The property market will always be one of the main pillars that sustain Spain's economy. Traditionally, when everything has gone well for this sector, it means the country will remain in tip top condition, while when its corporate network breaks down, the country also falls apart. In any case, there is no doubt that with the data in hand, 2018 is going to be a year of growth and boom in the property sector.
Engel & Völkers as a symbol of economic recovery
The best proof of this clear economic recovery based on the improvement of the real estate sector can be found in Engel & Völkers. The company, which specialises in brokerage services for the purchase, sale and rental of high standing properties in Spain and in 70 other countries around the world, has participated in property transaction operations within the Iberian Peninsula that, as a whole, have reached a value of 1945 million euros in 2017 alone.
Why is it a good idea to join the property market in 2018?
If this data is compared with the 1425 million euros in 2016, it can be concluded that Engel & Völkers has grown by 37% during the past year within the Spanish, Portuguese and Andorran market. To this we should add the activity of the company in the Canary Islands and the Balearic Islands; the two strategic regions for its operation.
Another fact that confirms the excellent state of the real estate market and a company like Engel & Völkers is that, during 2017, it completed a total of 2790 sales transactions, which means a growth of more than 24%. In addition, the average value of each of these operations was 660,000 euros, which is 10% compared to the previous year.
Regarding the rental market, which is currently in an excellent situation, Engel & Völker increased its operations by 20% to reach 2673 in 2017. Without doubt, a significantly better data back in 2016 with 2218, which was already considered excellent at the time.
Engel & Völkers will be hiring 100 consultants in Madrid
Currently, Engel & Völkers has more than 10,000 staff members spread over its more than 800 offices around the world. In fact, it is expected that in 2018, the company will open 50 new property shops in just as many locations as a continuation of their unstoppable current expansion process. This will result in the hiring of 1100 new real estate consultants.
However, the brand will make a special effort to strengthen the commercial structure of the company in Spain with the purpose of taking advantage of the excellent opportunity in which the national real estate market is located. For this reason, a few days ago there was an announcement that Engel & Völkers will be recruiting 100 more consultants in Madrid. This is great news for specialists in the sector and for those looking for a new job opportunity.
The main advantages of becoming a property consultant for Engel & Völkers
It has already become clear that Engel & Völkers has grown by 37% during the last year alone. If you analyse this data, you will realise how difficult it is to find a company that's capable of growing at such speed and attests to its knowledge and ability to conquer a market as complex and advantageous as real estate.
It is also worth bearing in mind that the profit margins and commissions earned by a property consultant are very high. In fact, these commissions include a percentage of the sale price. Engel & Völkers is a luxury real estate company with properties that sell for an average price of over 650,000 euros. This is why its advisers can make very high profits from every sale they complete successfully.
These are excellent benefits when compared with those consultants who work in other types of businesses such as, for example, life, home, car insurance, or banking. Therefore, it takes just as much effort to work as a property agent - but you can earn more money in commissions.
In addition, real estate consultants enjoy a number of additional benefits. For example, since they work independently, they have a very high time flexibility, which allows them to organise their work, personal and family life more easily. They also work towards objectives, which implies a greater degree of motivation and the certainty that they will end up achieving great results.
In summary, with the hiring of 100 new consultants, Engel & Völkers in Madrid will offer an opportunity for growth, personal development and career success within the real estate sector. This is why we want to invite you to take advantage of this opportunity and become part of the selection process that the company is going to carry out.