License Partner John King continues to lead Ottawa’s premier luxury real estate brokerage for another decade
Engel & Völkers Ottawa announced today the renewal of its franchise agreement with Engel & Völkers, marking a decade of leadership in Ottawa’s high-end real estate market and committing to another 10 years under license partners John King and Larry Mohr. Engel & Völkers entered the Ottawa market in 2016, and over the past decade, Engel & Völkers Ottawa has expanded to four shops across the metropolitan region. The brokerage has become a dominant force in Ottawa’s luxury segment, representing 12 per cent of all properties sold over $1 million and a commanding six per cent of the overall market share. Their 150 advisors make up three per cent of the local real estate board.
“John and Larry’s vision and leadership have built one of the most accomplished brokerages in the Engel & Völkers Americas network,” said Stuart Siegel, president and CEO, Engel & Völkers Americas. “Ottawa is a discerning and competitive market, and our affiliated shops and advisors have consistently set the benchmark for service, expertise and results.” In the last decade, Engel & Völkers Ottawa has built on its foundation with consistent recognition and growth. From one of its earliest high-profile listings, the Ottawa home of Alanis Morissette, which garnered national attention and reinforced the Engel & Völkers network’s alignment with distinguished clientele, it consistently demonstrates its ability to deliver exceptional results.
Ottawa has become one of the brand’s top-performing shops in the Americas, consistently ranking in the top six by GCI and earning the Engel & Völkers Cup, which is awarded annually to the shop that best exemplifies the brand’s systems, tools and leadership. In recent years, the brokerage ranked second by number of transactions in the Americas, outpacing brokerages in major U.S. markets. Today, with four shops across the region and 10 advisors holding the prestigious Private Office designation reserved for top global real estate producers, they have solidified their role as a leader locally and across the global Engel & Völkers network.
“When we first brought Engel & Völkers to Ottawa in 2016, the brand was virtually unknown in the region,” said King. “Ten years later, we are proud of how our advisors and clients have embraced what we stand for — exceptional service, global reach and local expertise. Renewing our commitment for another decade is not just about growth, it’s about continuing to build a brokerage where advisors can thrive and where the Engel & Völkers standard of excellence defines Ottawa’s luxury market.”
This renewal strengthens Engel & Völkers Ottawa’s position as the trusted leader in luxury real estate. King and Mohr’s continued leadership provides the stability and vision advisors value, supporting both retention, recruitment and sustained success in Ottawa’s competitive market.
About Engel & Völkers
Engel & Völkers is a global luxury real estate brand. Founded in Hamburg, Germany, in 1977, Engel & Völkers draws on its rich European history to deliver a fresh approach to luxury real estate in the Americas with a focus on creating a personalized client experience at every stage of the home buying or selling process for today’s savvy homeowner. The Engel & Völkers network currently operates approximately 300 shop locations with approximately 6,000 real estate advisors in the Americas, contributing to the global Network of over 16,000 real estate professionals in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services, including real estate and yachting. Committed to exceptional service, Engel & Völkers supports its network of advisors with an array of premium quality business services; marketing programs and platforms; as well as access to its global network of real estate professionals, property listings, and market data. Each brokerage is independently owned and operated.
For more information, visit www.evrealestate.com.
