7/20/2006

Sotheby's Int'l Realty Luxury Network Expanding in More Than 30 Countries around the World

Sotheby's Int'l Realty Luxury Network Expanding in More Than 30 Countries around the World

RISMEDIA, July 20, 2006-Sotheby's International Realty Affiliates, Inc. announced the Sotheby's International Realty R network is now operating in 18 nations and has executed master franchise agreements to expand into 16 additional countries and territories.

Since September 2004, more than 100 firms around the world have signed multi-year franchise agreements to operate Sotheby's International Realty R offices.

Sotheby's International Realty affiliates are part of a truly global full-service luxury real estate network. Franchisees are provided with worldwide marketing support and business development tools to enhance their position as a luxury leader in their respective markets. In turn, the franchise affiliates provide real estate clientele with global marketing exposure and high quality real estate services.

"We began to create the Sotheby's International Realty franchise network less than 30 months ago, and are extremely pleased with the response from the luxury market," said Michael R. Good, president & CEO of Sotheby'sInternational Realty Affiliates, Inc.

"For far too long, luxury real estate firms and their clientele only could choose to be part of referral networks offering little more than marketing support for select listings. Not only do we provide superior global marketing exposure for our affiliates' propertylistings, we also support these firms with a full range of products and systems that help strengthen their businesses."

"With deep roots in the world-renowned Sotheby's auction house, our brand attracts savvy international real estate buyers and sellers. Our network's innovative real estate services are designed to connect these highly desired consumers with our franchisees and their sales professionals," added Good.

The Sotheby's International Realty luxury network currently has more than 325 offices located in 18 countries including Anguilla, Australia, Bahamas,Bermuda, Canada, Cayman Islands, Costa Rica, Dominican Republic, France, NewZealand, Saint Barthelemy, Saint Maarten / St. Martin, South Africa, Spain, Switzerland, United Kingdom and the United States.

Master franchise agreements have also been signed with companies located in16 additional countries and territories, including firms in Argentina, Barbados, Brazil, British Virgin Islands, Mexico, Monaco, Nicaragua, Panama, Portugal, Puerto Rico, Russia, Saba, Thailand, United Arab Emirates, Uruguay and the U.S. Virgin Islands.

These companies are expected to open Sotheby'sInternational RealtyR offices in the near future.

http://rismedia.com/index.php/article/articleview/15275/1/1/

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