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 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 Realtymarketing programs. Each office is independently owned and operated.