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Sotheby’s International Realty Achieves $108 Billion in Global Sales Volume for 2017

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Sotheby’s International Realty Affiliates LLC reported that in
2017 its affiliated brokers and sales professionals achieved approximately $108 billion USD in global sales volume, the highest annual sales volume performance in the history of the brand.

“In 2017 we witnessed the expansion of the global economy,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The Sotheby’s International Realty® brand is in 69 countries worldwide, so we were well-positioned to both contribute to and benefit from that growth. The success of the global economy, coupled with our strategic goals, yielded outcomes better than we could have ever anticipated in 2017. We look forward to carrying that strength into the new year.”

Global Growth
The Sotheby’s International Realty brand also reported growth across its global network. At year-end, the network totaled nearly 950 offices and approximately 22,000 sales associates worldwide. In the United States, the Sotheby’s International Realty brand achieved over $96 billion USD in sales volume in 2017 and added six independently owned and operated residential real estate firms to its network and 58 new offices. This past year witnessed continued significant growth by the brand’s existing affiliate companies through talent attraction as well as mergers and acquisitions, most notably increasing the brand’s market presence in the San Francisco Bay Area; Castle Rock, Colorado; and in Southern Florida and Key West. The brand also entered several key new markets last year, namely: Roseville, California; Avalon and Stone Harbor, New Jersey; the Central and Western Adirondacks regions of New York; Greater Greenville, South Carolina; and southeast Wisconsin.

Outside the United States, the Sotheby’s International Realty brand achieved over $12 billion USD in sales volume in 2017 while continuing to expand into key markets. In Europe, the brand grew its presence in Spain into the coastal cities of Valencia and San Sebastián, and in Belgium to Antwerp and Waterloo, as well as expanding to the Greek island of Rhodes. The brand also sold the rights to the Asian countries of Vietnam, Indonesia and Sri Lanka to establish a future presence, and grew within India to
include the key markets of Mumbai, Bengaluru, Chennai, Pune, Goa and Kolkata

Reaching the Consumer
The Sotheby’s International Realty brand website, sothebysrealty.com, saw another record year with nearly 27 million visits, a 25% increase year-over-year, with 60% of visitors coming from outside the United States and 17.5% of traffic being from new users.
An exclusive alliance with the Nikkei, the most influential news publication in Japan, was launched in 2017. The alliance enables the brand to generate Japanese buyer interest through the Nikkei’s digital platform which reaches over 29 million monthly readers. The Sotheby’s International Realty brand is the first real estate brand to present property listings outside of Japan to readers of the Nikkei, giving Japanese
consumers access to residential real estate offerings in nearly 70 countries and territories.

“In 2017, the brand launched a dedicated effort to establish meaningful connections with the emerging affluent consumer,” said Kevin Thompson, chief marketing officer, Sotheby’s International Realty Affiliates LLC. “Data from sothebysrealty.com indicates that we are already well-positioned among this demographic, showing that nearly half of the traffic coming to the site was from the 25-to-44-year-old age group. As personalization has begun its reign over the luxury mindset, the consumer journey has also
experienced a shift; it is our mission, as a preeminent luxury residential real estate brand, to continue to identify and execute new and authentic ways to connect with discerning clients.”

Additional Achievements
In 2017, the Sotheby’s International Realty brand added to its senior leadership team. Thompson was appointed as the brand’s Chief Marketing Officer to oversee the marketing, advertising, and public relations initiatives worldwide. With an extensive background working with globally recognized luxury brands, Thompson set forth early in the year to create exceptional consumer experiences through the strategic use of marketing and branding. Later in the year, Julie Leonhardt-LaTorre, a proven global real
estate and management leader, was appointed Chief Operating Officer to spearhead strategic growth plans for the brand.

The Sotheby’s International Realty brand’s affiliated companies and sales associates raised more than $500,000 USD for New Story, the brand’s charitable partner and a certified 501(c)(3) non-profit organization, by the end of 2017. The funds raised will go directly to the construction of new homes in Mexico. The highlight of the partnership came at the brand’s Global Networking Event, where affiliates of the Sotheby’s International Realty brand pledged funds for over 150 homes in just 32 hours.

The Sotheby’s International Realty brand was the No. 1 real estate brand represented in two of the six categories that comprise the 2017 REAL Trends/The Wall Street Journal “The Thousand” for the second year in a row. The brand claimed 46 of the top 250 sales associates in the REAL Trends Individual Sales Volume category, more than any other real estate brand, and 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.

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.

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The Sotheby’s International Realty® Brand Achieved $95 Billion in Global Sales Volume for 2016

Posted on February 27, 2017

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CNBC broke the news this morning that for 2016, the Sotheby’s International Realty Affiliates LLC affiliated brokers and sales professionals achieved approximately $95 billion in global sales volume, the highest annual sales volume performance in the history of the brand, driven largely by a brand record of over 127,000 transactions. 

“During a year when the words “slowdown” and “slump” were used to describe the luxury housing market, 2016 turned out to be a banner year for Sotheby’s International Realty.” – CNBC                                                                                                   

Global Growth

The Sotheby’s International Realty® brand also reported growth across its global network, which now encompasses nearly 70 countries and territories worldwide. At year-end, the network totaled 880 offices and more than 20,000 sales associates.

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Outside the United States, the Sotheby’s International Realty brand achieved $10 billion in sales volume in 2016 and continued to expand into key markets. The brand saw continued growth in Europe, entering the countries of Austria, Croatia, Slovakia, Slovenia and Montenegro. The brand also expanded in the Asia-Pacific region through affiliations in Fiji and Shanghai and continued to grow in Hong Kong and greater Thailand. Finally, the brand expanded its presence in the Caribbean with the addition of affiliates in Roatan and St. Vincent & the Grenadines.

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In the United States, the Sotheby’s International Realty brand achieved $85 billion in sales volume in 2016 and also added seven independently owned and operated residential real estate firms as well as 45 new offices to its network across the country.  This past year witnessed continued significant growth by existing affiliate companies through talent attraction and mergers and acquisitions, most notably increasing the brand’s market presence in Lexington and Concord, Massachusetts, throughout southern Rhode Island and on the island of Kauai, Hawaii. The brand also entered several key new markets last year, namely: Gulf Shores, Alabama; Pittsburgh, Pennsylvania; and Virginia Beach, Virginia.

 Innovative Technology

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The Sotheby’s International Realty brand was at the forefront of interactive technology in 2016 with the introduction of 3D Tours with Virtual Reality capability on sothebysrealty.com. Additionally, the site saw the most traffic in its history with nearly 22 million visits, a 54% increase year-over-year.Capture2

The brand also launched the first luxury real estate app for Apple TV, featuring professionally curated high-resolution photography and high-definition video giving consumers the opportunity to explore homes on a screen larger than ever before. An alliance with Juwai.com was launched in 2016 that gives the Sotheby’s International Realty network an edge to generate Chinese homebuyer interest on one of the world’s most prominent real estate websites with over two million monthly visitors. As a truly international brand, Sotheby’s International Realty has the most global representation on Juwai.com, displaying luxury listings from 66 countries and territories.

“CEO Philip White told CNBC in a recent interview that Sotheby’s makes “the consumer the real focus, and that’s important when you do business in the luxury space. We made a decision early on to provide the consumer a high level of exceptional service and true global exposure.”‘- CNBC

The Sotheby’s International Realty brand was the No. 1 real estate company represented in two of the six categories that comprise the annual REAL Trends/The Wall Street JournalTop Thousand” report. The Sotheby’s International Realty brand claimed 45 of the top 250 sales associates in the 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%), further establishing the strength of the Sotheby’s International Realty brand as a leader in luxury real estate sales.

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.

Just Released | Global Luxury Residential Real Estate Report 2015

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Sotheby’s International Realty’s New and Notable Luxury Properties for Sale | January 2015

From a stunning beachfront home in the Cayman Islands to an exclusive penthouse apartment in Tel Aviv, this month’s collection of exceptional properties for sale showcases exquisite lifestyles from around the globe.

Cayman Islands

$35,000,000 USD | Grand Cayman, Cayman Islands | Cayman Islands Sotheby’s International Realty

Cayman Islands— Castillo Caribe is a stunning beachfront home offering every luxury for modern day life with all the lifestyle options one would expect from the Cayman Islands and the Caribbean. This eight bedroom home sits on the water with amenities including an outdoor pool, grotto, spa facilities, home gym, media room and wine cellar.

New York City

$35,000,000 USD | New York, New York | Sotheby’s International Realty-East Side Manhattan Brokerage

New York—This superb residence presents a rare opportunity to have a private Fifth Avenue address (888 Fifth Avenue) and dedicated entry along with an entrance from the lobby of one of New York’s finest Rosario Candela cooperatives (2 East 70th Street). This unique duplex home offers townhouse living, impeccable service and extraordinary views of Central Park and the Frick Gardens from all rooms. Meticulously restored by renowned architect Peter Pennoyer, the highest quality workmanship and custom detail make this home a true masterpiece.

Las Vegas

$28,000,000 USD | Las Vegas, Nevada | Synergy Sotheby’s International Realty

Nevada— The Rameses Estate at The Enclave sits on the most prestigious street in Las Vegas. This exquisite neoclassical home took more than five years to remodel and to rebuild. The ceilings, walls, doors, fixtures, chandeliers, fabrics, windows, fireplaces, lighting and electronics were hand-selected and crafted to complement the design. Built to the most exacting standards and exemplifying graceful and symmetrical design, this singular estate comprises a main residence of over 13,000-square-foot with six bedroom suites and nine bathrooms, as well as a private office, screening room, billiard room, art room and four car garage.

Israel

Price Upon Request | Tel Aviv, Israel | Israel Sotheby’s International Realty

Israel—Soaring 492 feet above the White City, Tel Aviv, the Rothschild Summit Penthouse is a 6,520 square foot exclusive duplex apartment located on the 41st and 42nd floors in one of the most luxurious and unpretentious luxury towers in Israel, created by the legendary Prizker-winning architect, Richard Meier. This exquisite three bedroom penthouse provides its residents with breathtaking urban and sea views and represents Richard Meier’s timeless classical designs. The buildings amenities include a private elevator, 24/7 concierge services, spa facilities, a gym, lavish lounge, and a semi Olympic swimming pool.

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10 Most Popular Properties for 2014! (One is ours!)

You clicked and we calculated. Back by popular demand, here are the 10 most viewed properties on sothebysrealty.com for 2014! Take a tour around the world and see which properties topped the list!

10. Ibiza, Spain

Ibizia_Spain18.000.000 € EUR | Ibiza, Spain | Ibiza Sotheby’s International Realty

Located in an easily accessible yet ultimately private location, this southeast facing mansion sits on the coastline with its own sea access and old light house. Exuding elegance and casual luxury, the main house has accommodation for 22 people, two separate guest houses for 14 guests and a staff house with 4 bedrooms, a unique infinity pool, spacious salons, various sea-oriented entertaining areas, a tennis court and luscious gardens.

9. Telluride, Colorado

Telluride$59,000,000 USD | Telluride, Colorado | Telluride Sotheby’s International Realty

Nestled deep within the rarest assemblage of rolling meadows and mature forest just 12 minutes from the historic resort town of Telluride, Colorado, this property offers the ultimate retreat for those seeking privacy, scenic beauty and serenity. A warm and inviting main house and story-book guest house are situated upon a rise overlooking the regions towering 14,000-foot peaks. The property’s vast acreage is threaded by a private trail system providing gated access into tens of thousands of acres of surrounding National Forest.

8. Cape Town, South Africa

2014_5_17_South Africa 4lgrv5Price Upon Request | Cape Town, South Africa | Lew Geffen Sotheby’s International Realty

Located in the heart of the unique enclave of Lions Head Nature Reserve in Cape Town South Africa, lies a Villa so spectacular in contemporary design, it is a true architectural feat. High above the cityscape this exquisite Villa enjoys unobstructed, panoramic views of Clifton’s four famous beaches and the expanse of the Atlantic Ocean.

7. Rhineland-Palatinate, Germany

Germany16.800.000 € EUR | Rhineland-Palatinate, Germany | NRW Immobilien Sotheby’s International Realty

One of Germany’s most beautiful historic properties, Burg Rheineck is located just 30 kilometers south of Bonn, the former capital of Germany. The castle is located on top of a hill overlooking Bad Breisig, known for its thermal springs and the beautiful promenade along the Rhine River. The castle has seen many famous visitors over the centuries including the German emperor Kaiser Wilhelm, Mikhail Gorbachev, John F. Kennedy Jr., Yehudi Menuhin, Alexander von Humboldt and many others.

6. Mallorca, Spain

4000027390-spainPrice Upon Request |Mallorca, Spain | Mallorca Sotheby’s International Realty

Located in Son Vida, this unique villa enjoys breathtaking views of the sea, Palma city and its port. The Chameleon Villa boasts extraordinary light effects, consisting of the finest LED technology, which can be programmed to change colors on a whim. Comprised of three buildings, the main house is spread over three floors including a living area, library, TV room, bedroom suites, kitchen and wine cellar. In the second building are swimming pools, fitness and spa area. The third building is the guest house.

5. James Island, Canada

James Island_CanadaPrice Upon Request | James Island, British Columbia, Canada | Sotheby’s International Realty Canada

James Island is a 780-acre private island prominently situated within Canada’s famous Gulf Island archipelago. The second largest privately owned island within the Gulf Islands, James Island is as rare as it is unique. Steeped in a rich and documented history, the island has had several lives: from agricultural settlement; to an industrial plant and company town; to its present incarnation as an exclusive retreat and a return to much of its natural state.

4. Olbia-Tempio, Italy

Italy prop id 5jlwqn lo resPrice Upon Request | Olbia-Tempio, Italy | Milan Sotheby’s International Realty

Built by Prince Karim Aga Khan, this waterfront villa on the north shore of Sardinia boasts thirteen bedrooms and its own private beach. The home is situated above the bay of Porto Cervo to capture spectacular views while maintaining privacy with unmatched luxury. Plush couches and poolside lounge areas create comfortable outdoor living spaces for relaxation and entertainment.

3. Hobe Sound, Florida

Hobe Sound_Florida$72,000,000 USD / Hobe Sound, Florida / Sotheby’s International Realty – Palm Beach Brokerage

Luxurious Bahamian-inspired estate designed and custom-built in 2010 by international superstar Celine Dion for her and her family. Located on the exclusive Jupiter Island, this 5.5 acre property with over 415 linear feet on the Atlantic Ocean is being sold turn-key with almost all its contents.

2. Water Mill, New York

Water Mill_New York$69,000,000 USD | Water Mill, New York | Sotheby’s International Realty- Southampton Brokerage

Villa Maria is a private and magnificent waterfront estate with stately gardens and glorious views of Mecox Bay. At 22,000 sq. ft., it has 11 bedrooms including a 6-room beautifully appointed master suite, a handmade stone and wrought iron staircase, a 60 foot living room with original fresco details a state of the art kitchen and a wine cellar. All principal rooms are brilliantly sunny and take advantage of the panoramic water views. The outdoor spaces feature a grand 2-story portico and a large stone terrace overlooking the wide lawn and bay. There is a waterside pool, pool cabana, tennis court and a charming two-bedroom guesthouse.

1. Key Largo, Florida

Pumpkin Key$110,000,000 USD | Key Largo, Florida | Russell Post Sotheby’s International Realty

Just ten minutes by helicopter to Miami’s South Beach or by boat to Key Largo, Pumpkin Key is an extraordinary private island totaling 26 acres located in the Florida Keys. Self-sufficient with water and electric from the shore, the island currently features one main home with three bedrooms, two caretaker’s cottages, and a dock master’s apartment. The island also includes a 20-slip marina able to accommodate a mega-yacht, tennis courts that also serve as a helipad and golf cart paths that circle the island.

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Sotheby’s International Realty: Significant Sales, Vol 9 – 2014

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Click above to open the latest edition of Sotheby’s International Realty Significant Sales, Vol. 9 2014

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SOTHEBY’S NEWS: Sotheby’s Wine At 4 Rockin’ G Ranch

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Sotheby’s Wine at 4 Rockin’ G Ranch

Sotheby’s Wine traveled to 4 Rockin’ G Ranch in Longmont, Colo., on June 19 for an
event hosted by Bill Fandel of Telluride Sotheby’s International Realty
with Linda Behr and Josh Behr of Fuller Sotheby’s International Realty.
Eli Rodriguez, assistant vice president and director of Sotheby’s Wine, discussed the
vintage wines to be showcased and led the tasting.
Guests toured the extraordinary home, which has the elegance of a French Country
estate on 144 acres, just minutes from Boulder, Colo. Interior finishes boast the finest
materials, including limestone and granite, with walnut flooring and custom glass
windows to capture the stunning views of the Flatirons and surrounding valley. Among
the property’s other amenities: a large guest home and expansive equestrian complex.
The property is co-listed by Bill, Linda and Josh for $16.9 million. For a video, click
here. For additional information, click here.

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VIDEO: Tour the direct trail-side ski in/ski out estate of 129 Sundance Lane, Mountain Village

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Tour the exceptional luxury ski home of 129 Sundance Lane – Located on a private situated ski-in/ski-out parcel, along the groomed Sundance Ski Trail, this custom-built family home features the timeless ambiance of a mountain lodge, with the sophisticated features of the finest residences. The large open floor plan is ideally-suited for relaxed entertaining, while the gourmet kitchen is perfect for the vacationing gourmet.Large spacious rooms and private guest suites are perfect for friends and generations of family in both winter & summer. Seamless ski access to the back door; covered porches and open patio & deck areas bring the alpine setting close to home; expansive recreation room with wet bar and adjacent bunk room is perfect for family fun.

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VIDEO: Sotheby’s International Realty features Bill Fandel among their Global Connections

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