Sotheby’s International Realty

175 Park Avenue, Madison, NJ 07940, US

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About Sotheby’s International Realty

Summary

Sotheby’s International Realty, founded in 1976 by Sotheby’s fine art dealers, is a prestigious luxury real estate brand that operates as a global franchise. The company primarily focuses on brokering and marketing residential real estate, offering exceptional homes for sale worldwide. By 2018, the network had expanded to more than 19,000 sales associates across 990 offices in 72 countries and territories.

In 2004, Sotheby’s formed a long-term strategic alliance with Realogy Holdings Corp. (now Anywhere Real Estate, Inc.), enabling the creation of a full franchise system. This partnership provides real estate brokerages with operational, marketing, and business development resources. In 2012, Sotheby’s International Realty introduced its first specialty market Internet listings for farm and ranch properties, followed by websites for waterfront, golf, ski, and historic properties.

The company publishes Reside, a semi-annual real estate and lifestyle magazine, recognised for its creative excellence. Sotheby’s International Realty prides itself on being a truly global brand, with 1,100 offices across 84 countries, supported by 26,100 sales associates. In 2024, it achieved $157 billion in annual sales. The brand leverages the heritage and prestige of the Sotheby’s Auction House, ensuring high exposure for its listings and access to a global clientele.

History

Sotheby’s International Realty was founded in 1976 by the fine art dealers of Sotheby’s, with the aim of providing a luxury real estate service that mirrored the prestige and reputation of the Sotheby’s auction house. The company began as a division of Sotheby’s, focusing on high-end residential properties. Over the years, the brand expanded its reach and reputation, becoming a global leader in the luxury real estate market.

In 2004, Sotheby’s International Realty entered into a strategic partnership with Realogy Holdings Corp. (now known as Anywhere Real Estate, Inc.). This agreement allowed Sotheby’s to establish a full franchise system, licensing the Sotheby’s International Realty name and offering real estate brokerages and individual agents the opportunity to join the network. Through this partnership, the company was able to expand its presence internationally, providing resources such as operational support, marketing materials, recruitment assistance, and business development services to its franchisees.

The brand continued to innovate in the real estate market, launching its first specialised website for farm and ranch listings in 2012. This was followed by the development of further niche market websites, including those focused on waterfront, golf, ski, and historic properties.

By 2018, Sotheby’s International Realty had grown to include more than 19,000 sales associates across 990 offices in 72 countries and territories. The network expanded further in the following years, solidifying the brand’s global presence in the luxury real estate sector. In 2024, the company achieved $157 billion in annual sales, highlighting its position as a dominant force in the global luxury property market.

The company also publishes Reside, a semi-annual magazine that focuses on luxury real estate and lifestyle, further enhancing its visibility and reach. Today, Sotheby’s International Realty operates 1,100 offices worldwide, with a network of 26,100 sales associates offering expert real estate services across a wide range of luxury properties.

Portfolio

Sotheby’s International Realty offers a diverse and expansive portfolio of luxury real estate, catering to a global clientele. The brand’s residential properties include a wide range of options, from historic estates to contemporary mansions.

The company also focuses on specialty properties, serving niche markets with offerings such as farm and ranch estates, which cater to agricultural enthusiasts and investors. Golf course homes, often located within renowned golfing communities, are another significant part of its portfolio.

Additionally, Sotheby’s International Realty represents historic properties, including castles, heritage estates, and landmark residences, offering unique investment opportunities for buyers interested in owning a piece of history.

Sotheby’s International Realty is also involved in residential development projects through its Development Advisors division. This division works with developers to market and sell new luxury residential projects. Some of the notable developments include the 888 Brickell Dolce&Gabbana luxury condominium in Miami, Florida, the ZIGGURAT project in Coconut Grove, Florida, Sereno Fort Lauderdale, a boutique luxury residence in Fort Lauderdale, and Alhambra Parc, a contemporary development in Coral Gables, Florida.

With over 1,100 offices in 84 countries and territories, Sotheby’s International Realty’s global presence is reflected in its expansive portfolio.

Leadership Team

Philip A. White Jr. | President and CEO
A. Bradley Nelson | Chief Marketing Officer
Tammy Fahmi | Senior Vice President of Global Servicing and Strategy
Sanoj Stephen | Senior VP & General Counsel
Joseph Bernardo | Senior VP, Membership Sales
Laura DeMartis | VP, Marketing
Kristina Helb | VP, Global Communications
John Passerini | Global VP, Interactive Marketing

References

Sotheby’s International Realty | International Real Estate | Sotheby’s International Realty
Sotheby’s International Realty | Wikipedia
Real Estate Listings by India Sotheby’s International Realty | James Edition
Recent reviews of Sotheby’s International Realty | Yelp
Sotheby’s International Realty 2025 Company Profile | PitchBook
Sotheby’s International Realty – 2025 Company Profile | Tracxn
Sotheby’s International Realty – Overview, News & Similar | ZoomInfo

175 Park Avenue, Madison, NJ 07940, US

Website https://www.sothebysrealty.com/eng/

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