Real Estate News

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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 Amsterdam and 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

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Sotheby’s International Realty Affiliates LLC today announced the brand’s existing affiliate brokerage in Argentina, Ginevra Sotheby’s International Realty, which is owned and operated by Mercedes Ginevra, will now provide residential real estate services throughout the country, focusing on key markets such as Puerto Madero, San Isidro, Mendoza, Salta, and La Patagonia.

“Argentina is steeped in rich history with a varied terrain from the inland mountains to resort towns and imposing cliffs along the coast, catering to many different lifestyles,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Argentina has an important position in the South American luxury market and this expansion

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Costal Alabama - Kaiser SIR

Sotheby’s International Realty Affiliates LLC today announced that Kaiser Real Estate Sales in Alabama is the newest member of its real estate network and will now operate as Kaiser Sotheby’s International Realty.

The firm, owned and operated by Leonard Kaiser, will service Baldwin County and the greater Coastal Alabama area with two offices in Orange Beach and Gulf Shores, Alabama.  This is the first Sotheby’s International Realty® affiliate company in the state of Alabama.

“Coastal Alabama is an ideal area for lifestyle activities such as boating and fishing, making it an increasingly popular second-home market,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “Located on the

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$19,975,000  |  Makena, Maui  |  MLS® #: 368545
 

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

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Sotheby’s International Realty Brand Wins ‘Best in Category’ in Franchisee Satisfaction for Ninth Consecutive Year in Franchise Business Review Awards

Sotheby’s International Realty, today announced the Sotheby’s International Realty® brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the ninth year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 11th annual Franchisee Satisfaction Awards presented by Franchise Business Review.  In addition to earning the top real estate ranking, the Sotheby’s International Realty® brand also came in fourth in the overall top 50 and second among the Top 50 “Systems with 250 or more

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Sotheby’s International Realty (SIR) is 1 of 20 exclusive advertising partners on the Apple News app now through the end of December and the only real estate company.

Apple News is a brand new application baked into every Apple device running iOS 9 or newer, allowing us to potentially reach over 800 million iPhones and iPads.

We are the only Real Estate company that has been selected and we have a 5 % Share-of-Voice on the For You section of the app + a 25% Share-of-Voice in the app's Business Channel.

You can also add the Sotheby's International Realty channel within Apple News, which has content automatically fed via our Extraordinary Living blog. It can be found by searching for Sotheby's International Realty within the News app or

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Sotheby’s International Realty Affiliates LLC today announced it has expanded its global real estate network into Finland with the launch of Snellman Sotheby’s International Realty located in Helsinki.

The owners, consisting of Swedish and Finnish prominent business investors headed by Robert Charpentier, signed an exclusive 25-year franchise agreement to develop the Sotheby’s International Realty® brand throughout Finland. The company will operate under the leadership of Kenneth Katter, who brings over 20 years of relevant high-profile international sales experience to his role of chief executive officer.

“Expansion into Finland continues the brand’s commitment to providing access to theSotheby’s International Realty network’s exclusive

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An increasing number of ultra high net worth (UHNW) individuals are buying non-traditional homes outside their domiciles according to a new study by Wealth-X and the Sotheby’s International Realty® brand, released today.

Wealth-X has identified more than 211,000 ultra high net worth individuals globally – defined as those with US$30 million and above in net assets – and 79% of them own two or more residences.

The Wealth-X and Sotheby’s International Realty UHNW Luxury Real Estate: Multi-Homers Report reveals that these UHNW buyers look for residences that are environmentally sustainable, technologically sophisticated, or that fit better with their personal and family needs.

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Below are other key findings from the report:

  • The average UHNW
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Sotheby’s International Realty Affiliates LLC reported that in 2014 its affiliated brokers and sales professionals achieved $70 billion in U.S. home sale transaction volume (transaction sides multiplied by average sale price). This is the highest sales volume performance in the history of the brand’s franchise system, and marks a 17% increase from the prior year. Driven largely by an 11 percent gain in transaction sides, the growth experienced by Sotheby’s International Realty far outpaced the overall U.S. housing market as compared to the one percent increase in sales volume and a three percent decrease in home sales reported by the National Association of Realtors®.

Global Growth

The Sotheby’s International Realty brand also reported

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We are proud to present our Significant Sales 2014 publication, detailing sales represented by the leaders in the Maui luxury real estate market, Island Sotheby's International Realty.

 

 

Having successfully participated in 3 of the Top 5 sales of 2014 in the County and with three offices strategically located throughout Maui, the team of experts at Island Sotheby's International Realty is uniquely positioned to represent clients in the sale of the most exclusive properties islandwide - from Makena properties, to Kapalua luxury homes, to Upcountry estates and everything in between, our specialists know each micro-market and its unique intricacies expertly. Contact us for a private consultation or visit one of our offices today. 

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