Engel & Völkers is a German company that provides services related to real estate transactions.

[10] Besides, the training and continuing education of real estate agents were professionalized in the international Engel & Völkers Academy.

In the run-up to the introduction of the franchise system in 1998, the entire branding of the Engel & Völkers' group was standardized in 1995.

[1] In 2014, Sven Odia was appointed co-chief executive officer of the management board of Engel & Völkers.

He pushed the development of new business areas, for example by founding new companies, such as for the brokerage of real estate financing.

[33] In 2020, Engel & Völkers attracted criticism for the failed real estate investments of its franchise firms.

The franchisor rejected calls to accept responsibility for the franchisees' investments, describing them as financially and legally independent.

[34][35][36][37] In 2021, Engel & Völkers generated commission revenues of more than 1 billion euros for the first time - with major business growth in the U.S.[38]