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Expansion

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 Announces Affiliation with Expansión to Launch First-Ever Global Real Estate Portal in the Mexican Market

Sotheby’s International Realty is the exclusive launch sponsor of a new, multi-lingual real estate portal on one of Mexico’s leading business publications, Expansión. Sotheby’s International Realty is the first luxury real estate brand to showcase its listings to prospective homebuyers on the marketplace and the affiliation marks a first for the real estate industry in the Mexican market. 

“As the only truly international luxury real estate brand, our affiliation with Expansión and Grupo Expansión enables us to deliver even broader global exposure for each of the impressive listings represented by the Sotheby’s International Realty® network,” said Brad Nelson, chief marketing officer of Sotheby’s International Realty. “The affiliation with Expansión not only promotes our exciting properties to a luxury and business audience, it also builds on our history of encouraging technological advancement in the real estate industry in global markets.”

Expansión is a multi-platform business outlet covering finance, technology, arts and lifestyle with a reach of more than 15 million readers. The publication is a part of Grupo Expansión, a Mexican media group, that publishes eight print tiles and seven digital websites, reaching a combined total of more than 22 million readers. 

Sotheby’s International Realty will maintain exclusivity for the real estate portal for one year. Together with Grupo Expansión, the brand will drive traffic and promote the launch of the new real estate platform across the publishing group’s top titles including, Elle Decor, Quién, Expansión, Obras and Life and Style in both print and digital formats.

The Sotheby’s International Realty brand’s affiliation with Expansión not only expands the brand’s global reach, it reinforces the brand’s continued focus on technology and pioneering the real estate experience in international markets.

Sotheby’s International Realty has helped to launch global real estate portals in top-tier publications such as Bloomberg, Mansion Global, The Financial Times in Europe, NIKKEI in Asia, and more. 

To visit the Sotheby’s International Realty brand on the Expansión real estate portal, click here. To learn more about Sotheby’s International Realty, click here.

Sotheby's International Realty

Sotheby’s International Realty Brand Expands in Brooklyn

MADISON, N.J. (January 28, 2020) – Sotheby’s International Realty Affiliates LLC today announced that its independently owned and operated affiliate, Warren Lewis Sotheby’s International Realty in Brooklyn, has merged with local firm, Brooklyn Bridge Realty. Warren Lewis Sotheby’s International Realty has rebranded the combined operations and will operate going forward as Avenue Sotheby’s International Realty.

“Warren Lewis Sotheby’s International Realty, now Avenue Sotheby’s International Realty, has achieved notable success in its local market,” said Philip White, president and chief executive officer, Sotheby’s International Realty. “The merger strengthens the firm’s position to serve its clientele and we are proud to support their continued growth.”

Aroza Sanjana and Jose Nunez are broker/owners of Avenue Sotheby’s International Realty and will remain at the helm of the operation. J. Jean Austin, former broker/owner of the merged office will also join the company.

“Brooklyn Bridge Realty is a valued company that has been serving the community for nearly 30 years,” said Aroza Sanjana. “We are proud to welcome J. Jean Austin and her team to our organization. We share a likeminded approach in marketing properties in the best possible light and providing our clients with astute market insight. The merger further allows us to build our team and continue to offer an unparalleled level of service to our clients.”

Avenue Sotheby’s International Realty now has a total of 48 sales associates and three office locations in Park Slope, Williamsburg and Cobble Hill. The company is also actively involved in the community supporting initiatives such as the Shield Institute, which works to help children and adults on the autism spectrum, and the Real Estate Board of New York.

The Sotheby’s International Realty network currently has more than 23,000 affiliated independent sales associates located in nearly 1,000 offices in 71 countries and territories worldwide. In 2018, the brand achieved a record global sales volume of $112 billion USD. Avenue 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.

 

About 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 nearly 1,000 offices located in 71 countries and territories worldwide, including 44 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Realogy entered into 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. Sotheby’s International Realty Affiliates LLC and Sotheby’s International Realty Inc., both fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

 

CONTACT

Melissa Couch
PR Manager
Sotheby’s International Realty Affiliates LLC
973-407-6142
melissa.couch@sothebysrealty.com

SOURCE Sotheby’s International Realty Affiliates LLC