for $999,999 are commonly sold on an offer date for around $1,300,000. Some sellers are adjusting their approach based on market activity, leading to multiple buyers bidding for homes. These factors make it crucial for buyers to work with experienced professionals and to remain flexible and well-informed throughout the home-buying process, especially in a challenging negotiation market.Residential class homes priced over $4 million in Toronto are selling at a slower pace. Buyers in this bracket tend to think long-term, which makes them less hesitant to make a purchase based on today’s market conditions. The number of units sold in this price bracket has consistently grown in the first half of the year, from 17 in January to a high of 54 in May. Ten units priced above $8 million have been sold since January. Engel & Völkers reports that homes priced from $10 – 20 million are selling at a slower pace than usual, with increased days on market. From January to July 2022, these homes spent 40 days on the market with seven sales, while during the same period in 2023, days on market increased to 112, with five units sold. Rentals catering to this market are also trending upward, likely influenced by the decline in purchasers, which can be attributed in part to Canada’s foreign buyer ban.Engel & Völkers is forecasting Toronto’s summer market will sustain a slow activity pace. The summer months may present a good opportunity for buyers as there will be less competition than in spring. With less competition and a potentially more relaxed atmosphere, buyers might be able to find the right property without feeling too overwhelmed. It is important to keep in mind that even in the summer, there will still be multiple offers and competition for desirable properties.At the end of the first half of 2023, the $1 – 3.99 million property segment in Toronto remains a seller’s market, while the $4 million-plus market is balanced. Toronto’s census metropolitan area has a population of 6,372,000, with a growth rate of 0.93 percent. Despite some outmigration for affordability reasons, an influx of individuals attracted to urban amenities keeps the growth rate consistent, making Toronto one of the fastest-growing cities in North America.VancouverSellers’ ‘sit and wait’ attitude had a minimal effect on average home prices in the $1 – 3.99 million segment, which dipped by only 5.59% from February 2022’s high-point.In Vancouver, the first half of 2023 was marked by uncertainty, as buyers and sellers held off on real estate decisions pending the Bank of Canada’s interest rate announcement. Once rates were held steady in February, buyers regained confidence and returned to the market, but sellers were slower to respond, resulting in an imbalanced market.The spring market presented a conundrum for sellers, especially for the majority who wanted to level up or downsize. Where sellers were confident they could sell their home quickly, they did not have the same belief they would find a suitable replacement. This tension between seller hesitancy, and strong buyer demand, led to price increases not only in the conventional market but also in the premium segment. For instance, North Vancouver now has more residential class inventory in the $4 – 6 million range, which was previously uncommon. Similarly, East Vancouver has inventory priced around $2 million, surpassing the typical high $1 million range.For residential class homes priced $1 – 3.99 million, the average sold price consistently increased month-over-month from January to June 2023. The highest average price of $2,038,395 was recorded in May, representing a 1.3 percent decrease compared to the previous year. Condo-class homes in this price range averaged $1,404,413. In the first half of 2023, the combined average sold price for homes and condos in the $1 – 3.99 million range was $1,675,485, reflecting a 7.22% decline compared to the same period in 2022. A total of 6,047 units were sold in the first half of 2023, down from 8,085 units in the equivalent period in 2022.” “High-demand in the mid-market makes this a great time for sellers who want to level up. We’re advising clients to take advantage of market conditions favoring sellers in the middle market, and the tempered demand in the upper market, which is balanced.”–Andrew Carros, Chief Operating Officer Engel & Völkers VancouverEngel & Völkers anticipates a summer slowdown, in line with historical seasonal patterns, as buyers and sellers tend to be preoccupied with weather and vacations. Rising interest rates may keep sellers on standby, while buyers approach deals with some caution.It is difficult to accurately assess whether the current market is a true seller’s market for homes priced at $1 – 3.99 million because the number of units for sale on the market is so low. If inventory was at the same level as in 2021 or 2022, the market would be closer to balanced.For Vancouver, it’s important to work with a professional that can help differentiate between real-time market conditions and the surrounding chatter. A key to success will be to pay attention to personal financial and lifestyle situations when making decisions in the current market. Engel and Völkers’ 2023 Year End Canadian Luxury Real Estate Market Report reveals the resilience of Canada’s premium real estate market amidst economic uncertainty. The report offers valuable insight into market preferences, economic factors, and evolving preferences for buyers and sellers in Canada’s most sought-after neighborhoods. Explore the full version of the report below.The post 2023 Mid-Year Canadian Luxury Market Report appeared first on Engel & Völkers.

The global luxury real estate brand continues its expansion in Pennsylvania in two key marketsEngel & Völkers today announced its entrance into Pittsburgh with locations in Pittsburgh and  Sewickley. The new shop locations are led by license partner Elias Pappan, who also serves as a license partner of the recently opened Engel & Völkers Columbus in Ohio, and resides in the area. Austin King will serve as the Sewickley shop’s managing broker. As the third Engel & Völkers location to open in the Great Lakes Region this year, Engel & Völkers  now serves the markets of Coraopolis, Fox Chapel, Mt. Lebanon, Pittsburgh, Sewickley and Wexford and surrounding areas.“Our growth in the Great Lakes Region has taken off this year,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Markets like Columbus and now Pittsburgh are important to our expansion strategy, as they provide both a small-town feel and big-city living amenities that our clients desire. Having led the launch of our Columbus shop just a few months ago, Elias has fully entrenched himself in our brand values around delivering luxury client service. He is committed to elevating the real estate experience for both clients and industry professionals throughout the region.”Pittsburgh has a thriving job market across technology, healthcare and banking that drives buyers from both out of state and internationally. This has led to a competitive yet affordable housing market for incoming professionals, including a variety of neighborhoods and housing styles throughout the city and surrounding suburbs, including the desirable area of Sewickley. Residents enjoy Pittsburgh’s many parks and outdoor recreation spaces, festivals, famous eateries and major league sports teams in football, baseball and hockey. “Buyers and sellers here are looking for outstanding service from their real estate professionals,” said Pappan. “The market is ripe for a brand such as Engel & Völkers, which provides the systems, tools, network and reach that facilitate a luxury home buying and selling experience for consumers. Furthermore, our shop culture is built around a universal model of team success, allowing all members of our team to grow their business, achieve their goals and reach their full potential.”To learn more visit pittsburgh.evrealestate.com. The post Engel & Völkers Expands into Pittsburgh and Sewickley, PA  appeared first on Engel & Völkers.

On August 1 at 12 p.m. ET, Engel & Völkers Oakville advisor Callum Wallace will embark on an extraordinary adventure called Flight for Hope. Taking off from Burlington Executive Airport, Wallace will pilot a small single-engined aircraft on a round-the-world journey. This initiative aims to generate a substantial contribution to Home Suite Hope, a Canadian charity, while raising awareness for aligned charities globally. The Flight for Hope will challenge boundaries and bring attention to the plight of single-parent families.What is Home Suite Hope?Home Suite Hope is a non-profit organization serving the Halton Region, dedicated to supporting single-parent families in their journey from homelessness to stability and self-sufficiency. Home Suite Hope provides housing, rental subsidies, access to childcare, transportation, college education, life skills training, mentorship, employment support, and intensive case management. Through their efforts, they strive to empower single parents and create intergenerational impact, fostering financial independence and long-term stability.The Flight PathWallace’s flight path encompasses various breathtaking destinations, including Quebec, Iqaluit, Greenland, Iceland, Scotland, Wales, England, France, Spain, Italy, Greece, Egypt, Pakistan, India, Sri Lanka, Indonesia, Australia, New Zealand, Fiji, Samoa, and Christmas Island. This incredible journey will conclude in Burlington, ON, Canada, on October 14, just in time for the Home for Good Gala on November 10.Remarkably, only three Canadians have ever completed this journey, which is fewer than the number of Canadians who have ventured into outer space. Wallace becomes the fourth Canadian to embark on this daring expedition, joining an elite group of fewer than 150 individuals who have attempted this feat.Supporting Home Suite HopeWallace’s passion for flying has led him to leverage his skills to fundraise and give back to the community. Flight for Hope will host several local and international events leading up to the August 1 departure date. The proceeds from these events will go toward purchasing multi-unit buildings to provide even more support to families in need. Wallace’s personal involvement with Home Suite Hope extends beyond this initiative, as he and his family previously provided a property to a family enrolled in the four-year program.“Home Suite Hope offers single-parent families the opportunity for a second chance and to get back on their feet — I’m incredibly grateful to be able to use my passion for flying to fundraise and give back to the community. Flight for Hope will be hosting numerous events leading up to the August 1 departure date — both locally and internationally — to foster awareness and support for the initiative. The proceeds from this event will go towards purchasing multi-unit buildings to help more families.”Callum Wallace, pilot, Flight for Hope and advisor, Engel & Völkers OakvilleCome Along for the JourneyTo follow the Flight for Hope in real-time, you can visit the live tracking link starting August 1 at 12 p.m. ET.Flight for Hope is an inspiring journey that combines adventure, aviation, and philanthropy. Through Wallace’s courageous journey around the world, he aims to raise awareness and make a significant impact on the lives of single-parent families through Home Suite Hope. By supporting this noble cause, we can contribute to breaking the cycle of generational poverty and help create a brighter future for these families in need.For more information about Home Suite Hope and its programs, visit homesuitehope.org.The post Flight for Hope: A Journey Around the World for a Cause appeared first on Engel & Völkers.

The luxury real estate brand’s franchisees rate culture among top attributesEngel & Völkers is proud to announce its inclusion in the Franchise Business Review’s “Culture100” list. The list recognizes the top 100 franchise brands in a 2023 report on the Best Franchise Cultures. This accolade comes after Engel & Völkers was previously named a “Top Franchise for 2023”, a “Top 100 Most Innovative Franchise,” and a “Top Franchise For Veterans” by the independent research firm.Engel & Völkers was among more than 360 franchise brands, representing more than 36,000 franchise owners, that participated in Franchise Business Review’s research on the best franchise cultures. Franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems. The brands that were selected received the highest overall ratings based on 17 unique areas that contribute to a strong company culture, including leadership, core values, franchisee community, and engagement. “We believe in the power of relationships and the strength that comes from unity,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Our license partners, advisors and staff are at the heart of everything we do. We believe that by working with great people, great business follows. Our culture thrives on the values of sharing, collaboration, and support, enabling both personal and professional greatness. This recognition would not have been possible without our incredible franchisees.”Every franchise organization has a different culture and vibe,” said Michelle Rowan, president & COO of Franchise Business Review. “A franchise company’s culture – and your potential fit into that culture – should guide your franchise investment decision. Looking at data on how current franchisees rate a brand’s culture will tell you how well the franchise leadership team is executing on the vision of the brand, and how well the community of support staff and franchisees work together to achieve their business objectives. The best place to start is with the brands on this year’s Culture100 list. These companies outrank other brands by 10%-50% across the key areas that contribute to a positive culture.”Franchise Business Review, a research firm that performs independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes annual rankings of the top franchises in its Guide to Today’s Top Franchises and guides throughout the year, ranking the top franchises in specific sectors.Visit FranchiseBusinessReview.com to see the full description of the 2023 Culture100 Awards.For more information about Engel & Völkers, visit evrealestate.comThe post Engel & Völkers Earns Top Award for Network Culture appeared first on Engel & Völkers.