Press Releases and Articles
Sotheby’s International Realty Brand Grows Worldwide Network in 2008
3/2/2009
FOR IMMEDIATE RELEASE
Contact: Carol Jayroe (carol.jayroe@sothebysrealty.com) or
Phillip Lammonds (plammonds@yahoo.com)
843.237.7711
Sotheby’s International Realty Brand Grows Worldwide Network in 2008
Pawleys Island, SC (March 2, 2009) – Prince George Sotheby’s International Realty, the local Sotheby’s International Realty affiliate, is pleased to announce their parent company grew its network by more than ten percent in 2008. Sotheby’s International Realty Affiliates LLC ended the year with 10,750 sales associates located in more than 500 offices in 39 countries and territories worldwide.
“According to the National Association of Realtors®, all of 2008’s existing-home sales were 13.1 percent below the transactions recorded in 2007, which is the lowest volume since 1997. In this environment, the Sotheby’s International Realty® brand actually grew its office count by 10.7 percent, demonstrating a true demand for our services in the global arena,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.
Last year saw the addition of 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. International growth was significant, as well.
Additionally, in April 2008, Sotheby’s International Realty Affiliates LLC won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award, was named to their top 50 for client satisfaction and was No. 5 for all franchise categories with more than 200 locations. In August, the brand also was rated the most prestigious real estate company by high net-worth consumers in the Luxury Institute’s 2008 Luxury Brand Status Index survey.
Prince George Sotheby’s International Realty, Sotheby’s International Realty’s local affiliate, islocated on Highway 17 South of Pawleys Island. The luxury real estate firm offers exclusive Sotheby’s International Realty marketing, advertising and referral services. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which allows sales associates access to real estate referral opportunities with auction house clientele.
As a Sotheby’s International Realty affiliate, the firm also has the ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. All property listings from Prince George Sotheby’s International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm’s local website, www.princegeorgesir.com.