Browsing Tag

Brand Expansion

Sotheby's International Realty

Sotheby’s International Realty® Brand Expands Presence In Texas

Sotheby’s International Realty today announced that Staples Property Group LLC & Lake Palestine Real Estate, Inc. have joined the network and will now operate as Staples Sotheby’s International Realty. The addition marks the brand’s continued growth in the United States and its 25th office in the state of Texas.

Headquartered in the city of Tyler, Staples Sotheby’s International Realty will have three offices to service the areas of Tyler, Lake Palestine, and Palestine, Texas. The firm is owned and operated by Dana Staples, who brings 16 years of experience to the company.

“Known as the Rose Capital of America, the city of Tyler is making a name for itself,” said Philip White, president and CEO, Sotheby’s International Realty. “As we saw throughout the pandemic, buyers are continuously flocking to new markets in search of space, natural beauty, and lifestyle interests. The region is seeing increased interest from urban cities and Western states looking for a more relaxing pace of life. Dana and her team bring a well-rounded background to the brand, and I look forward to welcoming Staples Sotheby’s International Realty to the network and our continued expansion in Texas.”

“Many say Eastern Texas is a hidden treasure, and I must admit that I agree,” said Staples. “Tyler is truly a place where small town charm meets big city culture and with the growing interest in our region, it was important for us to align ourselves with a real estate company that mirrors our unwavering commitment to our clients. Our affiliation with Sotheby’s International Realty permits us to provide the best possible experience for our buyers and sellers and gives us the support we need to further expand our presence in the region.”

The company currently has 15 sales associates with plans for continued growth and is actively involved in the community supporting various local initiatives.

The Sotheby’s International Realty® network currently has nearly 25,000 affiliated independent sales associates located in over 1,000 offices in 77 countries and territories worldwide. Staples Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Expands Presence In Switzerland

Sotheby’s International Realty today announced that Steiger & Cie Sotheby’s International Realty has joined the network. The addition marks the brand’s continued growth in Europe and marks nearly 200 affiliated offices in the EMEIA region.

The firm, led by Florian Steiger in partnership with Oliver Herweg and Nicholas Koch, will operate in Verbier, Crans-Montana, and Zermatt, Switzerland. The region is famous for skiing, its breathtaking views, beneficial tax structures, and political stability.

View their listings in ZermattVerbier, and Crans.

Sotheby's International Realty

Sotheby’s International Realty Opens First Office In Bulgaria

Sotheby’s International Realty today announced that Iris Estates has joined the network and will now operate as Bulgaria Sotheby’s International Realty. The addition marks the brand’s continued growth in Europe and marks nearly 200 affiliated offices in the EMEIA region.

Bulgaria Sotheby’s International Realty is owned and operated by Hristo Angelkov in partnership with Andrei Manoukovski. The team brings more than 50 years of combined experience to the company, which is headquartered in the city of Sofia. The company will have two offices and will service the entire country.

“Bulgaria is an emerging market and is an attractive destination for residential developments, making it appealing for global investors,” said Philip White, president and CEO, Sotheby’s International Realty. “The country is seeing positive momentum, offers attractive prices, and is situated between major cities in Europe, Asia, and Africa. The luxury segment is well-positioned in the market, and I look forward to supporting Hristo and the entire Bulgaria Sotheby’s International Realty team as they continue to service the country.”

“As a leader in luxury residential real estate in Bulgaria, it was only natural for us to align with a brand like Sotheby’s International Realty,” said Angelkov. “From the beginning, our company focused on luxury and residential real estate and provided high-quality services to expats and diplomats. Due to the draw of investment opportunities, we expect to receive increased interest from other Western European countries and the Middle East from both investors and individuals alike. Our affiliation with Sotheby’s International Realty enables us to meet and exceed the needs of our clients while presenting these prospects to a global audience.”

The office currently has several sales associates supporting the region with plans for continued growth. The region offers a variety of lifestyle interests including skiing, golf resorts in the mountains and on the Black Sea coast, winter and summer resorts, and is an up-and-coming spa destination.

Manoukovski also successfully owns Moscow Sotheby’s International Realty, which services Russia, Cyprus, Kazakhstan, Hungary, and Slovenia, and has been operating for more than 10 years.

The Sotheby’s International Realty® network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Bulgaria Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Opens First Office In Jamaica

Sotheby’s International Realty today announced that Reside Realty Ltd. has joined the network and will now operate as Jamaica Sotheby’s International Realty. The addition marks the brand’s continued growth in the Caribbean and comes at a time of increased interest in secondary and resort markets. The addition follows the brand’s recent expansion into St. Kitts & Nevis and marks its 30th affiliated office in the Caribbean.

Jamaica Sotheby’s International Realty is owned and operated by Julian Dixon and Alexander Melville who bring a collective 27 years of experience to the company. The office will be headquartered in the city of Kingston and will service the surrounding island including St. Andrew, Montego Bay, Ocho Rios, and more.

“Jamaica offers a diverse luxury lifestyle which appeals to a wide variety of buyers,” said Philip White, president and CEO, Sotheby’s International Realty. “In recent years, closed transactions have seen steady growth and new construction is booming on the island. The Jamaican market has historically appreciated year-after-year with interest from domestic and international interest in North America, Europe, Canada, and most recently the Middle East, motivated by the island’s many opportunities and its tourism sector. I want to welcome Julian and her team to the network and look forward to working together to support the island.”

“Jamaica is famous for the tag line ‘no problem’ and this is true of the culture and lifestyle,” said Dixon. “I have always admired the Sotheby’s International Realty brand and their philosophy towards client satisfaction connects with our culture and mission. The island offers promise to buyers seeking opportunities through business ventures, vacation homes, retirement, and income-earning properties. Our affiliation with Sotheby’s International Realty will be the first of its kind on the island and will bring value, excitement, and global recognition to our market.”

The office currently has several sales associates supporting the island with plans for continued growth.

The Sotheby’s International Realty® network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Jamaica Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Opens First Office In Morocco

First seen on the Sotheby’s International Realty Blog

Sotheby’s International Realty today announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200.

Morocco Sotheby’s International Realty is owned and operated by David Chicard who brings 15 years of experience to the company. The office is located in the city of Marrakech and will service the surrounding region, with plans for future expansion in Essaouira, Tangier, and Rabat. The office will be led by Nicolas Beguin, who has lived in Moroccofor almost 20 years.

“Morocco offers a stable and inviting environment for global investors,” said Philip White, president and CEO, Sotheby’s International Realty. “The country attracts interest from Americans, Middle Easterners, and investors due to its proximity to Western Europe and Marrakech is a promising international city with a growing high-end segment. I am encouraged by our continued expansion and greatly look forward to supporting the Morocco Sotheby’s International Realty team.” 

“Morocco has something for every buyer,” said Chicard. “The region offers a cost-effective alternative to Europe and possesses a variety of highly coveted properties that suit buyer interests including villas for those looking to align their living situations with golf and riads located in the historic heart of the city. My industry experience and our affiliation with Sotheby’s International Realty further enables us to grow our business in the country, and on a global scale, while catering to the needs of our buyers and sellers.”

Chicard also successfully owns and operates three Sotheby’s International Realty® affiliated offices in Belgium, which have been operating since 2014 and generated a total sales volume of US$226M in 2020.  

The Sotheby’s International Realty® network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Morocco Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Continues To Expand In Caribbean As Region Experiences Increased Interest And Growth

Sotheby’s International Realty today announced its expanding presence in the Caribbean with the opening of St. Kitts & Nevis Sotheby’s International Realty. The addition signifies the brand’s continued growth in the region, bringing its total number of Caribbean offices to nearly 30. The announcement comes at a time when the Caribbean market is experiencing tremendous growth as the ability to work remotely spurred increased interest in second home and investment properties.

St. Kitts & Nevis Sotheby’s International Realty is owned and operated by Neil Paine. The company possesses more than 25 years of real estate experience and is headquartered in Belmont Garden, Nevis, and will service the dual islands of St. Kitts and Nevis.

“The Caribbean continues to generate significant growth and interest,” said Philip White, president and CEO, Sotheby’s International Realty. “Many of our existing affiliates in the region have reported record-breaking sales volume and history-making average sales prices in 2020 and the first quarter of 2021. St. Kitts and Nevis is a dual-island Caribbean destination, often considered a hidden sanctuary, that is seeing its luxury market expand due to increased interest from ex-pats, pre-retirees, high-net-worth individuals, high-profile athletes, and investors, thanks to its golden visa program. We look forward to supporting Neil and the entire St. Kitts & Nevis Sotheby’s International Realty team.”

“When someone asks us to list their home or to help them find their dream property, they are inviting us to partner in a powerful step in their future,” said Paine. “The incredible topography and landscape of the islands is what defines the real estate market in St. Kitts and Nevis and luxury buyers have a tremendous opportunity to select from beachfront properties or mountainside estates, set in lush rainforest environments. Our affiliation with Sotheby’s International Realty enables us to give St. Kitts and Nevis the exposure and attention that it deserves.”

St. Kitts & Nevis Sotheby’s International Realty is actively involved in the non-profit group Siembra Vida which aims to lift vulnerable communities throughout the Caribbean and Latin America through farm-to-table experiences.

The announcement of St. Kitts & Nevis Sotheby’s International Realty supports the brand’s strategic growth plans for the Caribbean and follows the brand’s recent expansion in Antigua & Barbuda late last year.

The Sotheby’s International Realty® network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 74 countries and territories worldwide. St. Kitts & Nevis Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Brand Opens First Office In Oman

Sotheby’s International Realty today announced its expanding presence in the Middle East with the opening of Oman Sotheby’s International Realty. The addition of Oman Sotheby’s International Realty signifies the brand’s continued growth and its third affiliated company in the region.

Oman Sotheby’s International Realty is owned by Alfardan Group and is led by Faisal Al Shanfari, country manager, who brings 20 years of experience to the company.

“Oman is widely considered to be a welcoming place to live and work, with a large expat community,” said Philip White, president and chief executive officer, Sotheby’s International Realty. “The Omani government recently implemented the 99-year lease and free hold zones, further providing expats with the confidence to invest and buy property in Oman. We also know from our 2021 Luxury Outlook report that countries, with scenic landscapes and waterfront views are generating tremendous interest, and Oman offers both. We look forward to working with Faisal and the entire Oman Sotheby’s International Realty team to grow their business in the country.”

“The market in Oman is improving and moving faster than ever,” said Faisal Al Shanfari “Our mission is to deliver the highest quality of service to our clients. Aligning our company with Sotheby’s International Realty not only builds on that commitment, but it also provides our agents with a global resource for marketing extraordinary properties in prime locations and key areas in Oman, and the brand’s vast network enables us to serve our Omani clients seeking luxury and resort properties around the world.”

Oman Sotheby’s International Realty is headquartered in Muscat, Oman and will serve the surrounding areas.

The Sotheby’s International Realty® network currently has nearly than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide. Oman Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Damianos Realty

Sotheby’s International Realty Expands Its Presence In Ohio

Sotheby’s International Realty announced that it is expanding its presence in Ohio with the opening of Elite Sotheby’s International Realty. The addition marks the brand’s continued growth in the state and its third affiliated company in Ohio.

Elite Sotheby’s International Realty is owned by Ken Schmidt and Mike Schmidt and will be led by Managing Broker Joanne Zettl who together bring more than a century of combined real estate experience to the company. Elite Sotheby’s International Realty is located in the city of Pepper Pike and will serve the residential and luxury real estate markets in the Greater Cleveland area.

“The North Coast of Lake Erie has a long history of luxury neighborhoods and grand properties,” said Philip White, president and CEO of Sotheby’s International Realty. “Luxury real estate represents the top 10% of the market and the area is seeing increased interest from local buyers migrating back to Ohio from other Midwest cities and east metropolitan markets. Our affiliation with Elite Sotheby’s International Realty marks the brand’s expanding presence in the region and we are pleased to welcome them to our network.”

“The Greater Cleveland area is home to a number of attractions including the second-largest performing arts center in the country and the Lake Erie shoreline,” said Mike Schmidt. “We are seeing increased interest in our market from buyers looking to capitalize on space while still having access to arts and culture. Our affiliation with Sotheby’s International Realty enables us to reach a broader international audience and further enhances our existing marketing efforts thanks to the brand’s innovative virtual reality tools and marketing platforms.”

Elite Sotheby’s International Realty has one office in the area with plans for continued growth. The company is actively involved in the local community, previously supporting the Cleveland Clinic Children’s hospital and various community efforts.

The Sotheby’s International Realty® network currently has more than 23,000 affiliated independent sales associates located in approximately 1,000 offices in 72 countries and territories worldwide. Elite Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty® Brand Opens First Office In South Korea

NEW YORK, N.Y. (Dec. 30, 2020)Sotheby’s International Realty today announced that WP Realty in the country of South Korea is the newest member of its global network and will now operate as Korea Sotheby’s International Realty. The addition marks the brand’s first affiliated office in the country and its continued strategic growth in Eastern Asia, bringing its presence in the region to 18 offices.

Korea Sotheby’s International Realty is led by Chair, Dr. Lei Wang, and Co-Chair, Tiffany Park, who bring 35 years of real estate experience to the company. Korea Sotheby’s International Realty is headquartered in the capital city of Seoul and will serve the residential markets of Seoul, Gyeonggi-do, and the surrounding areas.

“South Korea’s economic strength and geographical advantage as a peninsular country greatly appeal to global investors and luxury buyers,” said Philip White, president and CEO, Sotheby’s International Realty. “The market is seeing a significant rise in luxury real estate and high-rise developments, making it a prime location for expansion. Dr. Wang and his team have a strong understanding of the local market and we are proud to have Korea Sotheby’s International Realty as our affiliate in South Korea.”

“From a global perspective, we are seeing interest from investors in China, Japan, and the United States, in addition to an increased demand from local luxury buyers,” said Dr. Wang. “Aligning our company with Sotheby’s International Realty enables us to capitalize on our shared vision of artfully uniting extraordinary properties with extraordinary lives and will permit us to showcase our listings on an international scale.”

Korea Sotheby’s International Realty has experience working with investors, luxury buyers, and developers with plans to work alongside luxury hotel brands to develop residential resale in the market. The company is actively involved in the local community participating in various art and educational initiatives.

The Sotheby’s International Realty network currently has more than 23,000 affiliated independent sales associates located in approximately 1,000 offices in 72 countries and territories worldwide. Korea Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty

Sotheby’s International Realty Brand Expands Presence in Caribbean and Opens First Office in Antigua and Barbuda

NEW YORK, N.Y. (Dec. 17, 2020) – Sotheby’s International Realty today announced that Majestic Realty Caribbean Limited in the country of Antigua and Barbuda is the newest member of its global network and will now operate as Antigua & Barbuda Sotheby’s International Realty. The addition marks the brand ́s first affiliated office in the country and its continued strategic growth in the Caribbean, bringing its total office count in the region to nearly 30.

Sharilyn Cort is a founding member and majority owner of Antigua & Barbuda Sotheby’s International Realty and brings 15 years of real estate experience to the company. The company is headquartered in St. John’s, Antigua, led by Kaye McDonald, Director of Sales, and has four agents serving the twin islands of Antigua and Barbuda.

“As we have seen throughout 2020, consumers are increasingly interested in locations that offer safe refuge, open space, and lifestyle,” said Philip White, president and chief executive officer, Sotheby’s International Realty. “Antigua and Barbuda is a beautiful country in the Eastern Caribbean and offers a vibrant luxury real estate market primed for discerning global real estate investors with its easy access to international airports and seaports. We look forward to working with Sharilyn, Kaye, and the entire Antigua & Barbuda Sotheby’s International Realty team.”

“The luxury real estate market in Antigua and Barbuda is of a high standard, signaling to investors that they can enjoy full value for their investment and low holding costs,” said Cort. “We are enthusiastic about the development growth and luxury property offerings on the twin islands and our affiliation with Sotheby’s International Realty provides a strategic advantage to grow our presence on an international scale. Like Sotheby’s International Realty, we pride ourselves on a bespoke approach in that each client experience is unique and we tailor our services to meet our clients’ individual requests.”

Antigua & Barbuda Sotheby’s International Realty offers a full spectrum of real estate services including purchasing, selling, and renting real estate in Antigua and Barbuda. The twin-island paradise of Antigua and Barbuda enjoys a comfortable tropical climate year-round and is steeped in history and culture with modern comforts and conveniences.

The Sotheby’s International Realty® network currently has more than 23,000 affiliated independent sales associates located in approximately 1,000 offices in 72 countries and territories worldwide. Antigua & Barbuda Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.

Sotheby’s International Realty

Sotheby’s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby’s auction house. Today, the company’s global footprint spans approximately 1,000 offices located in 72 countries and territories worldwide, including 45 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Realogy entered a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.

The affiliate network is operated by Sotheby’s International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby’s International Realty, Inc. Both entities are subsidiaries of Realogy Holdings Corp. (NYSE: RLGY) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby’s International Realty Affiliates LLC and Sotheby’s International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.