Sotheby’s International Realty Affiliates LLC, whose parent company is Realogy Holdings Corp. (NYSE: RLGY), rang the Closing Bell at the New York Stock Exchange yesterday to celebrate its 40th anniversary milestone in the luxury residential real estate brokerage business. Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC, was joined on the podium by members of the Sotheby’s International Realty network for the bell ringing ceremony.
“I am very proud of the journey we have taken together with our global luxury real estate network to bring the brand where it is today,” said White. “The Sotheby’s International Realty brokerage network was built to connect the finest independent residential real estate companies to the most prestigious and discerning clientele in the world,” said White. “We are honored to be celebrating this milestone by ringing the Closing Bell at the New York Stock Exchange.”
As a part of the Sotheby’s International Realty family, Daniel Ravenel Sotheby’s International Realty offers its buyer and seller clients exclusive access to elite markets, luxury content, and a truly global network of associates. “Being able to manage property portfolios across international boundaries is increasingly important as we have many clients with multiple homes worldwide” says Broker in Charge Daniel Ravenel. “This powerful affiliation offers our clients properties amazing global exposure and measurable results in print and online – ultimately leading to faster sales at higher prices.”
The Sotheby’s International Realty network currently has more than 18,000 independent sales associates located in approximately 825 offices in 61 countries and territories worldwide. Each office is independently owned and operated.
To mark the event, Philip White additionally appeared on CNBC’s Closing Bell to discuss the luxury real estate market.