Browsing Tag

Sothebys International Realty

Damianos Sotheby's International Realty

Damianos Sotheby’s International Realty Celebrates The Opening Of New Flagship Office At Windsor Business Park

NASSAU, The Bahamas (September 1, 2021) — George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty, and Lana Rademaker, Chief Brokerage Officer, are pleased to announce that the headquarters for Damianos Sotheby’s International Realty, one of the pioneering companies in the downtown business district of Nassau in the 1940s, has relocated to its new home just west of the Lynden Pindling International Airport in Windsor Business Park.

The team of 20 expert brokers and agents operating out of Damianos Sotheby’s new flagship office is led by Chief Brokerage Officer and co-owner, Lana Rademaker.

“Our Shirley Street office served us well for over seven decades, and we are proud to have been a part of the downtown business corridor for so long,” said Rademaker. “But our sales and marketing team has grown so significantly over the past few years that we found we were outgrowing that space. Creating an inviting and collaborative environment that comfortably accommodates our team yet allows for future growth guided our design strategy. We are excited for our office to once again become a hub for business activity that draws in our clients and encourages them to engage with our sales agents.”

In addition to providing more space for team members to convene, the newly built-out 5,000-sq. ft. headquarters provides Damianos Sotheby’s International Realty agents with the opportunity to better serve their clients as well as the thriving communities around New Providence.

“When we set out to identify our new location, we did so very mindfully,” Rademaker said. “Our goal was not only to build a modern new head office, but to create a second home for our team members that would encourage gathering, professional development and the cultivation of relationships both internally and externally.  Investing in an environment that inspires career advancement and peak performance is what defines our corporate culture. This is the legacy upon which this company was built, and it’s what sets us apart from our competitors.”

The Damianos Sotheby’s International Realty team of sales associates prides itself on setting the standard of excellence through innovative marketing, personalized service and local expertise.  Founded in 1945, the company remains steadfast in upholding its core values of integrity,  transparency and the curation of long-term relationships based on a high standard of ethics. With 8 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has 8 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office Windsor Business Park, Windsor Field Road. For additional information, please contact 242-322-2305 or Info@SIRbahamas.com.

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

September 1, 2021 by
Damianos Sotheby's International Realty

Introducing The Baha Mar Residences Specialists

Bahamas Sotheby’s International Realty, a subsidiary of Damianos Sotheby’s International Realty, has been selected to exclusively represent Baha Mar Residences, the only Caribbean residential ownership project featuring impeccable turnkey residences by two acclaimed hotel brands: Rosewood Hotels & Resorts and SLS Baha Mar. We are honored to represent these extraordinary properties and iconic hotel brands.

Baha Mar has created an exceptional destination and we take great pride in showcasing the exclusive Rosewood Baha Mar and SLS Baha Mar Residences across international markets. The Residences at Baha Mar offer the ideal lifestyle experience for homeowners seeking the privacy of a luxury home paired with the amenities of a world-class resort destination. Baha Mar provides residential owners with access to a wide range of on-site amenities, including Royal Blue, the Jack Nicklaus championship golf course, tennis at Baha Mar Racquet Club and spa services at ESPA, along with a wide variety of signature culinary experiences and Baha Bay, a newly opened state-of-the-art beachfront waterpark. These amenities paired with the resort’s rental program make ownership at Baha Mar even more attractive for clients looking for a luxury live-work-play lifestyle.

Bahamas Sotheby’s International Realty launched its residential sales in Spring 2021 which coincided with the reopening of the Rosewood Baha Mar & SLS Baha Mar. Demand for the unprecedented service, extraordinary amenities and unique elegant lifestyle offered only to residential owners at Baha Mar is highlighted by growing sales momentum. The strength of the Sotheby’s International Realty global network combined with our robust proprietary marketing platform and local professional expertise uniquely positions our sales specialists to serve our clients in the most seamless, technologically advanced method currently available in our industry.

Our Baha Mar Sales Specialists are located in The Residences Sales Gallery adjacent to Sugar Factory at the Baha Mar Rotunda Shops.

August 30, 2021 by
Sotheby's International Realty

Sotheby’s International Realty Significant Sales | June 2021

From the sale of a US$28.5m Southampton home to the sale of an unrivaled estate in Crete, here are five Significant Sales from June 2021 represented by the Sotheby’s International Realty® global network.

Southampton, New York

Sold for $28,500,000 | Harald and Bruce Grant, Sotheby’s International Realty – Southampton Brokerage

Singapore

Sold for $43,666,000 SGD | Steve Tay, List Sotheby’s International Realty 

Henderson, Nevada

Sold for $25,000,000 | Kristen Routh Silberman, Synergy Sotheby’s International Realty 

Crete, Greece

Price Undisclosed | Savvas Savvaidis and Despina Laou, Greece Sotheby’s International Realty 

Curaçao

Sold for $3,472,445 | Ray Seijs, Curaçao Sotheby’s International Realty

July 26, 2021 by
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.

July 22, 2021 by
Damianos Sotheby's International Realty

DAMIANOS SOTHEBY’S INTERNATIONAL REALTY ANNOUNCES RECORD-BREAKING YEAR FOR FIRST HALF OF 2021

NASSAU, The Bahamas (June 28, 2021) — Built-up demand, amplified digital marketing efforts and excellence in all aspects of customer service have added up to a record-breaking six months so far this year for Damianos Sotheby’s International Realty.

“At the beginning of 2021, we were hopeful that our market would experience signs of recovery due to the easing of local restrictions and the reopening of international travel,” said Lana Rademaker, Chief Brokerage Officer for the real estate firm. “However, the level of activity throughout The Bahamas since January has far exceeded our expectations and has broken all previous years’ sales records. Inventory is at a historical low and demand remains very strong, especially in the luxury markets. “

Rademaker added that Damianos Sotheby’s International Realty has experienced a 300% increase in sales volume YTD over 2020 and has achieved a new history-making average sales price of $2,700,000.

“Properties in highest demand have been those located in top tier luxury gated communities like Lyford Cay, Old Fort Bay and Ocean Club Estates. We are also experiencing a surge in condo sales, vacation homes and vacant land investments from both local and international purchasers. While Nassau was the first market to feel the turnaround, activity in Abaco, Eleuthera and Exuma soon followed with sales activity now at unprecedented levels,” Rademaker said.

The vacation rental market has also seen accelerated growth in 2021.

“Prior to 2020, our rental business was typically seasonal, with the bulk of inquiries coming in during winter and holidays like spring break,” Rademaker said. “But we saw virtually no decline in inquiries throughout 2020, and 2021 is looking much the same. With the popularity and ease of working and attending school remotely these days, buyers are taking the option to rent for a few months to get a real feel for the communities where they’re considering purchasing.”

Another stellar boon for the company’s bottom line in 2021 has been its strategic partnership with Baha Mar to exclusively represent Baha Mar Residences, the only Caribbean residential ownership project featuring impeccable turnkey residences by two acclaimed hotel brands: Rosewood Hotels & Resorts and SLS Baha Mar. This alliance has catapulted Damianos Sotheby’s International Realty listings volume to $925 million YTD.

“Working with Baha Mar has been the most impactful strategic move we’ve made in the 76-year history of our company, with the exception of becoming a Sotheby’s International Realty franchise in 2005,” Rademaker said.  “We cannot be more pleased to have been awarded the honor of exclusively representing these extraordinary residences.”

Rademaker also attributes this year’s phenomenal sales numbers to the company’s culture which emphasizes innovation, professionalism and market expertise,  attracting the most elite real estate professionals in The Bahamas and resulting in the highest caliber of service for clients.

“Despite the challenges and obstacles faced in 2020, our team pivoted and persevered, capitalizing on the enduring relationships we’ve cultivated with our clients over many years, and I think this set a strong foundation for us as we entered 2021,” said Rademaker. “Instead of entering the year at a deficit, we simply built on the steady flow of business we maintained throughout 2020.  As the leading real estate brokerage in The Bahamas, Damianos Sotheby’s International Realty continues to grow in strength and numbers. Developing, mentoring and nurturing our team members are top priorities for our leadership team, and that’s reflected in our remarkable track record of success.”

Damianos Sotheby’s International Realty has been an industry leader since 1945 specializing in the listing, marketing and sale of luxury and waterfront properties. With 10 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

About Damianos Sotheby’s International Realty
Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2305 or Info@SIRbahamas.com.

About Sotheby’s International Realty
The Sotheby’s International Realty network currently has approximately 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

June 28, 2021 by
Sotheby's International Realty

Sotheby’s International Realty Continues To Top Individual Sales Volume Category In REAL Trends “The Thousand”

Sotheby’s International Realty is pleased to announce that it is the No. 1 real estate brand represented in the 2021 REAL Trends “The Thousand” Individuals by Sales Volume list. Year after year, the brand continues to have more sales associates represented in the rankings than any other real estate company, accounting for 20% of the category in 2021. The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2020 annual sales volume and transaction sides.

Sotheby’s International Realty claimed 50 of the top 250 sales associates in the REAL Trends individual sales volume category.

“Sotheby’s International Realty continues to build off the momentum of a record-breaking year in 2020,” said Philip White, president and chief executive officer. “Sotheby’s International Realty leads the industry in the individual sales volume category and the rankings exemplify the hard work and achievements of our sales associates and teams across the country. Their performance made significant contributions to the brand’s record US$150 billion in global sales volume last year and we are proud to count them as ambassadors of the Sotheby’s International Realty brand.”


2021 REAL Trends “The Thousand” Rankings (Listed in Alphabetical Order):


Top Agents by Sales Volume

Chris Adlam, Vista Sotheby’s International Realty

Scott Aurich, Pacific Sotheby’s International Realty

Dusty Baker, Sotheby’s International Realty – Montecito Brokerage

Joseph Barbieri, Sotheby’s International Realty – Greenwich Brokerage

Serena Boardman, Sotheby’s International Realty – East Side Manhattan Brokerage

Frank Bodenchak, Sotheby’s International Realty – Bridgehampton Brokerage

Michael Cannon, Realogics Sotheby’s International Realty

Daniel Casabonne, Sotheby’s International Realty – Wine Country Brokerage

Olivia Decker, Golden Gate Sotheby’s International Realty

Huai Ling Deng, Daniel Gale Sotheby’s International Realty

Robert Dullnig, Kuper Sotheby’s International Realty

Andrew Ernemann, Aspen Snowmass Sotheby’s International Realty

Harald Grant, Sotheby’s International Realty – Southampton Brokerage

Faisal Halum, Briggs Freeman Sotheby’s International Realty

Rylan Jacka, Sotheby’s International Realty – East Hampton Brokerage

Chris Klug, Aspen Snowmass Sotheby’s International Realty

Michael LaPay, Summit Sotheby’s International Realty

Eric Lavey, Sotheby’s International Realty – Beverly Hills Brokerage

Mary Lee, Ocean Reef Club Sotheby’s International Realty

Jill Levy, Golden Gate Sotheby’s International Realty

Jody Lovell, Highlands Sotheby’s International Realty

Ginger Martin, Sotheby’s International Realty – Wine Country Brokerage

Michael Martinez, ONE Sotheby’s International Realty

Kerrie Marzot, Sotheby’s International Realty – Falmouth Brokerage

Leslie McElwreath, Sotheby’s International Realty – Greenwich Brokerage

Chase Mizell, Atlanta Fine Homes Sotheby’s International Realty

Craig Morris, Aspen Snowmass Sotheby’s International Realty

Helena Morton, Ocean Reef Club Sotheby’s International Realty

Patty Murphy, Sotheby’s International Realty – Santa Ynez Valley Brokerage

Pamela Perkins, Four Seasons Sotheby’s International Realty

Todd Peter, Sotheby’s International Realty – Palm Beach Brokerage

Stan Ponte, Sotheby’s International Realty – East Side Manhattan Brokerage

Russell Post, Ocean Reef Club Sotheby’s International Realty

Bridget Ramey, Kuper Sotheby’s International Realty

Michael Rankin, TTR Sotheby’s International Realty

Garrett Reuss, Aspen Snowmass Sotheby’s International Realty

Lorraine Rotanelli, Realogics Sotheby’s International Realty

Nick Sadek, Nick Sadek Sotheby’s International Realty

Janet Feinberg Schindler, Sotheby’s International Realty – San Francisco Brokerage

Shen Schulz, Sotheby’s International Realty – Malibu Brokerage

Tara Shapiro, Pacific Sotheby’s International Realty

John Shroyer, Golden Gate Sotheby’s International Realty

Wendy Storch, Sotheby’s International Realty – San Francisco Brokerage

Darlene Streit, Sotheby’s International Realty – Santa Fe Brokerage

Cathy Taub, Sotheby’s International Realty – East Side Manhattan Brokerage

Mary Bee-Thrasher, Golden Gate Sotheby’s International Realty

Dana Trotter, Sotheby’s International Realty – Bridgehampton Brokerage

Pam Vanatta, Steamboat Sotheby’s International Realty

Kumara Wilcoxon, Kuper Sotheby’s International Realty


Top Teams by Sales Volume

Applegarth + Warrin, Golden Gate Sotheby’s International Realty

The Behr Team, LIV Sotheby’s International Realty

Benoit | Robinson | O’Rourke, Gibson Sotheby’s International Realty

CAIN Group, Pacific Sotheby’s International Realty

The Canning Properties Group, Sotheby’s International Realty – Carmel Rancho Brokerage

The Dreyfus Group, Golden Gate Sotheby’s International Realty

Echelberger Group, Pacific Sotheby’s International Realty

The Gray Team, Realogics Sotheby’s International Realty

Gregg Lynn Team, Sotheby’s International Realty – San Francisco Brokerage

Karen Van Arsdale, Premier Sotheby’s International Realty

The Legacy Group, Jackson Hole Sotheby’s International Realty

Private Client Group, Russ Lyon Sotheby’s International Realty

The Power of 4, Russ Lyon Sotheby’s International Realty

Realty Group of Jackson Hole, Jackson Hole Sotheby’s International Realty

Spears Group, Scenic Sotheby’s International Realty

The Stanfield Group, Pacific Sotheby’s International Realty

The Team, Jackson Hole Sotheby’s International Realty

Michelle Thomas, Premier Sotheby’s International Realty

Tom Evans Real Estate, Jackson Hole Sotheby’s International Realty


Top Agents by Transaction Sides

Michael Cannon, Realogics Sotheby’s International Realty

Anne Lusk, Lusk & Associates Sotheby’s International Realty

Darlene Streit, Sotheby’s International Realty – Santa Fe Brokerage


Top Teams by Transaction Sides

The Lane Team, Bluegrass Sotheby’s International Realty

The complete “The Thousand” top real estate professionals list can be found on REAL Trends’ website, www.realtrends.com.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2305 or info@SIRbahamas.com.

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

June 11, 2021 by
Damianos Sotheby's International Realty

MACK ALTIDOR JOINS DAMIANOS SOTHEBY’S INTERNATIONAL REALTY AS AN ESTATE AGENT

NASSAU, The Bahamas (June 7, 2021) — George Damianos, Chief Executive Officer for Damianos Sotheby’s International Realty, and Lana Rademaker, Chief Brokerage Officer, are pleased to announce the addition of  Mack Altidor to the sales team in Nassau.

Most recently a sales agent with the luxury  condominium project One Ocean Bahamas on Paradise Island, Altidor has a strong sales record cultivated over the course of his 12-year tenure in real estate, along with deep community ties in both Nassau and Abaco.

“With both the Abaco and Nassau markets seeing unprecedented activity since the start of the year,  Mack is a natural fit for our sales team,” Rademaker said. “Mack’s integrity, work ethic and dedication to the client experience are in full alignment with the proactive, transparent and collaborative culture we actively nurture among our team members.” 

In addition to his successful track record with One Ocean Bahamas, Altidor  worked at The Bakers Bay Golf and Ocean Club in Great Guana Cay Abaco, Bahamas, and was a leading sales manager at Schooner Bay Village on Great Abaco. During this time in Abaco, in 2013, Altidor led an effort to help restore lives of the people in the Haitian Villages after they were devastated by a string of fire incidents that burned down their villages in Marsh Harbour and Sandbanks. He is also regularly involved in annual back-to-school fundraisers and food drives. In 2019, Altidor spearheaded an effort which assisted in the search and rescue of persons that were listed as missing after Hurricane Dorian, an effort that ultimately reunited 200 families. Altidor’s ongoing community work and mentorship has also assisted 14 young men and counting in their pursuit of higher education.

“Mack epitomizes integrity, energy, hard work and creative services in every aspect of his career and personal life,” Rademaker said. “It’s these long-lasting meaningful relationships that make Mack not only successful in sales but an outstanding and admirable member of our community.”

Damianos Sotheby’s International Realty has been an industry leader since 1945 specializing in the listing, marketing and sale of luxury and waterfront properties. With 11 offices throughout The Bahamas, Damianos Sotheby’s International Realty boasts the most experienced and successful team of real estate professionals, consistently ranking among the top producers in The Bahamas real estate industry.

About Damianos Sotheby’s International Realty

Damianos Sotheby’s International Realty has 10 offices located throughout the islands of the Bahamas, providing unsurpassed market knowledge of Abaco, Eleuthera, Harbour Island, Exuma, Nassau, Paradise Island, Ocean Club Estates, Lyford Cay, Old Fort Bay, Albany and Private Islands. Head office 75 Shirley Street, Nassau. For additional information, please contact 242-322-2305 or info @SIRbahamas.com.

About Sotheby’s International Realty

The Sotheby’s International Realty network currently has approximately 22,700 affiliated independent sales associates located in over 1,000 offices in 72 countries and territories worldwide.  Each office is independently owned and operated.

June 7, 2021 by
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.

April 8, 2021 by
Sotheby's International Realty

Sotheby’s International Realty Sees 32% Sales Growth, Achieving $150 Billion In Global Sales Volume In 2020

Sotheby’s International Realty is pleased to announce that its affiliated brokers and independent sales professionals achieved a record US$150 billion in 2020 global sales volume, a nearly 32% increase in sales growth year over year, as the definition of home changed for consumers around the world. Due to a longstanding commitment to innovation, Sotheby’s International Realty® agents were able to seamlessly help clients navigate the changing market dynamics brought on by the global pandemic with existing technology offerings which propelled business momentum.

Agents affiliated with Sotheby’s International Realty quickly pivoted to address the impact of the global pandemic,” said Philip White, president and CEO of Sotheby’s International Realty. “Thanks to innovations we pioneered nearly a decade ago, our affiliated companies and agents made the impossible possible. Their adaptability to serve clients safely further extended our position as a leader in luxury real estate.”

Long-Standing Commitment to Virtual Technology Paved Way for Success

Sotheby’s International Realty continued to lead the industry and was well-positioned to meet the needs of consumers as the buying and selling process became increasingly virtual. Sotheby’s International Realty agents accelerated the use of the brand’s existing video, virtual reality, and live-streaming technology to produce new forms of content that engaged buyers and set a new standard for marketing luxury properties. Currently, buyers can safely tour more than 6,000 properties via virtual reality or video on sothebysrealty.com. Property videos also proved engaging on social media where the brand’s YouTube channel delivered 43 million views, or the equivalent of more than one million hours watched.

As a leader in the luxury real estate industry, Sotheby’s International Realty is able to anticipate trends,” said Chief Marketing Officer, Bradley Nelson. “Our priority remains to present listings in the best possible manner and to provide a superb end-user experience however buyers prefer to search for their new home. Virtual technology has been at the forefront of our marketing strategy for several years and comes as naturally to us as our commitment to high quality service.”

The brand also unveiled a new website, sothebysrealty.com, available in 14 languages and nearly 60 currency conversions, to continue serving its growing international clientele and fuel referrals worldwide. The website achieved a notable amount of traffic for the brand with 37 million visits in 2020. Property videos on the site produced by Sotheby’s International Realty agents were especially popular and played nearly 13 million times in 2020, totaling more than 90,000 hours watched.

A Year of Strategic Growth and Record Achievements

Despite travel restrictions, Sotheby’s International Realty remained committed to expanding its global footprint and achieving strategic growth. In 2020, the brand opened more than 50 new offices across the world, bringing the brand’s total presence to nearly 1,000 offices in 75 countries and territories with approximately 24,000 independent sales associates worldwide.

The brand’s existing affiliated companies around the world continued to grow in 2020. Sotheby’s International Realty increased its total domestic presence to 45 states around the country. Sotheby’s International Realty facilitated affiliate expansions through  12 domestic M&A transactions, including California, Colorado, Florida, Massachusetts, and Washington.

The brand also continued to expand internationally in key markets and opened offices in seven new territories. In Europe, the brand expanded to Ukraine, Romania, Montenegro, and in Germany. In the Asia-Pacific region, the brand opened its first office in South Korea and expanded in the Caribbean and Latin American region with two new offices in Paraguay and Antigua & Barbuda.

Our international footprint is one of our greatest competitive advantages,” said Tammy Fahmi, vice president, global operations and international servicing. “Our brand’s locations are in the most desirable places around the globe, so our clients know they can rely on our local market expertise wherever they are looking to buy or sell.”

As affluent individuals looked to acquire secondary homes in markets around the world, Sotheby’s International Realty agents acted as true global real estate advisors and referral volume surged by 42% to US$2.9 billion in closed sales volume.

Our 2020 results prove what is possible when you focus on quality above all else. We remain proud to be the real estate brand of choice for so many luxury real estate experts and affluent clients. We will continue to work tirelessly to prove their trust has been well placed,” concluded White.

February 25, 2021 by
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.

February 14, 2021 by