Nashville Real Estate

Overall Growth and Success of the Sotheby’s International Realty

  • Today the brand grew the office count within its network by more than 10 % in 2008, ending the year with 10,750 sales associates located in more than 500 offices in 39 countries and territories worldwide.
  • In 2008, 19 firms across 10 states: New Jersey, Utah, Massachusetts, Washington, California, Colorado, Florida, Delaware, New York and North Carolina. As well, 30 Sotheby’s International Realty affiliated companies expanded by opening new offices to widen their market coverage.
  • April 2008 Sotheby’s International Realty Affiliates LLC won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award.
  • August 2008, the brand was rated the most prestigious real estate company by high net-worth consumers in the Luxury Institute’s 2008 Luxury Brand Status Index survey.
  • February 2009 the brand’s Web site became multi-lingual with the addition of seven new languages.
  • 2009 Franchisee Satisfaction award Franchise Business Review’s 2009 Real Estate Franchisee Satisfaction award: #1 in category, #7 of the more than 400 franchises surveyed.
  • March 2009, named to Franchise Times Fast 55 list.
  • The Sotheby’s International Realty network of all offices median average sold home is approximately $500,000.
  • On a full-year basis, the Sotheby’s International Realty network has experienced 590 percent growth in overall transaction sides from 2004 to 2006.
  • In July 2007, Sotheby’s International Realty Affiliates, LLC reached the milestone of adding the 100th U.S. brokerage company to its luxury real estate network since we fist began the franchise model in 2004.
  • On the international growth front, the Sotheby’s International Realty brand recently signed exclusive licensing agreements for the Czech Republic, with an office scheduled to open this year. The brand expanded into Germany, Slovakia, Vietnam, Greece, Cyprus, Italy and Gibraltar.
  • Sotheby’s International Realty also has listed the premier equestrian estate in the U.S., Hummingbird Nest Ranch, at $75 million.

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