Katy, T.X. and New York, N.Y. [June 14, 2018] – Engel & Völkers today announced the opening of its newest real estate shop, Engel & Völkers Katy. Formerly Imagine Realty International, the brokerage will continue to be led by license partner and managing broker Vickey Wachtel and Norman Wachtel, who will also serve as a license partner. Located just 30 miles outside of Houston, Engel & Völkers Katy will service home buyers and sellers in the Katy, Fulshear, West Houston and Memorial areas.
“As housing inventory in the Houston market moves quickly, we are seeing excess demand in areas such as Katy and surrounding suburbs,” said Anthony Hitt, president and CEO, Engel & Völkers Americas. “Katy is known for having one of the highest rated school systems in Texas making the area especially attractive to families, along with rising oil prices that will continue draw employees from around the world to the Houston oil corridor. The housing market in Katy is poised for growth, and Vickey’s extensive market knowledge and international experience will be a key asset to our brand expansion in Texas.”
Engel & Völkers Katy will be located at 22210 Highland Knolls, one of the thoroughfares central to Katy’s many residential areas, where the bulk of the housing market’s inventory is located. The master planned communities that characterize Katy’s housing market allow for maximum use of limited space, and abundant community recreation areas and limited commercial construction help to protect property values.
“Over the past 25 years Katy has transformed from a rural, sparsely populated suburb of Houston into a thriving and diverse family-first community, renowned the world over for its top-rated educational institutions,” said Wachtel. “We see buyers come from all over the world, especially South America, China, and the Middle East, and having lived abroad myself for 12 years, I fully understand the value of partnering with Engel & Völkers, a truly collaborative, global real estate company. Beyond its international reach, Engel & Völkers will bring a new standard of luxury service to Katy real estate, and we couldn’t be more excited to be at the helm of this evolution.”
Engel & Völkers operates a global network of over 10,000 real estate advisors in more than 30 countries. For more information, visit katy.evusa.com.
About Engel & Völkers
Since its beginning in 1977 as a specialty boutique providing exclusive, high-end real estate services in Hamburg, Germany, Engel & Völkers has become one of the world’s leading companies specializing in the sale and lease of premium residential and commercial property, yachts and private aviation. Engel & Völkers currently operates a global network of over 10,000 real estate advisors in more than 30 countries, offering both private and institutional clients a professionally tailored range of luxury services. Committed to exceptional service, Engel & Völkers supports its advisors with an array of premium quality business services; marketing programs and tools; multiple platforms for mobile, social and web; as well as access to its global network of real estate professionals, property listings and market data. Each brokerage is independently owned and operated.