We are very proud to announce our 2020 Select Sotheby’s International Realty President’s Club! Each agent who is inducted into this club will provide you with an unparalleled experience with buying or selling your next home. Congratulations to all of these outstanding professionals.
Sotheby’s International Realty Sees 32% Sales Growth, Achieving $150 Billion In Global Sales Volume In 2020
Sotheby’s International Realty is pleased to announce that its affiliated brokers and independent sales professionals achieved a record US$150 billion in 2020 global sales volume, a nearly 32% increase in sales growth year over year, as the definition of home changed for consumers around the world. Due to a longstanding commitment to innovation, Sotheby’s International Realty® agents were able to seamlessly help clients navigate the changing market dynamics brought on by the global pandemic with existing technology offerings which propelled business momentum.
Agents affiliated with Sotheby’s International Realty quickly pivoted to address the impact of the global pandemic,” said Philip White, president and CEO of Sotheby’s International Realty. “Thanks to innovations we pioneered nearly a decade ago, our affiliated companies and agents made the impossible possible. Their adaptability to serve clients safely further extended our position as a leader in luxury real estate.”
Long-Standing Commitment to Virtual Technology Paved Way for Success
Sotheby’s International Realty continued to lead the industry and was well-positioned to meet the needs of consumers as the buying and selling process became increasingly virtual. Sotheby’s International Realty agents accelerated the use of the brand’s existing video, virtual reality, and live-streaming technology to produce new forms of content that engaged buyers and set a new standard for marketing luxury properties. Currently, buyers can safely tour more than 6,000 properties via virtual reality or video on sothebysrealty.com. Property videos also proved engaging on social media where the brand’s YouTube channel delivered 43 million views, or the equivalent of more than one million hours watched.
As a leader in the luxury real estate industry, Sotheby’s International Realty is able to anticipate trends,” said Chief Marketing Officer, Bradley Nelson. “Our priority remains to present listings in the best possible manner and to provide a superb end-user experience however buyers prefer to search for their new home. Virtual technology has been at the forefront of our marketing strategy for several years and comes as naturally to us as our commitment to high quality service.”
The brand also unveiled a new website, sothebysrealty.com, available in 14 languages and nearly 60 currency conversions, to continue serving its growing international clientele and fuel referrals worldwide. The website achieved a notable amount of traffic for the brand with 37 million visits in 2020. Property videos on the site produced by Sotheby’s International Realty agents were especially popular and played nearly 13 million times in 2020, totaling more than 90,000 hours watched.
A Year of Strategic Growth and Record Achievements
Despite travel restrictions, Sotheby’s International Realty remained committed to expanding its global footprint and achieving strategic growth. In 2020, the brand opened more than 50 new offices across the world, bringing the brand’s total presence to nearly 1,000 offices in 75 countries and territories with approximately 24,000 independent sales associates worldwide.
The brand’s existing affiliated companies around the world continued to grow in 2020. Sotheby’s International Realty increased its total domestic presence to 45 states around the country. Sotheby’s International Realty facilitated affiliate expansions through 12 domestic M&A transactions, including California, Colorado, Florida, Massachusetts, and Washington.
The brand also continued to expand internationally in key markets and opened offices in seven new territories. In Europe, the brand expanded to Ukraine, Romania, Montenegro, and in Germany. In the Asia-Pacific region, the brand opened its first office in South Korea and expanded in the Caribbean and Latin American region with two new offices in Paraguay and Antigua & Barbuda.
Our international footprint is one of our greatest competitive advantages,” said Tammy Fahmi, vice president, global operations and international servicing. “Our brand’s locations are in the most desirable places around the globe, so our clients know they can rely on our local market expertise wherever they are looking to buy or sell.”
As affluent individuals looked to acquire secondary homes in markets around the world, Sotheby’s International Realty agents acted as true global real estate advisors and referral volume surged by 42% to US$2.9 billion in closed sales volume.
Our 2020 results prove what is possible when you focus on quality above all else. We remain proud to be the real estate brand of choice for so many luxury real estate experts and affluent clients. We will continue to work tirelessly to prove their trust has been well placed,” concluded White.
2020 Brand Stats Video
Sotheby’s International Realty achieves $108 Billion in global sales volume for 2017. The Sotheby’s International Realty brand also reported growth across its global network. At year-end, the network totaled nearly 950 offices and approximately 22,000 sales associates worldwide. We are so proud to be a part of this powerful brand!
Examiner.com recently published an article highlighting their wine and food adventures in the Finger Lakes region of New York last summer (including The Thirsty Owl, whose outlet we have just down the road from our office in Saratoga Springs!) Indeed, this region is recognized internationally as first-rate wine country with it’s endless lines of vines, collection of crystal clear lakes and rolling green hills. With over 100 vineyards located around Seneca, Cayuga, Canandaigua, Keuka, Conesus and Hemlock lakes, the main grape varieties include Riesling (for which the area is renowned), Chardonnay, Pinot Noir, Cabernet Franc, Vidal Blanc and Seyval Blanc. Check out four of our fantastic Finger Lake listings below!
Home, sweet home, on Keuka Lake! This beautiful hillside property features gorgeous lake views and 20 feet of lake frontage to enjoy and develop. The home is spacious and light-filled; perfect for family living or as a rental property. Situated on a private 2.7 acre wooded lot, but still only a short walk to two local wineries, it exemplifies Lake Living at its best!
This enchanting estate sits on 7 private acres in the beautiful Finger Lakes Region of Central NY, just minutes from the charming village of Geneva on the shores of Seneca Lake. Impressive stone pillars flank the entrance to the long driveway, creating a private sanctuary for year-round living or a country/vacation home. Built in 1910, this 5,424 square foot home features exquisite architectural details but has conveniences for modern living. The majestic barn has over 7,000 square feet, and the grounds are very mature and trees are well-placed. Revel in the enjoyment of the stream, woods, meadows and abundance of wildlife; if you value solitude and peace, this is the place for you.
Savor the sunsets on this gorgeous east-side Keuka Lake home; private and quiet, yet you can still walk to town. This property boasts 159 feet of level lake frontage and two over-sized docks: one for sunning, and one that is a covered boat house. There is ample outdoor living space with a spacious covered deck with ceiling fans and electric, creating the perfect setting for viewing the lake come rain or shine! Inside, enjoy the open floor plan and lake views from every room and decks on each level. Meticulously maintained, this home is move-in ready!
This property presents the best components of a multi-faceted lifestyle; waterfront living, the convenience of nearby village shops and restaurants and the benefits of lower taxes and maintenance free condo living! This 2 bedroom waterfront condo has amazing views of the Lake and is sleek, elegant and move-in ready. The 121 feet of waterfront with dock and steps into the water provide easy enjoyment of the lake, and boat mooring is also available.
Buying a vacation home sounds like a dream, but that doesn’t make it the right move financially. Consider these three things to see if purchasing a vacation property makes sense for you.
Realtor.com teamed up with Keir Weimer, an Associate Real Estate Broker with Select Sotheby’s International Realty, to promote his expert advice at a national level, on three things you should consider before purchasing a vacation home. Keir’s team specializes in second home, commercial and resort properties throughout the Adirondack Park and Upstate New York.
It’s that time of year! Roll out the wings and grab yourself a cold one – Superbowl Sunday is upon us. After a heated season, we are all geared up to watch the Panthers take on the Broncos at Levi’s Stadium in sunny Santa Clara; and what better way to watch than in the comfort of your own home theater? Check out four of our listings below, with game-day viewing facilities guaranteed to score a touchdown with your football-fanatic friends and family.
36 Stony Brook Drive, Saratoga Springs NY | $8,600,000
The most magnificent mansion available in Saratoga Springs, this 25,000 square foot home offers every amenity imaginable. From the indoor basketball court to the indoor and outdoor swimming pools to the 20 seat movie theatre, there is plenty of room for everyone, giving your guests a Superbowl experience that they will never forget.
2 Sandy Drive, Amsterdam NY | $349,900
This property does not fall short on entertainment options, and the home theatre with stadium seating, two refrigerators, A/V equipment and 120-inch screen is guaranteed to impress.
9 Taymor Trail, Clifton Park NY | $1,390,000
Private and pristine, this property backs up onto 50 acres of protected land, but still allows for an easy commute to New York’s Capital District. A more intimate setting in which to watch the game, sit back and take in the action in one of the reclining leather seats in the professional home theater.
7-9 University Place, Amsterdam NY | $679,000
This unique home was once the vacation spot of Star Trek’s William Shatner and boasts a large common living area with two separate wings. Since there’s plenty of space to host family and friends alike, catch the game in the 31-seat movie theatre and keep yourself refreshed at the nearby built-in bar.
PS – Since the commercials that air are as hotly anticipated as the game itself, we are extra excited to see our local coffee company, Death Wish Coffee, hit the big screen with their debut Superbowl Commercial!
What do you attribute your success to this year?
“I attribute much of my sales volume growth in 2015 to creating real relationships with people, sometimes for years, so that when someone is ready to enter the real estate market, they feel comfortable knowing that I have their best interests at heart.”
How has your affiliation with SIR helped?
“SIR has exceptionally high standards for property presentation, which I love. When the unique and special features of a property are allowed to shine, it makes my job more fun and therefore makes me more enthusiastic about showing someone why a particular home is right for them.”
What’s your favorite thing about the Real Estate Industry?
“On a professional level, I love that every transaction is different and presents a new set of challenges to work through. On a personal level, I love when a sale is complete and my buyer or seller can begin the next chapter in their lives. I gain a true sense of satisfaction to be able to successfully partner with someone on an important and exciting life transition.”
What are your goals for next year?
“My goal is simple, to continue to do the absolute best job that I can for every one of my clients. The rest falls into place.”
Sarah Hislop is a Licensed Real Estate Salesperson with Select Sotheby’s International Realty.
If you haven’t stopped by our office to grab our latest copy of Portfolio, make sure you do. Or, if you can’t make it by, click below to read it online.
We have always cherished our bond with the equine world, that envelops this time of year as the Saratoga Racetrack finishes another season. The Equine Lifestyle truly encompasses a unique and unparalleled way of living. The mind’s eye draws images of verdant pastures, rolling hills and of course, the quintessential rustic barns and stables. The perfect retreat from life’s hustle and bustle, harking back to nature’s simplicity and timeless charm. From classic farmsteads to contemporary country mansions, we are confident that our Portfolio holds the perfect property for you.