Sotheby’s International Realty continued to flourish in 2019 achieving more than $114 billion in global sales volume, the highest performance in the company’s 47-year history. On a local level, Sierra Sotheby’s International Realty, the brand’s Reno and Lake Tahoe-based affiliate contributed nearly $1 billion of the overall sales volume.
Sotheby’s International Realty President and chief executive officer, Philip White reflected on the year, “In 2019, the Sotheby’s International Realty® brand continued to achieve solid growth.” White continued, “the brand expanded into new countries and territories and entered new markets in the U.S. We continued to make strategic business decisions that benefitted both our independent sales associates and affiliate companies. I am immensely proud of the hard work and dedication from our vast global network, and I look forward to continuing this momentum in 2020.”
Sales volume is not the only place the iconic real estate brand saw growth, Sotheby’s International Realty expanded its global reach, opening 50 new offices, bringing the total to 1,000 offices in 70 countries, with more than 23,000 sales associates worldwide. Together, with their sister companies Summit Sotheby’s International Realty in Utah and LIV Sotheby’s International Realty in Colorado, Sierra Sotheby’s International Realty was ranked #1 among Sotheby’s International Realty affiliates around the globe by Real Trends and Wall Street Journal.
As a commitment to providing top of the line service to associates and clients, Sotheby’s International Realty continued to roll-out cutting-edge technology and exclusive marketing affiliations. 2019 saw the birth of several new and exciting programs, including Current by Sotheby’s International Realty, a robust marketing suite of technology tools consisting of best-in-class and exclusive apps, which provide sales associates with a distinctive and competitive edge in the market.
The brand also entered into an affiliation with Bloomberg.com. Sotheby’s International Realty is now the exclusive launch sponsor for a new luxury property marketplace, among others. These are just a few examples of the tools and marketing opportunities only Sotheby’s International Realty offers.
For all of your real estate needs, trust Sierra Sotheby’s International Realty.