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Sotheby’s International Realty Expands Asian Real Estate Network

Sotheby’s International Realty currently has an office in 13 of the 20 top real estate markets worldwide. In the company’s latest move to remain the preeminent luxury real estate network worldwide, Sotheby’s International Realty announced plans to expand the company’s network of real estate affiliates in the Asian market.

Michael R. Good, chief executive officer of Sotheby’s International Realty Affiliates LLC says the real estate market in Asia is the company’s number one focus for growth in 2012: “The economic growth and the emerging leadership of Asia in the world economy mean significant opportunities for referral business throughout the world for our network. Our first priority will be to identify potential affiliates in China, India, Australia, Singapore, South Korea and other key locations in the Pacific Rim.”

Sotheby's International RealtyAmong current brand affiliates in Asia are Hong Kong Sotheby’s International Realty, Vietnam Sotheby’s International Realty, Hunter Sotheby’s International Realty in Thailand, Japan Sotheby’s International Realty, New Zealand Sotheby’s International Realty, and Taiwan Sotheby’s International Realty.

The Sotheby’s International Realty brand has a current network of over 12,000 agents, in over 580 offices, in over 42 countries and territories worldwide. New affiliations will only be granted to brokerages and individuals meeting the same strict qualifications current affiliates met when they first joined the Sotheby’s International Realty brand.

An expanded management team in the region will create a hub in Hong Kong to support growth in the region and service the needs of the growing network. The Hong Kong hub will also allow the regional affiliates to leverage an already close working relationship with the Sotheby’s Auction House in Hong Kong.

For more information on the expanded Asian real estate network of Sotheby’s International Realty, see the press release from Market Watch.

For information on how this expansion benefits both Asian investors looking to invest in United States property and American investors interested in investment property in Asia, contact our Realtors.

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