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.
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