Engel & Völkers Florida Reports Successful Second Quarter in 2021
NAPLES, FLA. (PRWEB) July 21, 2021 - Engel & Völkers Florida today announced its second quarter of 2021 report. The company has seen significant year-over-year increases, a steady stream of transactions at all price points, increased sales volume, growth in advisor count through talent attraction, and continuous franchise expansion.
“Engel & Völkers Florida had an outstanding second quarter as our shops and advisors continue to transform the real estate industry,” said Timo Khammash, Managing Partner of Engel & Völkers Florida. “Our aggressive franchise expansion roadmap, commitment to coaching and accountability programs, innovative systems and tools and unparalleled leadership position us for continued success in 2021 and beyond.”
In the second quarter of 2021, Engel & Völkers Florida reported 1,748 transactions; a 203-percent increase from deals seen in quarter two of 2020. The sales totaled a volume of $1,188,852,186; a 210-percent year-over-year increase. According to Zillow, the typical value of a home in Florida was $297,390, a 15-percent increase over the past year. Our average sales price was $799,610, nearly 169-percent higher than the state average. Year-to-date, the company has generated $2,031,982,848 in revenue.
A 43-percent increase in advisor growth was observed, with 93 professionals changing their brokerage affiliation to join Engel & Völkers shops throughout the state of Florida. Engel & Völkers Florida continues to account for 5-percent of the company's global network of 14,105 advisors.
Engel & Völkers Florida expanded their reach to include two new shops located in Palm Coast and Ponte Vedra Beach. The Master License Partner now operates a franchise network of 40 locations in Florida, which contributes to the 961 total shop count in 33 countries. Engel & Völkers Florida is continuing its franchise expansion efforts in premium first and second home markets throughout the state, as well as working closely with its existing franchisees to gain additional market share in protected areas.
SOURCE Engel & Völkers
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