Congratulations to our US based Sotheby's International Realty affiliates

Sotheby’s International Realty Affiliates LLC today announced that the Sotheby’s International Realty® brand was the No. 1 real estate company represented in two of the six categories that comprise the 2016 REAL Trends/The Wall Street Journal “Top Thousand.” The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2015 annual sales volume and transaction sides, and the top 50 agents and top 50 teams on average sales price—making it a ranking of the top 1,100 nationwide.
The Sotheby’s International Realty brand claimed 45 of the top 250 sales associates in the REAL Trends Individual Sales Volume category, more than any other real estate company. The brand also had the highest combined individual sales volume from sales associates in the same category. In addition, the Sotheby’s International Realty brand had the most individuals represented in the Individual Average Sales Price category, holding 17 of the top 50 spots (34%), including Brenda S. Powers and Elizabeth L. Sample in East Side Manhattan who tied for No.1 at $37.59 million. The brand also had the No. 1 Team on the Average Sales Price ranking; Drew Mandile and Brooke Knapp Team in Beverly Hills topped that list with an average sales price of $18.3 million. This further establishes the strength of the Sotheby's International Realty brand as a leader in luxury real estate sales.
“We are thrilled to see that the Sotheby's International Realty brand is continuing to build off the momentum of the 2015 record-year,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Having the most sales associates represented in two categories of the REAL Trends/The Wall Street Journal rankings is a huge accomplishment and underscores how many of the top sales professionals are affiliated with the Sotheby’s International Realty brand. I am so proud of the companies and the sales associates represented on this list.”
The Sotheby’s International Realty network currently has more than 19,000 affiliated independent sales associates located in approximately 845 offices in 63 countries and territories worldwide. 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 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 launches new office in the Nertherlands

Sotheby's International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Redres NL BV to expand the Sotheby's International Realty® brand into the Netherlands with the opening of Redres Sotheby's International Realty.

Redres Sotheby's International Realty, co-owned by Jan-Willem Andriessen and Jim Reerink, will serve the luxury residential real estate market in Amsterdam and throughout the Netherlands. The firm is located in Hilversum, with plans for additional offices in Amsterdamand other key Dutch markets.

"The Netherlands have a growing luxury real estate market and it was the right time for our brand to have a presence within the country," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC. "Amsterdam is a key city in the Netherlands that offers a strong and diverse international audience. I am proud to welcome Redres Sotheby's International Realty to the Sotheby's International Realty network."

"We are delighted to join the Sotheby's International Realty global network," said Reerink and Andriessen. "The luxury residential market is poised to grow rapidly, supported by strong economic growth, and we are excited to gain valuable insights on real estate markets around the world. Affiliating with the Sotheby's International Realty brand will help us meet the needs of high net-worth individuals looking for luxury homes in the Netherlands and overseas."

The Sotheby's International Realty network currently has more than 18,800 affiliated independent sales associates located in approximately 835 offices in 63 countries and territories worldwide.  Redres Sotheby's International Realty listings will be 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 Affiliates LLCFounded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE:  RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. 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 full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sircaymanislands.com

Sotheby's International Realty Affiliates LLC today announced that its affiliate company in Texas has completed the largest transaction in the brand's history.  Briggs Freeman Sotheby's International Realty has closed on the sale of the W.T. Waggoner Ranch in Vernon, Texas, which was listed for $725 million.

"The sale of the W.T. Waggoner Ranch is the largest transaction in the history of the Sotheby's International Realty® brand and is a true testament to the impressive power of our network," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC.  "We are proud to celebrate this monumental achievement with our affiliate Briggs Freeman Sotheby's International Realty, Bernard Uechtritz, who led the deal, and everyone involved."

This was the first time in 165 years of ownership that the ranch was offered for sale by the property's heirs and shareholders. It was sold to American businessman, professional sports team owner and rancher Stan Kroenke.  Terms of the transaction were not disclosed.

"Our promise was to market the W.T. Waggoner Ranch to the four corners of the world – we did that," said Uechtritz.  "The sale of the ranch was the result of a strategic and robust global marketing campaign, which I believe to be unprecedented.  Moreover, this successful consummation is the result of extraordinary efforts, teamwork and good faith by all parties involved."  

The W.T. Waggoner Ranch was established in 1849 and spans more than 535,000 acres across six North Texas counties.  The property includes two main compounds, a 65,000-square-foot ranch office headquarters, 20 cowboy camps, approximately 1,200 existing oil wells, 30,000 acres of cultivated farmland, thousands of cattle, hundreds of horses, lakes, waterways and creeks with approximately 454,000 acres of land remaining undeveloped for oil.

"The reach and the connections available through the Sotheby's International Realty network were instrumental in the sale of the legendary W.T. Waggoner Ranch," said Robbie Briggs, president and chief executive officer of Briggs Freeman Sotheby's International Realty.  "The listing generated a far-reaching, international interest and became the most-viewed property on the brand's global platform, sothebysrealty.com in 2015."

The Sotheby's International Realty network currently has more than 18,800 affiliated independent sales associates located in approximately 835 offices in 63 countries and territories worldwide.  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, brokers and clients 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.

MADISON, N.J. and DUBLIN, March 1, 2016 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced it has signed an agreement to expand its global real estate network into Ireland with the formation of Ireland Sotheby's International Realty.

Ireland Sotheby's International Realty will be led by seasoned local real estate professionals David Ashmore and Bill Montgomery.  The firm, whose main office will be located in Dublin, will service the luxury residential real estate market throughout Ireland.

"Sotheby's International Realty is dedicated to providing our network's exclusive real estate services in luxury property destinations around the world," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC.  "Dublin is a vibrant and important city with its rising luxury real estate market and unique culture.  We are proud to expand the brand's presence into Ireland and welcome Ireland Sotheby's International Realty to our network."

"Ireland is truly becoming a destination for international buyers of luxury residential real estate," said Ashmore.  "As a member of the Sotheby's International Realty network, we are able to take advantage of the brand's global platform and access an audience far beyond our local reach.  We are delighted to be joining this esteemed network."

The Sotheby's International Realty network currently has more than 18,800 affiliated independent sales associates located in approximately 835 offices in 63 countries and territories worldwide.  Ireland Sotheby's International Realty listings will be 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 Affiliates LLC Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE:  RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services.  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 full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744. For more information, visit www.sircaymanislands.com.

Sotheby’s International Realty Network Reports Significant Gains for 2015

MADISON, N.J. (Feb. 25, 2016) – Sotheby’s International Realty Affiliates LLC today reported that in 2015 its affiliated brokers and sales professionals achieved approximately $80 billion in U.S. home sales volume (transaction sides multiplied by average sale price). Driven largely by a brand record of over 100,000 total transaction sides, this is the highest annual sales volume performance in the history of the brand and marks a 13% increase from the prior year.

Global Growth

The Sotheby’s International Realty brand also reported growth in its global network, which now encompasses 63 countries and territories worldwide. At year-end, the network totaled 835 offices, a gain of nearly 10%, and more than 18,800 sales associates, up 14%.

“2015 was a record year for domestic franchise sales for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “This year alone, we have also added 12 international, independently owned and operated affiliate brokerage locations to our global network, which will drive accessibility to the increasing level of international buyers in key luxury markets.”

Outside the United States, the Sotheby’s International Realty brand continued to expand into key markets in 2015. The entire Gulf Region is poised for significant growth as the brand’s affiliate brokerage in the region, Gulf Sotheby’s International Realty, acquired the rights to deliver real estate services in Bahrain, Kuwait, Oman, Saudi Arabia and Qatar. The brand saw continued growth entering the countries of Chile, Finland, Ireland, The Netherlands, and Nicaragua, while expanding its presence in Italy, Queensland, Australia and in Buenos Aires, Argentina.

The Sotheby’s International Realty brand also added five independently owned and operated residential real estate firms and 73 new offices to its network across the United States. This past year witnessed continued growth by existing affiliate companies through mergers, acquisitions and recruiting. Notable transactions included the coming together of three companies in Vermont and New Hampshire that resulted in one of the largest operators in those states under the Four Seasons Sotheby’s International Realty banner, and the acquisition of South Bay Brokers in Manhattan Beach by Vista Sotheby’s International Realty. Several key open markets were also filled, namely: Baltimore, Md.; Block Island, R.I.; Charlottesville, Va. and Portland, Ore.

Last year The Wall Street Journal/REAL Trends “Top Thousand” ranked agents based on average sales price, recognizing the success of agents that specialize in the luxury real estate segment. The Sotheby’s International Realty brand had 75 of the top 250 (30%) individuals by average sales price. This achievement is reflective of the success of our efforts to further establish the brand as the voice of luxury.

Sotheby’s International Realty Affiliates LLC 175 Park Avenue Madison, NJ 07940

In 2016 and for the ninth year in a row, the Sotheby’s International Realty brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award. In addition to its real estate ranking, the brand also came in fourth in the overall top 50, and second among the Top 50 “Systems with 250 or more units,” which is a ranking of all franchise systems across all categories with more than 250 locations.

The Sotheby’s International Realty brand hosted several international networking events throughout the year exemplifying its truly global reach. An event in Rome brought together 27 affiliated companies from 19 countries within the European, Middle Eastern and African region while another event in Rancho Palos Verdes, California had representation from over 113 affiliated companies worldwide. “Our international footprint is the cornerstone of our global esteem and our events around the world serve as a platform for our network to work together while developing relationships to increase referrals and share best practices on the exclusive line of Sotheby’s International Realty products to better serve their clients’ needs and meet their business goals,” said White.

Marketing

From a marketing perspective, the brand’s 2015 campaign delivered more than 1.2 billion impressions. At the core of the Sotheby’s International Realty 2015 strategy was its relationships with pre-eminent media powerhouses in both print and online arenas to showcase unique properties from the brand’s worldwide network including: The New York Times, The Wall Street Journal, Architectural Digest, Bloomberg, Financial Times and as the exclusive real estate partner for Dwell.com.

To mark the 40th year of Sotheby’s International Realty in the luxury residential real estate brokerage business, Philip White and Wendy Purvey, chief marketing officer, were joined by honorary guests of the Sotheby’s International Realty brand to ring the Closing Bell at the New York Stock Exchange on December 29, 2015. Additionally, the brand was featured with prime placement on the New York Stock Exchange video banner in Times Square. Running the entire month of December, the video was shown 15 times per day, reaching over 1.6 million daily visitors to Times Square and highlighted the brand’s lifestyle focus and drove viewers to sothebysrealty.com for more information.

Finally, the Sotheby’s International Realty brand’s website, sothebysrealty.com, was re-launched in 2015 to provide a fully immersive, responsive, video-based experience with unique content. With a focus on creating the best possible user experience, the new sothebysrealty.com continues the brand’s tradition of revolutionizing luxury real estate in the digital space. Last year the site saw the most traffic in its history with 14 million visits, a 30% increase year over year. The new Sotheby’s International Realty, website was recognized by the Web Marketing Association with the “2015 Outstanding Website WebAward” and by W3 with the “2015 W3 Gold Award.”

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, each brokerage firm and its clients 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 Affiliates LLC

Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. 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 full franchise system. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and

business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sircaymanislands.com.