MADISON, New Jersey and
ATHENS, Greece, May 25, 2017
/PRNewswire/ -- Sotheby's International Realty Affiliates LLC
today announced it has signed a long-term franchise agreement with
Greece One Realty Limited to further expand the Sotheby's
International Realty® brand presence in Greece and with Rodon Realty P.C. for the
opening of Rhodes Sotheby's International Realty in Rhodes.
Greece Sotheby's International Realty is led by seasoned real
estate professionals Savvas
Savvaidis, president and chief executive officer, and
Natalie Leontaraki, chief operations officer. Savvaidis also serves
as the chief executive officer of Rhodes Sotheby's International
Realty. With a flagship office in the historic capital city of
Athens, Greece Sotheby's
International Realty will continue to serve the luxury residential
real estate market throughout the country and in key areas
including Mykonos, Crete and
Corfu, while Rhodes Sotheby's International Realty will focus on
the unique market in Rhodes, the largest of the Dodecanese islands
of Greece.
"Greece and its islands are
emerging as an attractive luxury real estate market in the
Mediterranean," said Philip White,
president and chief executive officer of Sotheby's International
Realty Affiliates LLC. "Rhodes is one of the most popular tourist
destinations in Greece known for
its rich history, beaches and 300 days of sunshine, and we are
proud to have Savvas Savvaidis at
the helm of this expansion within the country."
"The luxury real estate sector in Greece has a promising future," says
Savvaidis. "Greece's luxury
tourism market is expanding rapidly while state-of-the-art golf
resorts and branded mixed-use developments are creating a strong
luxury footprint in the Mediterranean. Being a part of the
Sotheby's International Realty brand allows us access to
unparalleled marketing platforms for these high-end developments,
an excellent recipe for a successful business operation."
The Sotheby's International Realty network currently has
more than 20,000 affiliated independent sales associates located in
approximately 880 offices in 69 countries and territories
worldwide. In 2016, the brand achieved a record global sales volume
of $95 billion USD. Greece Sotheby's
International Realty and Rhodes Sotheby's International Realty
listings will be marketed on the sothebysrealty.com global website.
In addition to the referral opportunities and widened exposure
generated from this source, the firm's brokers and clients will
benefit from an association with the Sotheby's auction house and
worldwide Sotheby's International Realty marketing programs.
Each office is independently owned and operated.
About Sotheby's International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful
marketing and referral program for luxury listings, the
Sotheby's International Realty network was designed to
connect the finest independent real estate companies to the most
prestigious clientele in the world. Sotheby's International Realty
Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE:
RLGY), a global leader in real estate franchising and provider of
real estate brokerage, relocation and settlement services. In
February 2004, Realogy entered into a
long-term strategic alliance with Sotheby's, the operator of the
auction house. The agreement provided for the licensing of the
Sotheby's International Realty name and the development of a
full franchise system. Affiliations in the system are granted only
to brokerages and individuals meeting strict qualifications.
Sotheby's International Realty Affiliates LLC supports its
affiliates with a host of operational, marketing, recruiting,
educational and business development resources. Franchise
affiliates also benefit from an association with the venerable
Sotheby's auction house, established in 1744. For more information,
visit www.sothebysrealty.com.
CONTACT
David Russell
Director, International Marketing and Public Relations
Sotheby's International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940
+44 208 123 1959
David.Russell@sothebysrealty.com
Sothebysrealty.com
Savvas
Savvaidis
President & Chief Executive
Officer
Greece Sotheby's International Realty
11 Voukourestiou st, 10671 Athens,
Greece
+30 210 968
1070
savvas.savvaidis@sothebysrealty.gr
www.sothebysrealty.gr
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