Engel & Völkers is joining forces with Carros Group, a real estate brokerage that for more than five years operated as Sotheby’s highest-grossing Vancouver office, the company says.
“Working with Sotheby’s has been a great experience, but when Engel & Völkers approached me a few months ago, I saw this as an opportunity to grow and elevate client services in Vancouver,” says Greg Carros, president of Carros Group. Working with Engel & Völkers gives Carros an opportunity to own a franchise.
He estimates that his office has completed $600 million in business during the last two years.
“Well-known in the industry for serving exclusive clientele, the Carros Group has managed some of Vancouver’s most iconic properties,” says Anthony Hitt, CEO of Engel & Völkers North America. “The Vancouver team’s experience and innate knowledge of the city’s luxury marketplace will seamlessly combine with Engel & Völkers’ global network to best serve Vancouver’s premier real estate needs.”
This office will be the ninth Engel & Völkers to open in recent months across Canada.
The Carros team will operate from its same Yaletown office at 1152 Mainland, with the transition to Engel & Völkers to be complete by Dec. 1.
“We currently have 35 agents in our Downtown Vancouver office, and that number is expected to rise,” said Carros. He says he is already planning to open offices on the West Side, East Vancouver, West Vancouver and North Vancouver.
Engel & Völkers’ current Canadian offices are in Toronto, York Region, Ont., Collingwood, Ont., Victoria, Calgary, Montreal, Mont-Tremblant, Que. and Nanaimo, B.C. The company was established in Germany 38 years ago.