Select Sotheby’s International Realty, founded in 2007, with offices in Saratoga Springs, Bolton Landing and Lake Placid, is excited to announce that Daniel Collins is the new President/CEO and sole owner of the company.
Dan Collins purchased the shares formerly owned by John A. Burke, Jr. on July 17, 2015. Burke founded the company with three other partners in 2007 and started out with no agents, no clients and no listings. As of July 2015, the company has 56 agents and over 480 active listings. In 2014, the total sales volume was over $110 million.
“My passion is in business development, the start-up phase of new companies. Select Sotheby’s International Realty has reached a point of maturity, and I am excited and confident that Dan Collins can take the company to the next level,” Burke said.
John is also excited for the opportunity to build his sales portfolio as an associate real estate broker for the firm and to focus on service for his clients. Real estate will remain a strong passion for him. He is committed to providing a level of service that is consistent with the Sotheby’s International Realty brand, and by stepping down as President/CEO, he can focus more of his energy on doing so.
Burke also noted that he is at a point in his life where he wants to spend more time with his family, especially his children. With only 4-5 years before they are off to college, he wants to be sure he can attend all of their school and life events, having as much of a presence as possible.
Dan Collins is excited to make some positive changes for the company, including building a more agent-centric business with a focus on training and development. “We want to create an environment where the agents won’t be competing with the brokers for sales,” Collins said. “We’re going to be personally working with each agent to help them be more successful, which is mutually beneficial for the company. I have also decided to promote Andrea Demoracski to Director of Operations. Her primary role will be overseeing the agent support team, and improving the overall agent experience by streamlining and developing processes to make things run more efficiently.” Dan is a former owner of D.A. Collins, a full service construction group headquartered in Upstate New York.
Current Vice President, Joanne DiMarco, will continue her role of growing the company revenue, with agent recruiting, training, development and day-to-day management support for the agents.
As part of the change, the company hosted a meeting and celebration for its staff, agents and clients. Featured guests Fran Santangelo, Senior Vice President of Sotheby’s International Realty Affiliates, LLC, and Robert Byrne, Vice President of Affiliates Services Northeast for Sotheby’s International Realty Affiliates LLC, were on hand for the event.