collections - Sotheby`s International Realty

SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
NEWS & INFORMATION ON THE GLOBAL REAL ESTATE MARKET FROM SOTHEBY’S INTERNATIONAL REALTY® PROFESSIONALS WORLDWIDE
I
n the global world that we live in, it is
increasingly important to communicate our expanding footprint, after all,
international is our middle name. You
will notice that the Global Momentum
newsletter has been added to Collections to further showcase our trans-continental accomplishments and tell our
unique story of quality growth and invaluable connections worldwide.
This issue of Collections features a spotlight on Homes as Opportunity Gateways, stemming from our most recent
report with Wealth-X. The report reveals
Featured above: Seaside by Patti Mollica
that home-buying trends are fueled by
various motivations including real estate investment as a way to gain global
citizenship and provides powerful insight on the lifestyles of the ultra-high
net-worth consumer.
The Sotheby’s International Realty
worldwide footprint is evident as covered in this issue of Collections featuring
stand out listings from Texas to Poland
and global referrals from Taiwan to Portugal and more. We strive to continue to
highlight the exceptional use of our global network to refer clients and close sales.
As we enter into the final months of 2015,
we are working to continue expanding
our global presence and strengthening
our network. Please enjoy this issue of
Collections and accept my best wishes
for an exceptional finish to the year!
Philip White
President & Chief Executive Officer
Sotheby’s International Realty
WO R L DWI D E
GROWTH
for the CONNOISSEURS of LIFE
British Virgin Islands Sotheby’s International Realty | Nora Hazel Point, Tortola | Price upon request | Prop ID: SNBJBN
The Sotheby’s International Realty® network currently boasts approximately 828 offices in 61 countries and territories worldwide.
The brand welcomed the following companies to its network recently:
The following branch offices have opened:
▗▗
Sullivan Sotheby’s International Realty – Block Island, RI
▗▗
Portugal Sotheby’s International Realty – Porto
▗▗
New Seabury Sotheby’s International Realty – Mashpee, MA
▗▗
British Virgin Islands Sotheby’s International Realty – Virgin Gorda
Monument Sotheby’s International Realty – Baltimore, MD
▗▗
Belize Sotheby’s International Realty – Placencia
▗▗
Mauritius Sotheby’s International Realty – Gran Bae
▗▗
Gulf Sotheby’s International Realty – Abu Dhabi
▗▗
Steamboat Sotheby’s International Realty – Steamboat Springs, CO
▗▗
oldCape Sotheby’s International Realty – Chatham, MA
▗▗
Julia B. Fee Sotheby’s International Realty – Irvington, NY
▗▗
Aspen Snowmass Sotheby’s International Realty – Carbondale, CO
▗▗
▗▗
William Pitt Sotheby’s International Realty – Westport, CT
and Southport, CT
▗▗
Briggs Freeman Sotheby’s International Realty – 3 offices in
Ft. Worth, TX
▗▗
ONE Sotheby’s International Realty – Miami Beach, FL
▗▗
Pacific Sotheby’s International Realty – Rancho Santa Fe, CA
▗▗
HOM Sotheby’s International Realty – Indian Wells, CA
▗▗
Cascade Sotheby’s International Realty – Vancouver, WA
▗▗
Daniel Gale Sotheby’s International Realty – Northport, NY
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
2
SPOTLIGHT ON
HOMES AS Opportunity Gateways
MALTA
Malta, a small nation located south of Italy in the Mediterranean Sea, is an island
of rich history with a warm subtropical climate, attracting UHNW residents from
around the world. Foreign nationals are allowed to buy one property anywhere in
Malta and can purchase additional properties in specially designated regions. Michael
J. Zammit, joint owner and director of Malta Sotheby’s International Realty, notes
that the country’s citizenship program is a key part of the local economy.
“Malta currently enjoys the highest economic growth rate across all 28 European
Union Member States and its citizenship program supports Malta’s economic
development through foreign investment, allowing all the benefits attached to being
a Malta citizen to foreign individuals and their families who contribute to Malta’s
The landscape of the luxury real estate market is ever-evolving
as the motivations, needs and desires of consumers in this sector
continue to change and develop. High net worth consumers are
recognizing the critical role real estate plays in building wealth…
and they are investing in it. Over the past year, the Sotheby’s
International Realty® brand has been identifying the purchasing
behaviors of the ultra-high net worth.
economy,” said Zammit. “In addition, the Mediterranean island offers a highly
advantageous fiscal policy with a flat tax rate, has a diverse real estate market and
a hospitable local population.” Properties available in Malta range from historic
farmhouses to modern high-rise penthouses.
The recent Sotheby’s International Realty and Wealth-X report explored Homes
as Opportunity Gateways and continued to reveal the latest home-buying trends
of ultra-high net worth (UHNW) individuals. While most homeowners focus on the
value of the home itself, as well as its potential for capital appreciation, UHNW
individuals may have non-traditional motivations such as the opportunity to
establish residency or gain citizenship through the purchase of property. In today’s
world, an increasing number of individuals aspire to attain “global citizenship” and
the perks associated with such a status. As of 2015, more than 20 nations offered
citizenship by investment programs, with the majority of these nations being located
Malta Sotheby’s International Realty | San Lawrenz, Malta | €2.900.000 (EUR) | Property ID: X53473
Situated in San Lawrenz, the 300-year-old farmhouse conversion has un-
in the Caribbean and Europe. From the island of Malta to Sao Paulo, Brazil and The
obstructed open sea views and two landmarks, Dwejra and Fungus Rock, are also
Bahamas, Collections explores places around the world where buying a home opens
visible from this home. The property enjoys complete privacy and tranquility and sits
the door for citizenship opportunities.
adjacent to sprawling fields and olive gardens.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SPOTLIGHT ON
HOMES AS Opportunity Gateways
MALTA
THE BAHAMAS
Located in Tigne Point, the stately penthouse has unparalleled views from
The Bahamas, comprised of over 3,000 islands and cays, has an established
Malta’s premier luxury development. The 180-degree views start from the open
reputation of being the ideal tropical getaway. Gated resort communities, high-end
sea to the left, with a view of the capital city of Valletta from the center, including
casinos, world-class golf courses and yacht clubs are just a few of the draws of this
the Grand Harbor breakwater and bridge. The rear terrace takes in views of the
archipelago in the Atlantic Ocean. Each Bahamian island is different, making the
popular shopping town of Sliema and St. Julian’s.
country appealing to home buyers and UHNW individuals from all over the world.
“The Bahamas are located only 60 miles off the coast of Florida. There is no
inheritance tax, capital gains tax, corporate tax or income tax in Bahamas,” said
George Damianos, president of Damianos Sotheby’s International Realty. “NonBahamian investors who purchase residences valued in excess of $500,000 (USD)
may apply for a permanent residency certificate in The Bahamas, making investing
in Bahamas real estate relatively easy for those looking to purchase primarily as an
investment for a permanent residency with tax advantages.” Homes in The Bahamas
range from resort-style condominiums to sprawling beachfront estates.
Lyford Cay Sotheby’s International Realty | Lyford Cay, Nassau and Paradise Island Bahamas |
$6,500,000 (USD) | Property ID: WXZG34
Tropically landscaped, this Colonial-style home in Lyford Cay is nestled on a private acre of land. Spanning over 9,650 square-feet, the home has direct waterfront
access to the canal. Concertina doors throughout the home fold back entirely to
Malta Sotheby’s International Realty | Tigne Point, Malta | €4.250.000 (EUR) | Property ID: NVC9VS
reveal views of the outdoors, pool, spa and canal.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
4
SPOTLIGHT ON
HOMES AS Opportunity Gateways
THE BAHAMAS
Located in the popular western community of Sandyport, Sand Dollar is a turnkey
home. With an expansive private outdoor deck overlooking the waterway, the home
also features a private boat dock suitable for a 35-foot boat. Outside, the property
has been landscaped with native Coco Plum hedges and flourishing avocado,
banana, lime, lemon and clementine trees.
SAO PAULO, BRAZIL
Sao Paulo, a cosmopolitan city in Brazil, is also the country’s economic hub. The
city boasts an array of cultural activities, attracting UHNW individuals from around
the world, making hotels, restaurants and leisure companies the top industries.
While Brazil’s citizenship by investment program is slightly different, as it requires
direct investment in a business rather than a real estate purchase, it offers lower
personal income and corporate tax rates than nearly all other developed nations.
“Sao Paulo has attracted immigrants from many different countries, becoming one of
the most ethnically diverse cities in the world,” said Luciano Amado, president of Bossa
(Left) Damianos Sotheby’s International Realty | Sandyport, Nassau and Paradise Island Bahamas |
$1,499,000 Property ID: R3F7PF
Nestled among the high-rise buildings, this top-floor duplex penthouse overlooks the
vibrant city below. Offering inspiring views from the rooftop deck, swimming pool and Jacuzzi, the home features a gourmet kitchen and endless high-end finishes.
Nova Sotheby’s International Realty. “Living in Sao Paulo means enjoying a vibrant
lifestyle with plenty of nightlife activities and an unlimited variety of culinary options.
These facets combined with lower personal income and corporate tax rates than other
developed nations makes Sao Paulo attractive as a long-term investment strategy.” Sao
Paulo residences span from luxury penthouses to sprawling country-side estates.
(Above) Bossa Nova Sotheby’s International Realty | Sao Paulo, Brazil | R$8.400.000 (BRL) | Property ID: C5PDFQ
Designed by architect Marcos Tomanik and decorated by Rosa May Sampaio,
this home boasts high ceilings, five bedrooms and six-and-a-half bathrooms. The
green terraces overlook the backyard which includes a large lap swimming pool and
(right) Bossa Nova Sotheby’s International Realty | Sao Paulo, Brazil | R$10.800.000 (BRL) | Property ID: DC9EHJ
landscaping by renowned landscape architect Roberto Riscala.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
5
SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Kuper Sotheby’s International Realty has been named the exclusive sales and marketing team for The
Broadway Residences in San Antonio, Texas.
Vista Sotheby’s International Realty has listed a home designed by Pritzker Prize Winner Thom Mayne in
Hermosa Beach, California for $8.75 million.
BROADWAY RESIDENCES | SAN ANTONIO, TEXAS
and marketing team for The Broadway Residences, a high-rise condominium
ARCHITECTURAL MASTERPIECE | HERMOSA BEACH, CALIFORNIA
Gerard Bisignano of Vista Sotheby’s International Realty has listed an $8.75
million (USD) architectural masterpiece in Hermosa Beach, California. Designed
development in San Antonio, Texas. With a total of 90 units, the building features
by Pritzker Prize Winner Thom Mayne, the property is the tallest home in Hermosa
one-, two- and three-bedroom residences on the central level, 16 junior penthouses
Beach and features unobstructed water views from Palos Verdes all the way to
and four penthouse units. Residences include imported hardwood floors, floor-to-
Malibu as well as views of the piers at Hermosa and Manhattan beaches. The
ceiling windows, designer fixtures, custom crafted cabinetry and lighting fixtures,
property, situated across from the Hermosa Beach Strand and one block from the
granite and marble countertops and top-of-the-line appliances. Building amenities
Manhattan Beach Strand, is comprised of two separate lots with one currently used
include state-of-the-art fitness center, media room, a pet park, conference room,
as a fully landscaped yard area. Standing four-stories tall, it is constructed from
catering kitchen, and pool. Prices range from $600k
stainless steel, concrete and natural elements. The three-bedroom home includes
Kuper Sotheby’s International Realty has been named the exclusive sales
Click here for more information.
– $10 million (USD).
a semicircle atrium entrance, two sets of stairs, an elevator, wine cellar and two
fireplaces. Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Poland Sotheby’s International Realty has listed the former home of renowned art collector and
humanitarian Barbara Piasecka Johnson in Wrocław, Poland for $4.8 million.
Ellis Sotheby’s International Realty has listed a lakeside mansion in Tuxedo Park, NY for $2.899 million.
COUNTRYSIDE ESTATE | WROCŁAW, POLAND ― Poland Sotheby’s
International Realty has listed a countryside estate in Wrocław, Poland for $4.8
million (USD). The property is comprised of a four-story residential building with
Pont of Ellis Sotheby’s International Realty has secured the exclusive listing of a
LAKESIDE MANSION | TUXEDO PARK, NEW YORK ― Barbara du
eight bedrooms and 13 bathrooms, a gatehouse, five-car garage and free-standing
the home boasts unique architecture and design that embraces contemporary living
brick cellarage. It dates back to the early 20th Century and was recently renovated
while respecting its historic surroundings. With panoramic views of Tuxedo Lake, the
and restored in 2012. The home was once occupied by renowned art collector
property also features an eat-in chef’s kitchen with granite counters, living and dining
and humanitarian Barbara Piasecka Johnson and includes a fully-equipped chef’s
rooms with oak floors and wood-burning fireplace, terrace stretching the full-length
kitchen, glass enclosed sunroom, state-of-the-art industrial grade security system,
of the house and a wine cellar. Click here for more information.
lakeview mansion in Tuxedo Park, New York. Listed for $2.899
million (USD),
wine cellar, auxiliary kitchen, indoor swimming pool, whirlpool, spa and sauna.
Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Select Sotheby’s International Realty has listed a private, gated estate in Saratoga Springs, New York for
$8.6 million.
Wallace & Co. Sotheby’s International Realty has listed the 29-acre estate of Boston Celtics owners Wyc
and Corrine Grousbeck on Martha’s Vineyard for $22.5 million.
STONY BROOK DRIVE | SARATOGA SPRINGS, NEW YORK
BEACHFRONT COMPOUND | EDGARTOWN, MASSACHUSETTS
Gerald Magoolaghan of Select Sotheby’s International Realty has listed a
Located along Edgartown Great Pond on Martha’s Vineyard, Wallace & Co.
25,000-square-foot gated estate in Saratoga Springs, New York for $8.6
Sotheby’s International Realty has listed a 29-acre residence for $22.5
million
million
(USD). Situated on eight acres, the property is ideal for entertaining with indoor and
(USD). Currently owned by Wyc and Corinne Grousbeck, owners of the Boston
outdoor pools, tennis court, indoor basketball court, gym, game room, bowling lane
Celtics, this sprawling 7,000-square-foot waterfront home has seven bedrooms,
and home theater. Click here for more information.
seven-and-a-half bathrooms and access to a private sandy Atlantic Ocean beach
from the home's secluded shoreline. The house additionally features a gourmet
kitchen, heated pool, screened porch with stone fireplace, detached barn and a twocar garage. Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Jameson Sotheby’s International Realty has been named the exclusive sales and marketing team for No. 9
Walton in Chicago, Illinois.
Sotheby’s International Realty – Santa Fe – Grant Avenue Brokerage has listed a historic home in Santa Fe,
New Mexico for $3.915 million.
no.9 WALTON | CHICAGO, ILLINOIS — Jameson Sotheby’s International
THE HOUSE OF SUNSHINE | SANTA FE, NEW MEXICO — Neil Lyon of
Realty has been named the exclusive sales and marketing team for No. 9 Walton, a
Sotheby’s International Realty – Santa Fe – Grant Avenue Brokerage has listed
new residential development in Chicago’s historic Gold Coast district. With a total of
a historic home in Santa Fe for $3.915
66 units ranging from two to six bedrooms, each apartment has a customizable floor
dates as far back as the Spanish Colonial era and was purchased in 1914 by Gerald
plan, unparalleled finishes and never-before-seen outdoor space. Building amenities
Cassidy, one of the founding members of the original art colony that made Santa Fe
include a fully-staffed lobby and valet, house car and driver, indoor pool, fully-
the world renowned art destination it is today. This one-of-a-kind property, nestled in a
equipped fitness center, private wine storage, dog run and private dining room. The
beautiful setting, is truly part of Santa Fe’s history. Click here for more information.
remaining units start at $1.95
million (USD). This incredible residence
million and go to $24.2 million (USD).
Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Gibson Sotheby’s International Realty has listed an oceanfront estate on Marblehead Neck,
Massachusetts for $6.6 million
United Kingdom Sotheby’s International Realty has listed a home on the River Thames in England
for £8.5 million.
OCEANFRONT ESTATE | MARBLEHEAD, MASSACHUSETTS
Michael Carucci and Danielle Dambrosio of Gibson Sotheby’s International
FISHERY ROAD BRAY | ENGLAND, UNITED KINGDOM
United Kingdom Sotheby’s International Realty has listed an £8.5 million
Realty have listed a five-bedroom oceanfront estate owned by a well-known Boston
(GBP) home on the River Thames in England. An Arts and Crafts period home
restaurateur, on Marblehead Neck for $6.6
completed in the early 1900s, the house features modern, state-of-the-art technology
million (USD). The property boasts
landscaped grounds, a lagoon-style pool, basketball court, outdoor cooking area
including a programmable lighting system throughout the residence and surveillance
and steps to the private beach. Inside the 5,639-square-foot home, there is a
system. The property is comprised of an eight-bedroom main house, staff cottage,
professional-grade eat-in kitchen, three fireplaces, marble foyer, and a sun room.
boathouse, swimming pool and one acre of land. Click here for more information.
Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
10
SEEN & HEARD
LISTINGS of DISTINCTION
AROUND THE NETWORK
Bonaire Sotheby’s International Realty has listed a waterfront villa in Sabadeco, Bonaire for $3.1 million.
Kuper Sotheby’s International Realty has listed The Prairie by Rachel Ashwell in Round Top, Texas
for $2.5 million.
SABADECO SHORES VILLA | SABADECO, BONAIRE
THE PRAIRIE BY RACHEL ASHWELL | ROUND TOP, TEXAS
Bonaire Sotheby’s International Realty has listed a five-bedroom waterfront villa
Kuper Sotheby’s International Realty has listed The Prairie by Rachel Ashwell, a bed
in Sabadeco, Bonaire for $3.1
and breakfast estate in Round Top, Texas built by the world renowned designer and
million (USD). A secluded property on the shores
of the Caribbean Ocean, the home includes a fully-equipped open kitchen, spacious
self-made business woman, Rachel Ashwell. On the market for $2.5
million (USD),
porches, an infinity pool and an elevator. Click here for more information.
the property is comprised of lodges, cottages and barns spread across 46 acres of
land. Utilizing the iconic brand of Shabby Chic products by its founder, Rachel Ashwell,
The Prairie creates an irresistible destination for its patrons and an extremely rare
opportunity to own a piece of a timeless vision. Click here for more information.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
11
SEEN & HEARD
SIGNIFICANT SALES
AROUND THE NETWORK
St. Martin Sotheby’s International Realty recently sold Sandyline Villa for $10.5
million (USD), the largest residential sale on the island since 2004. Overlooking
the Caribbean Sea amid verdurous gardens, this property presents the perfect blend
of Provencal architecture with Philippe Starck contemporary interiors.
St. Martin Sotheby’s International Realty completed the largest residential sale on the island since 2004.
This Frank Lloyd Wright-inspired home on Ketron Island in Washington sold for $1.1 million.
Ascent Sotheby’s International Realty sold this home in Avon, Colorado for $5.995 million.
Karen W. Vincent of Morrison House Sotheby’s International Realty in Gig Harbor,
Tye Stockton of Ascent Sotheby’s International Realty in Vail, Colorado recently
Washington, sold a Frank Lloyd Wright-inspired home on Ketron Island for $1.1
sold a $5.995
million (USD). The beach cottage is situated upon five acres and included 1,000
through a referral from Karen Van Arsdale of Premier Sotheby’s International
feet of private waterfront and a 160-foot private dock.
Realty in Naples, Florida.
million (USD) home in Avon, Colorado. The listing came to Ascent
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
SIGNIFICANT SALES
AROUND THE NETWORK
Healdsburg & Artisan Sotheby’s International Realty sold this California home for $7.349 million.
Lyford Cay Sotheby’s International Realty sold this beachfront estate for $9.5 million.
Alain-Martin Pierret and Graham Sarasy of Healdsburg & Artisan Sotheby’s
Lyford Cay Sotheby’s International Realty in Lyford Cay, Bahamas recently
International Realty in California represented both the seller and buyer of a Dry Creek
completed the sale of a 9,050-square-foot beachfront home for $9.5
Valley estate in Healdsburg, California. Listed at a record price for the area, the property
(USD). The property included a four-bedroom, four-and-a-half bathroom main
sold for $7.349
house, detached guest house, two-car garage, oceanfront pool and putting green.
million (USD). A gourmet kitchen, elevator, detached guest house
million
and swimming pool are included as some of the home’s highlights, in addition to a
garden, five-acre Syrah vineyard, labyrinth and frontage along Pena Creek.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
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SEEN & HEARD
POWER of the BRAND
AROUND THE NETWORK
SHARED SUCCESS
THE NEW ENGLAND CONNECTION
Earlier this summer, Donna Wilson from Martha
On June 4th, Four Season’s Sotheby’s
Turner Sotheby’s International Realty utilized our
International Realty hosted an affiliate networking
powerful network and referred a buyer in the $1.5
event lakeside at Church Landing in Meredith, New
million range to Mark Nestler, co-owner of Nestler
Hampshire. Panels throughout the day featured
Poletto Sotheby’s International
representatives from over 13 different companies
Realty, where he converted and
including, William Pitt Sotheby’s International
closed on a $4.5 million (USD)
Realty, By the Sea Sotheby’s International Realty,
transaction of an oceanfront condo
Gibson Sotheby’s International Realty, Legacy
in Boca Raton at Presidential Place.
Properties Sotheby’s International Realty, Gustave
White Sotheby’s International Realty, OldCape
Sotheby’s International Realty and Waterfield
Mark Nestler, Co-Owner, Nestler Poletto
Sotheby’s International Realty
Taiwan Sotheby’s International Realty recently
Sotheby’s International Realty.
This property in Portugal was sold by Portugal Sotheby’s International
Realty to a buyer referred from Taiwan Sotheby’s International Realty.
referred a client to Portugal Sotheby’s International
Realty who then purchased a property in Portugal for
€571,276 (EUR). This was the 21st sale the Portugal
office completed this year as a result of referrals
through the Sotheby’s International Realty network.
Laura Torrielli of Italy Sotheby’s International
Realty had a sale mandate for a property in Bologna,
Italy and the owners were additionally looking to sell a
property they had in Monte Carlo. The Italy Sotheby’s
International Realty office successfully referred the
listing to C.I.C. Immobilier Monte-Carlo Sotheby’s
International Realty. The property, a duplex located
in the Granada Building, was recently sold by C.I.C.
Immobilier Monte-Carlo for €6.9 million (EUR).
This duplex apartment in Monte Carlo was referred to C.I.C.
Immobilier Monte-Carlo Sotheby’s International Realty by Italy
Sotheby’s International Realty.
Wendy Purvey presents at the Four Seasons
Sotheby’s International Realty Networking Event.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
14
SEEN & HEARD
POWER of the BRAND
AROUND THE NETWORK
Realty, Wendy Purvey and Fran Santangelo took the
stage to share updates regarding the brand’s global
FROM PIXELS TO PROPERTIES
Russell Post, president/broker owner
growth and development as well as the latest financial
of Russell Post Sotheby’s International
and marketing statistics. The event closed with an
Realty in Florida, recently recounted how
impressive musical and comedic performance from
important every interaction with buyers
Steve Martin and the Steep Canyon Rangers at the
and sellers can be. Russell shared how a
Wente Vineyards.
South African family was, “Sold [on our
Six representatives from Realogics Sotheby’s
brand] through the website, searching
International Realty in Washington attended the event
by lifestyle. If we can demonstrate that
including owners Dean and Stacy Jones, along with
the brand gives us an edge on bringing
brokers Carrie DeBuys, Candace Taylor, Barry Bergner
buyers, the
and Jay Kipp.
sellers will listen.”
(From left) Dean Jones, Carrie DeBuys, Candace Taylor, Barry Bergner,
Stacy Jones, & Jay Kipp
“if we can demonstrate that
NETWORKING ON THE PACIFIC COAST
the brand gives us an edge on
bringing buyers, the sellers will
listen.”
Venture Sotheby’s International Realty hosted
the Northern California Networking event on August
19th. Held at the historic Castlewood Country Club
in Pleasanton, CA, the event had an estimated 225
attendees from nine Pacific Northwest companies,
Sotheby’s International Realty Affiliates, LLC and more.
After a rousing introduction from Andrew Greenwell,
CEO and principal of Venture Sotheby’s International
(From left) Fran Santangelo, Jon Meschke (Vice President Affiliate Services), Wendy Purvey,
Steve Martin, Andrew Greenwell, and Anthony Urcinoli (Manager, Global Operations)
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
15
sir
com
wins
SEEN & HEARD
WEBAWARDS
The new Sotheby’s International Realty® website was recognized
by the Web Marketing Association with the “2015 Outstanding
KUDOS
AROUND THE NETWORK
Website WebAward” and by W3 with the “2015 W3 Gold Award.”
With a great focus on creating the best possible user experience,
the new sothebysrealty.com continues the brand’s tradition of
revolutionizing Luxury Real Estate in the digital space.
sir
com
wins
The new design changes include an increased focus on full-screen,
high-definition video throughout the site, from the homepage to
Ilze Mazurenko, Owner & Sales Associate, Baltic Sotheby’s
International Realty
CELEBRATING LONGEVITY
Baltic Sotheby’s International Realty celebrates
property detail pages, to allow for a more immersive consumer
Victors take the stage at Juliette & Victors Magazine’s annual event
WINNING LEADERSHIP
On June 11 , Brussels Sotheby’s International
th
WEBAWARDS
experience. High-resolution photography also plays a more
prominent role. The property detail pages feature: slideshows that
tell a home’s story via the captions, custom video, location overviews
The new Sotheby’s International Realty® website was recognized
that provide insight into the local area via video and text, and a seller
by the Web Marketing Association with the “2015 Outstanding
or expert quote that offers a personal view of the property.
Website WebAward” and by W3 with the “2015 W3 Gold Award.”
IMAGINE AN AWARD WINNING WEBSITE
The new Sotheby’s International Realty website was
With a great focus on creating the best possible user experience,
About the Web Marketing
Association
the new sothebysrealty.com
continues
the brand’s tradition of
five years of being in the luxury real estate market in the
Realty’s own David Chicard was the recipient of
Baltic States. During that period of time, the company
Juliette & Victor Magazine’s “Best French Entrepreneur
the “2015
Outstanding
Website
WebAward”
Independent
expert judges from around
the world review
sites in 96 industries.and by
has succeeded in strengthening the brand’s message
in Brussels” award. David was honored along with
the “2015
W3companies,
Gold and
Award.”
W3 with promote
themselves, their
their best work to the outside world.
and prestige while also
the magazine's other Victors at their annual event
helping to bolster the
at the Arsenal in the presence of over 400 guests
user experience, the new sothebysrealty.com
public’s association
including Bernard Valero, Ambassador of France in
continues the brand’s tradition of revolutionizing
with luxury real estate.
Belgium, Marie-Christine Butel, Consul General, and
luxury real estate Sotheby’s
in theInternational
digital
space.
Realty
Affiliates LLCThe new design
“Since 2010, we have
Christopher Andrew Frassa, Senator representing
changes include an increased focus on full-screen,
successfully grown
French outside France.
high-definition video throughout the site, from the
Vestards Rozenbergs, Owner, Baltic
Sotheby’s International Realty
to a database of nearly five thousand units of estate,”
states the partners of Baltic Sotheby’s International
Realty. Looking into the future, the company plans to
extend their reach into Lithuania and Estonia.
The best are recognized with a WebAward which helps interactive professionals
With a great focus on creating the best possible
©MMXV Sotheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC
fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned
and Operated. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered)
service marks licensed to Sotheby’s International Realty Affiliate LLC.
immersive consumer experience. High-resolution
operating in its local
Baltic states, transaction volumes – from a small range
has been setting the standard of excellence for Website development.
homepage to property detail pages, to allow for a more
from a small company
market to a global agency with three offices in the
recognized by the Web Marketing Association with
1997,Real
the Web
Marketing
annual WebAward Competition
revolutionizingSince
Luxury
Estate
in theAssociation’s
digital space.
“ we have successfully grown:
from a small company operating in its
local market to a global agency with
three offices in the Baltic states.”
The new design changes include an increased focus on full-screen,
photography also plays a more prominent role. The
high-definition video throughout the site, from the homepage to
property detail pages, to allow for a more immersive consumer
property detail pages feature slideshows that tell a
experience. High-resolution photography also plays a more
prominent role. The property detail pages feature: slideshows that
home’s story via the captions, custom video, location
tell a home’s story via the captions, custom video, location overviews
overviews that provide insight into the local area via
that provide insight into the local area via video and text, and a seller
or expert quote that offers a personal view of the property.
video and text, and a seller or expert quote that offers a
personal view of the property.
About the Web Marketing Association
Since 1997, the Web Marketing Association’s annual WebAward Competition
has been setting the standard of excellence for Website development.
Independent expert judges from around the world review sites in 96 industries.
The best are recognized with a WebAward which helps interactive professionals
promote themselves, their companies, and their best work to the outside world.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
16
SEEN & HEARD
in the COMMUNITY
AROUND THE NETWORK
Russ Lyon Sotheby’s International Realty is the exclusive
real estate brokerage for Desert Mountain, a private 8,000acre golf and recreational community in Scottsdale, Arizona.
In recent years, Russ Lyon agent Troy Gillenwater has actively
been involved in the creation of trails within the community
to attract triathletes and endurance runners from around the
world. The Desert Mountain Trails System is now the exclusive
training ground for renowned athlete and triathlon world
champion Mirinda Carfrae. In a statement to Endurance Sportswire, Carfrae noted,
“The trail system is so stunningly beautiful, and the long run options are endless.
The lap pool and the biking in and around the property and the swimming at Bartlett
Lake make Desert Mountain the perfect place for all elements of triathlon training.”
Desert Mountain and Mirinda Carfrae are additionally featured as the cover story in
the September/October 2015 issue of Endurance Racing Magazine.
Sotheby’s International Realty Affiliates LLC recently provided supplies for
Backpacks for the Homeless, a breakfast program run by the Community Soup
Kitchen and Outreach Center
in Morristown, New Jersey.
The four Hawaiian island affiliates from the Sotheby's international Realty offices gathered at the Honolulu
Museum of Art celebration of the newly launched Hawaii Affiliates of Sotheby's International Realty
(HASIR) Charitable Fund at their "Art of Giving" donor event.
As part of the Realogy Cares
initiative, the company collected
The Hawaii Affiliates of Sotheby’s International Realty Charitable Fund at Hawaii
non-perishable breakfast items
Community Foundation recently hosted “The Art of Giving” at the Honolulu
including granola bars, boxed
Museum of Art. A partnership between Island Sotheby’s International Realty,
cereal and instant oatmeal to
List Sotheby’s International Realty, MacArthur Sotheby’s International Realty
fill the backpacks. More than
and Sleeping Giant Sotheby’s International Realty, the fund is dedicated to
120 backpacks were donated
supporting environmental, educational and cultural programs across the Hawaiian
to support the program, which
Islands. The event featured guest speakers who discussed the importance of giving
serves the community seven
back, an exhibit with selections from the Iris & B. Gerald Cantor Collections called
“Auguste Rodin: The Human Experience,” an SRS Course presented by renowned
real estate educator Marcie Roggow and culinary creations from Chef Russell Siu of
days a week, 365 days a year.
Members of the Sotheby’s International Realty Affiliates LLC Global Headquarters team with donations
for the Community Soup Kitchen and Outreach Center in Morristown, New Jersey
3660 On the Rise. More than 200 guests, including Sotheby’s International Realty
sales associates, staff and clients, attended the event to support the cause.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
17
SEEN & HEARD
WELCOME to
AROUND THE NETWORK
Gibson Sotheby’s International Realty has expanded
William Pitt Sotheby’s International Realty has
its presence in the greater Boston area, opening a
acquired Nicholas H. Fingelly Real Estate. With offices in
new office located at 1008 Massachusetts Avenue in
Southport and Westport, Connecticut, the firm will now
Cambridge, Massachusetts. The new location is the
operate as William Pitt Sotheby’s International Realty.
eighth office for the company.
“Joining forces with Nicholas H. Fingelly Real Estate
“It really came down to it being a seamless
transition for our Boston-based company that we
couldn’t pass up,” said Larry
Rideout, chief executive officer
of the firm. “The Cambridge
market has realized immense
growth over the past few years
and the need for a luxury
brand with the international
power and local expertise like
Sotheby’s International Realty
here is a perfect fit.” With the
the NETWORK
is a move that makes perfect sense for our company,
as we seek to expand our business in these sought-
“the cambridge market
has realized immense
growth over the past few
years and the need for a luxury
brand with the international
power and local expertise like
Sotheby’s International Realty
here is a perfect fit.”
after markets with the addition of the
best possible agents,” said Paul Breunich,
president and chief executive officer
of William Pitt Sotheby’s International
From left: Vicky, Cathy and Ginny Fingelly and Paul Breunich, William
Pitt Sotheby’s International Realty president and chief executive officer.
Realty. “Fingelly has played a significant
Hunter’s Fairway Sotheby’s International Realty in
part in shaping the local market as we
Barrington, Illinois, owned by Connie Antoniou, has
know it today, and we will greatly benefit
been acquired by Jameson Sotheby’s International
from the real estate expertise, talent
Realty. This announcement strengthens Jameson
and rich local knowledge brought by its
Sotheby’s International Realty’s presence in Chicago’s
sales force. In turn, we will increase their
northern suburbs by adding to their two existing offices
opening of this location, Gibson Sotheby’s International
business through the prestigious and far-reaching
in Evanston and Winnetka; their main office remains
Realty also welcomed a new group of top-producing
platform offered through our international brand.”
in Chicago in the Lincoln Park neighborhood. Connie
local agents to the firm. It will additionally continue to
offer a relocation department and a rental department.
William Pitt Sotheby's International Realty and
Antoniou will continue to serve North Barrington,
Julia B. Fee Sotheby's International Realty have 29
Wynstone and the neighboring towns under the
brokerages throughout Connecticut, Massachusetts
Jameson Sotheby’s International Realty banner.
and Westchester County, New York. It will maintain its
current locations in Southport and Westport in addition
to the newly acquired offices at 251 Main Street,
Southport and 1265 Post Road East, Westport. The
principals of Nicholas H. Fingelly Real Estate, Cathy,
Ginny and Vicky Fingelly, will continue with the firm, as
will its 67 sales associates.
Gibson Sotheby’s International Realty celebrates the opening of its
Cambridge, Massachusetts office.
“We will increase their business through
the prestigious and far-reaching platform
offered through our international brand.”
Hunter’s Fairway Sotheby’s International Realty celebrates as they
join Jameson Sotheby’s International Realty
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
18
SEEN & HEARD
WELCOME to
AROUND THE NETWORK
Cascade Sotheby’s International Realty
the NETWORK
Cascade Sotheby’s International Realty located
Stirling Sotheby’s International Realty, with
in Bend and Portland, Oregon has announced their
four offices in the Orlando, Florida area, has been
expansion into the state’s coast. Kamali Sotheby’s
acquired by Premier Sotheby’s International Realty.
International Realty, with three branches located
Headquartered in Naples and with more than 26
in Cannon Beach, Manzanita and Gearhart, will now
locations along Florida’s Gulf Coast and in North
operate as Cascade Sotheby’s International Realty. The
Carolina, Premier Sotheby’s International Realty will
joining of these two strong companies will be beneficial
add four additional offices, growing the firm to over
to both clients and brokers alike. Farzahn Kamali will
30 offices and 900 employees and sales associates
join the Cascade Sotheby’s International Realty sales
under the direction of CEO Judy Green. Stirling
force in the new Lake Oswego office located in Portland.
Sotheby’s International Realty’s founder and owner
This expansion results in ten offices operating with the
Roger Soderstrom, who has been with the brand since
brand in Oregon.
2005, will remain associated with Premier Sotheby’s
International Realty as a consultant.
Briggs Freeman Sotheby’s International Realty
Briggs Freeman Sotheby’s International Realty
in Texas has announced that Brants Realtors, Mira
ONE Sotheby’s International Realty has acquired
Vista Realtors and Bloom Real Estate Group in Fort
South Beach International Realty (SBI Realty), a Miami
Worth, have joined their brokerage, continuing Briggs
Beach-based luxury real estate company. Recognized
Freeman Sotheby’s International Realty’s expansion
in the Miami Beach market as a top-producing boutique
throughout Tarrant County and the Dallas Metroplex.
brokerage led by broker Diane Lieberman, SBI Realty
Brants Realtors and Mira Vista Realtors have decades
will be merged into the operations of ONE Sotheby’s
of deep market knowledge in Fort Worth, while the
International Realty. The acquisition will add more than
Bloom Real Estate Group brings digital innovation and
70 SBI Realty sales associates and market experts
online marketing expertise. Fort Worth is America’s
to ONE Sotheby’s International Realty’s 475 sales
fastest growing city, and joining Briggs Freeman
professionals across nine offices in South Florida, the
Sotheby’s International Realty is the next exciting
ninth being the location of Diane Lieberman’s existing
chapter in these companies’ histories of success.
office in a well trafficked pedestrian location. The
Briggs Freeman Sotheby’s International Realty, under
acquisition increases ONE Sotheby’s International
the leadership of President and CEO Robbie Briggs,
Realty’s already leading market share position in Dade
grows its Fort Worth sales force to 98 agents working
County’s $1 million and up and $5 million and up markets.
out of three offices in addition to their offices currently
Daniel de la Vega of ONE Sotheby’s International Realty
celebrates expansion
serving the Dallas, Lakewood, Uptown, The Ballpark
and Southlake communities with a combined sales
team of nearly 400 sales associates.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
19
SEEN & HEARD
AROUND THE NETWORK
DID YOU KNOW?
The Ascend Leadership Experience is a succession leadership program developed exclusively for Realogy’s brand affiliate business
owners and their identified potential successors so they can strategically chart their own course for the company’s future. It is built to
prepare tomorrow’s broker/owner to get ready to lead an organization, to understand the most critical industry trends, and to think and
act strategically about the business and how to positively impact the growth and profitability of the organization going forward. Ascend is
an intense, year-long learning experience focusing on leadership techniques from the real world of real estate.
The first cohort of this program began in April of this year and of the 43 attendees, seven are future leaders of Sotheby’s International Realty® companies.
These individuals just completed their third live session at Realogy in Madison, NJ and had remarkable insights to share about the impact of the program...
“All I can say is wow. It is so inspiring sitting
in a room with 40 plus people working on
similar things I am and facing the same
challenges I encounter on a daily basis. It is
unbelievable how we all come from different
Realogy brands and different size and model
brokerages, yet can inspire and learn from
each other on so many levels. There has been
so much content that is relevant to what we
all deal with every day. It is an education that
I believe any Sotheby’s International Realty
broker would be beyond grateful to have under
their belt. The actual time we have spent
at Realogy has been priceless and the live
panelist discussions have been tremendous.
I am beyond grateful for the experience and
excited for all of the opportunities that lie
ahead while implementing everything I have
learned throughout the Ascend Journey.”
Emily L. Wilkins, Broker Associate
Goldcoast Sotheby’s International Realty
“As an owner, I enrolled in Ascend because I saw the opportunity to enhance my
leadership ability and expand my skill as an operator. The program has been
phenomenal. I have been able to learn new skills in leadership, finance, selection and
development, as well as detailed training on structuring mergers and acquisitions.
The best part is that much of the training comes directly from Realogy’s most
successful franchisees, so you know they walk the walk. I would highly recommend
Ascend for anyone who will be taking the reins of a brokerage.”
Nick Phillips, Broker, Landmark Sotheby’s International Realty
“The Ascend Program has been a tremendous experience to gain leadership insight
from experts both within and outside the industry. Each lesson leads to collaborative
dialogue amongst our peers throughout the Realogy brands, enhancing our understanding of subject matter, and putting those lessons to the test in real time. I’ve
learned techniques from colleagues in the program during morning sessions that have
been implemented while on coffee breaks minutes later.
I’ve also made lasting bonds, especially within the Sotheby’s International Realty
community that we will all benefit from into the next decade. Together, we’ve gained
so much confidence and experience to ensure a successful transition of leadership
amongst our companies.”
Ken Hager, Sales & Marketing Manager, oldCape Sotheby’s International Realty
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
20
MARKETING
A LOOK FORWARD
Presentations at the Sotheby’s International Realty® Marketing Summit
GATHERING OF THE MARKETING MINDS
In July, Sotheby’s International Realty® hosted an
WEALTH X: HOMES AS OPPORTUNITY GATEWAYS REPORT
In August, Wealth-X and Sotheby’s International Realty released the Homes
Affiliate Marketing Summit. The two-day “meeting
as Opportunity Gateways report, which provides valuable insights into the trends
of the minds” session included representatives
driving the buying decisions of ultra-high net worth individuals around the world,
from over 30 affiliate companies who met to
their motivations and destinations of interest. The third of four custom reports
brainstorm with the Sotheby’s International Realty
planned for 2015, the Homes as Opportunity Gateways report looks in-depth at
Global Corporate Headquarters team about current
several specific locations and includes direct feedback from Sotheby’s International
projects and the 2016 media plan. With the help
Realty affiliates working in these markets.
of an open-discussion forum, the goal was to hear
You are encouraged to publicize the report in your local market. Complete
direct feedback from the network to enhance
supporting materials to help you are posted to the Members’ website by clicking
our overall marketing offering. The guidance and
here. There you will find a link to the full report and instructions for how to promote
opinions shared on these important programs and tools proved to be instrumental in
it in your local market.
continuing the evolution of this extraordinary brand.
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
21
LEVERAGING
THE AUCTION HOUSE
One of the Sotheby’s International Realty® brand’s greatest assets is its relationship with the
Sotheby’s Auction House. Here are some examples of how the brand’s professionals are capitalizing on it…
WATCH & JEWELRY SWEEPS EVENT
In conjunction with the Sotheby’s Auction House,
TTR Sotheby’s International Realty hosted a
Watch & Jewelry Sweeps event at one of its penthouse
listings in Georgetown, Washington DC. From the
auction house, Carolyn Nagy, assistant vice president,
Katharine Thomas, head of the watches department,
Kendall Reed, assistant vice president and jewelry
specialist, and Nikita Manital, jewelry specialist, were
present at the event to discuss the art of collecting.
Invitations were extended to both TTR and auction
house clients and, in total, more than 75 people were in
attendance at the cross-networking event.
A discussion on the art of collecting at the Watch & Jewelry Sweeps hosted by TTR Sotheby’s International Realty.
JEWELS CONSIGNMENT EVENT
AUCTION TERM OF THE MONTH
Realogics Sotheby’s International
In each issue of Collections, we will highlight a new
Realty recently hosted a Sotheby’s
auction term.
Jewels Consignment Event with Carol
Elkins, senior vice president of jewelry for
the Sotheby’s auction house. The event
took place at Realogics’ “Connoisseurs
of Life Showroom” where Elkins met
with clients via appointment to discuss
participating in upcoming auctions and
the valuations of gems and jewelry.
As is
Sotheby’s offers all property for sale
at auction “as is,” meaning that the
property is sold with all existing faults
and imperfections. We encourage
potential buyers to inspect each item
carefully before bidding.
A presentation at the Sotheby’s Jewels Consignment Event hosted
by Realogics Sotheby’s International Realty
SOTHEBY’S INTERNATIONAL REALTY ®
COLLECTIONS
VOLUME 3 2015
22
N E WS & I N FO R M AT I O N O N T H E G LO B A L R E A L E STAT E M A R K E T
Gulf Sotheby’s International Realty, currently operating
you to leverage the network for continued successes.
International Realty® brand thus far and I wanted to take
in Dubai and Abu Dhabi, is expanding to Saudi Arabia,
I wish you all the best to finish off the year strong.
a moment to thank you for all of your hard work and
Kuwait, Bahrain, Oman and Qatar and that the brand’s
congratulate you on your continued success.
existing affiliate brokerages in Milan, Lake Como, Rome
It has been a monumental year for the Sotheby’s
As we enter into the fourth quarter of 2015, many of
and Tuscany will now do business as Italy Sotheby’s
you have already reported having record years, a true
International Realty. We also have plans for further brand
testament to the power of the brand in your respective
expansion that we hope to announce before year’s end.
markets. In addition, this has been a year of significant
growth for the network. We are proud to announce that
CALA
Our global reach provides strength and a competitive
advantage within the marketplace and I’d like to remind
Kind Regards,
Michael Valdes
global vice president,
international servicing
sotheby’s international affiliates, llc
“Many of you have already reported having record years, a true testament
to the power of the brand in your respective markets.”
The 35th America’s
Cup will take place in
Bermuda in 2017
BERMUDA: THE 35TH AMERICA’S CUP
Bermuda has been named the host country for the 2017 America’s Cup, a world
Damianos Sotheby’s International
Realty then and now
DAMIANOS SOTHEBY’S INTERNATIONAL REALTY
Damianos Sotheby’s International Realty is celebrating its 70th year as the
renowned international yacht race. In support of the upcoming sporting event, Rego
premier luxury real estate brokerage servicing the Bahamas. Established as Damianos
Sotheby’s International Realty has set up the microsite www.americascuphomes.
Realty Co. Ltd. in 1945 by Nicholas G. Damianos, the firm is also celebrating its 10th
com that feeds into its main website and features rentals available for the Cup. On
anniversary as a member of the Sotheby’s International Realty brand. With extensive
the site, visitors can view properties available for rent, contact a Rego representative
experience and expertise in the Bahamas real estate market, Damianos Sotheby’s
about renting out their home during the event, and learn more about America’s Cup
International Realty offers its clients personalized service and a comprehensive
and Bermudan culture.
support system emphasizing an innovative approach and custom marketing plans.
23
EMEA
SWEDEN SOTHEBY’S
INTERNATIONAL REALTY
David Russell, marketing director,
This property sold for CHF 25’000’000 by Cardis Immobilier
Sotheby’s International Realty through their utilization of the
Sotheby’s International Realty referral system
A rendering of 1/JBR, a residential
development exclusively represented
by Gulf Sotheby’s International Realty
EMEA region, Sotheby’s International
Realty Affiliates LLC and Jamie McMullan,
director, international servicing EMEA
region, Sotheby’s International Realty
Affiliates LLC, recently visited Sweden to
host a media and sales training session.
Sweden Sotheby’s International
Realty is continuing to expand and the
training session ensured that all staff
members are familiar with current sales and marketing
techniques in order to best serve their clients. By
hosting this educational seminar, the firm ensures its
continuing local competitive advantage.
David Russell and Jamie McMullan with members of the Sweden
Sotheby’s International Realty team
CARDIS IMMOBILIER SOTHEBY’S
INTERNATIONAL REALTY
Cardis Immobilier Sotheby’s International
Realty recently completed a record-breaking CHF
25’000’000 sale by utilizing the Sotheby’s International
Realty referral system. The building, located on Quai
des Bergues, was built in 1830 and is comprised of 12
apartments with unobstructed views of Lake Geneva
Properties, building plans include high-end private
and the Jet d’Eau fountain. Having already received nu-
residences with 11-foot ceilings, gym facilities, VIP
merous offers on the property, Cardis Immobilier was
parking, a modern and spacious lobby, unobstructed
then referred to potential buyers seeking a high-end
views of the Dubai Eye and Palm Jumeriah from
property from Michael Pellegrino of Sotheby’s Inter-
each unit and direct beach access. Gulf Sotheby’s
national Realty Inc. in New York City.
International Realty will put 25 of the development’s
GULF SOTHEBY’S
INTERNATIONAL REALTY
Gulf Sotheby’s International Realty has been
units on the market ahead of the project’s full release.
In addition, the firm, which currently operates
in Dubai and Abu Dhabi, recently announced plans
to expand into five additional Gulf countries—Saudi
named the exclusive sales and marketing team for
Arabia, Qatar, Bahrain, Kuwait and Oman. Gulf
1/JBR, a residential development in the coveted
Sotheby’s International Realty intends to open seven
Jumeirah Beach neighborhood of Dubai. A project by
new offices around the region in order to best serve the
real estate master developer and asset manager Dubai
Middle East’s luxury real estate market.
24
APAC
International Realty, has been named Head of the India
Mallorca Sotheby’s International Realty recently
Desk. Since the inception of the India Desk earlier this
hosted a private event for the opening of the China
year, the two companies have
“Works in Progress” exhibit,
exchanged over 30 referrals
a photography exhibition
and have closed on two large
at Museo Casal Solleric.
transactions. In addition,
The exhibition features the
developers from India have held
most important collection
presentations at the United
of Contemporary Chinese
Akash Puri, head of the India Desk at United Kingdom
Sotheby’s International Realty
Kingdom office to showcase their
Art held in the Balearics to
new development projects. The
date. The event took place
North India Sotheby’s International Realty has set
India Desk has been an integral
in September and included
up an India Desk at the United Kingdom Sotheby’s
part in organizing referrals,
International Realty office in London as a way to build
cross-networking presentations
synergy between the two offices and manage business
and client engagement between both companies.
"Works in Progress" exhibit hosted by Mallorca Sotheby's
International Realty
a viewing of the exhibit and
specialty appetizers created
by renowned chef Marc Fosh.
CANADA
referrals. Akash Puri, from North India Sotheby’s
Michael Valdes, global vice president of international
in Toronto, was attended by agents from the Greater
servicing at Sotheby’s International Realty Affiliates LLC,
Toronto Area (GTA), Canada’s largest metropolitan
and Robert Byrne, the brand’s vice president of affiliate
area, including representatives from Toronto,
services for the Northeast region, joined the Sotheby’s
Oakville, Niagara-On-The-Lake, Muskoka and other
International Realty Canada team to kick off the fall
surrounding regions. The event was hosted by John
real estate market with presentations on the growth
Poole, vice president and broker of record for Sotheby’s
of the Sotheby’s International Realty global network
International Realty Canada’s Ontario brokerage,
and marketing platform. The presentation, which took
Maureen O’Neill, broker manager for the GTA, and
place on September 17 at The Estates of Sunnybrook
Christine Mitchell, managing broker for Oakville.
th
Members of the Sotheby’s International Realty Canada team with
Michael Valdes, Robert Byrne and John Poole.
25
AUCTION
CALENDAR HIGHLIGHTS
Collection J. – A.S. Let Grands
Maitres de la Bande Dessinee
October 24 | Paris
Classical Chinese Furniture from a
European Collection
November 11 | London
Rugs and Carpets from
Distinguished Collections
November 3 | London
Agents of Style: Gentlemen’s
Accessories
November 16 | New York
19th Century European Art
November 3 | New York
Travel, Atlases, Maps & Natural
History
November 17 | London
The Collection of A. Alfred Taubman:
Masterworks
November 4 | New York
Arts of Europe: Furniture and
Decorative Arts
November 10 | London
Les Lalanne
November 24 | Paris
The Library of an English Bibliophile,
Part V
November 24 | London
Bordjalou Kazak rug, West Caucasus; Estimate: £20,000 – 30,000 GBP; Rugs and Carpets from Distinguished Collections
NEWS
&
VIEWS
FROM THE GLOBAL
REAL ESTATE INDUSTRY
“Residential sales in Canada increased slightly by 0.3% month
on month in August and transactions were up 4% compared
to a year ago, the latest index shows. The data from the
Canadian Real Estate Association also shows that the number
of newly listed homes for sale increased by 0.5% while prices
are up 8.7% year on year but this drops to 4.2% when Greater
Vancouver and Greater Toronto are taken out of the calculation.”
Property sales in Canada up slightly month on
month, latest data shows
propertywire, september 16
“Even though more consumers are using the Internet as a tool
during their home search, buyers are increasingly utilizing
the knowledge and expertise of a real estate agent, according
to the National Association of Realtors®' Real Estate in a
Digital Age report. ‘Consumers have the ability to do more
home buying research online and be more connected during
the home search process than ever before, but research
proves they are still seeing the value a Realtor® brings to the
transaction, from the initial search to well after the closing,’
said NAR President Chris Polychron, executive broker with 1st
Choice Realty in Hot Springs, Arkansas. ‘Realtors® bring great
value to buyers from every generation, demographic and
location as well as in every financial and familial situation. So
while consumers have more technological tools available at
their fingertips, Realtors® are now more than ever a part of the
home buying and selling equation.’"
Home Buying Process Involves Greater
Technology, Realtor® Use
national association of realtors, september 17
Editor: Lindsey Scharf | [email protected] | Writers: Lindsey Scharf, Erik Weinbrecht, Natalie Hernandez | Designer: Jenny Brover
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