Los Angeles 5/4/2009 11:30:26 PM
News / Business

From New York to LA Opportunities Knocks

European Real Estate Shop Franchise Expands

The international 30-year-old Germany-based brokerage Engel & Völkers is expanding its U.S. operations by opening locations on both sides of the continental US.

Recent openings along the east coast include Scarsdale and Southampton while offices in Manhattan are on the drawing board. According to Jonathan Lerner, managing director of the Southampton and Scarsdale offices, he said they hope to have five offices in Westchester and two more in the Hamptons by 2011.

Meanwhile on the west coast Engel Volkers just finalized agreements to open offices in Beverly Hills, Bel Air and Westwood according to Mathias Bode, President of Engel & Volkers California. The first Engel and Volkers residential real estate shop in California is scheduled to open in July 2009.

Engel & Völkers has 555 franchises worldwide and only expanded to the US three years ago. Since then the firm has opened offices in Florida, Connecticut, Massachusetts, Vermont and Rhode Island. Based on their global success, the company has developed into an internationally operative licenser for high-end real estate. They offer a unique licensing concept that ensures that its current and future partners to get a good return on their investments.

Today, E&V license partners throughout the world are able to profit from the success of a constantly growing network of Engel & Völkers shops. This unique brand, coupled with the fact that it is the only shop franchise in residential real estate in the US, offers a very interesting proposition for forward thinking real estate professionals.

For more information about E&V in California visit www.EVCalifornia.com