Sotheby's International Realty Franchise

Sotheby's International Realty Franchise Opportunity

Sotheby’s International Realty stands as a beacon of luxury in the real estate world, offering unmatched marketing and referral programs for high-end listings. With a storied heritage dating back to 1744, the Sotheby’s brand brings prestige and a well-renowned reputation to its franchisees. Whether you're an established real estate professional looking to elevate your business or an entrepreneur seeking to enter the luxury real estate market, Sotheby’s International Realty provides a world-class opportunity.

Franchise Overview

Joining the Sotheby’s International Realty network gives franchisees direct access to a wealth of resources, including:

• Operational Support
• Innovative Marketing Tools
• Comprehensive Recruiting Assistance
• Educational Programs
• Business Development Strategies

This support ensures that franchisees can effectively market and manage luxury real estate properties, leveraging the prestigious Sotheby’s name and its global reach.

Franchise History

The original Sotheby’s Auction House was established in 1744, earning a remarkable reputation for auctioning some of the world’s most valuable artifacts, art, and antiques. Building on this legacy, Sotheby’s International Realty was founded in 1976. It has since grown rapidly, especially following a strategic alliance with Realogy Corporation in 2004, the world’s leading real estate brokerage franchisor. Today, Sotheby’s International Realty boasts over 600 offices worldwide, spanning 45 countries and territories.

Investment Information

The financial aspects of joining the Sotheby’s International Realty network are as follows:

• Liquid Capital Required: $51,500
• Net Worth Required: $150,000
• Initial Investment: $153,500 - $566,000
• Franchise Fee: $25,000
• Royalty Fee: 6% on gross receipts
• Advertising Fee: 2%

This investment provides franchisees with access to the unparalleled support and resources offered by one of the most prestigious names in real estate.

Recognition and Awards

Sotheby’s International Realty has been recognized as a leader in franchisee satisfaction. Notably, it was named Best in Category for Real Estate Franchisee Satisfaction by Franchise Business Review for three consecutive years, and was ranked third overall among all franchise categories with more than 200 locations in 2010. These accolades reflect the high level of support and success franchisees enjoy within the Sotheby’s International Realty network.

Key Takeaways

• Prestigious Brand: Benefit from the rich history and global reputation of the Sotheby’s name.
• Comprehensive Support: Access extensive operational, marketing, and business development resources.
• Proven Success: Join a network with over 600 offices in 45 countries, backed by a legacy of excellence in real estate.
• Recognized Excellence: Enjoy the confidence of being part of a franchise highly rated for franchisee satisfaction.

Ready to elevate your real estate career with a Sotheby’s International Realty franchise? Download the franchise disclosure document or fill out the free information request form on this page to get started today!