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Real Estate

Sotheby’s International Realty Brand Enters Sri Lanka

Sotheby’s International Realty Affiliates LLC today announced it has signed a 25-year franchise agreement with Realpro Realty Solutions Private Limited to further expand the Sotheby’s International Realty® brand in South Asia with the formation of Sri Lanka Sotheby’s International Realty.

Sri Lanka Sotheby’s International Realty will be led by CEO Amit Goyal and President Ashwin Chadha, who also stand at the helm of India Sotheby’s International Realty. The firm will serve the luxury residential real estate market throughout Sri Lanka with a flagship office in Columbo that is set to open in June of this year. Charles Phillpot, a seasoned real estate professional from the United Kingdom, will serve as the office’s resident director.

“Sri Lanka is an attractive global market for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Over the past three years, Amit Goyal and Ashwin Chadha have demonstrated strong leadership in India and are a prime example of how to successfully leverage the brand’s global network. We are proud to support this expansion into Sri Lanka.”

“The luxury real estate sector in Sri Lanka has a promising future,” said Goyal. “Sri Lanka’s luxury real estate market is expanding rapidly with condominium developments in Colombo, branded resorts and villas along the magnificent coastline, and private estates in the famous tea country, creating a strong luxury footprint in the region.”

“We strive to provide the very best service to our clients,” said Chadha. “This is underlined by the significant attention and services we provide to our clients both locally and regionally. The Sotheby’s International Realty brand’s reputation positions us well in India and now in Sri Lanka.”

April 6, 2018 by
Real Estate

Sotheby’s International Realty Brand Expands Presence in Middle Tennessee

Sotheby’s International Realty Brand Expands Presence in Middle Tennessee

Sotheby’s International Realty Affiliates LLC today announced that Zeitlin & Co., Realtors in Tennessee is the newest member of its global network and will now operate as Zeitlin Sotheby’s International Realty.

Established in 1979, Zeitlin Sotheby’s International Realty is owned by Shirley Zeitlin, founder and chairman, Patricia Carter, president, Jessica Averbuch, CEO, and Sam Averbuch, COO. The firm serves the luxury residential real estate markets covering the greater Middle Tennessee region including Davidson County, home to the key city of Nashville, and all of Williamson County.

“Nashville and the greater Middle Tennessee area has transformed to a global epicenter with its own unique culture that has attracted an international audience,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “The Zeitlin company is a luxury leader in the Middle Tennessee community having served there for nearly 40 years and we are proud to welcome Zeitlin Sotheby’s International Realty to our global network.”

“Partnering with the Sotheby’s International Realty® brand is an outstanding opportunity that allows our local company to join forces with a global entity,” said J. Averbuch. “This affiliation will provide new and innovative avenues for us to better serve our clients across the board. As Zeitlin Sotheby’s International Realty, our clients will have access to a myriad of resources, which will enhance our ability to serve them in a holistic manner.”

In addition to being a full-service residential real estate brokerage, the firm of 130 agents is also deeply committed to giving back through its charitable fund, which partners with three local non-profits: Second Harvest Food Bank of Middle Tennessee, Bridges Domestic Violence Center, and Our Kids Center.

Zeitlin Sotheby’s International Realty is located at 4301 Hillsboro Pike, Suite 100 in Nashville and 580 Franklin Road, Suite 300 in Franklin. Alliance Sotheby’s International Realty also operates in the state of Tennessee, serving the greater Knoxville area.

April 4, 2018 by
Architecture, Real Estate, Residential

Significant Sales ~ February 2018

From a record breaking Scottsdale estate to a Southwestern retreat in Tucson, this issue of Significant Sales features extraordinary homes throughout the great state of Arizona.

Our top February sale by Frank Aazami of the Russ Lyon Camelback Tower office is the priciest residential sale through the Arizona Multiple Listing Service (ARMLS). The home was Designed with a rich palette of the finest finishes and unparalleled craftsmanship with the intention to impress, the home offers 6 bedrooms, 3 bonus rooms, 14 baths and 8 garages.

“This was an extraordinary sale not only for Russ Lyon Sotheby’s International Realty but also for Arizona’s residential real estate market,” said Chairman Jim Lyon.  “This really speaks to the growth we are seeing right now, particularly in the luxury real estate sector.  Homes that have traditionally been on the market for some time in these top tier price points are now beginning to sell and at fantastic prices.”

For additional sales of note, see below.

 
April 3, 2018 by
Architecture, Real Estate

Sotheby’s International Realty Brand Expands Presence in Massachusetts

Sotheby’s International Realty Brand Expands Presence in Massachusetts

Sotheby’s International Realty Affiliates LLC today announced that its independently owned and operated affiliate Harborside Sotheby’s International Realty in Massachusetts has merged with Sagan Realtors and will now operate as Sagan Harborside Sotheby’s International Realty.

The merger expands the firm’s presence across Essex County, serving the luxury residential real estate markets in Swampscott and Marblehead. Sagan Harborside Sotheby’s International Realty has approximately 80 independent sales associates.

“The formation of Sagan Harborside Sotheby’s International Realty brings together two strong real estate firms powered by our global network,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Phyllis Sagan and her team have a rich heritage in Swampscott and this merger expands the Sotheby’s International Realty® brand’s footprint in the North Shore, securing Sagan Harborside Sotheby’s International Realty’s position as one of the area’s top firms. We are proud to welcome the Sagan team to our global network.”

Phyllis Sagan, former broker/owner of Sagan Realtors, will become President of Sagan Harborside Sotheby’s International Realty. Shari Sagan McGuirk and Julie Sagan, formerly of Sagan Realtors, will become Partners at the firm along with Michael Cannuscio, Matt Dolan, and Dick McKinley, former broker/owners of Harborside Sotheby’s International Realty.

“We are a local independent office with deep roots in our community,” said P. Sagan. “The Sotheby’s International Realty brand has a reputation of excellence and this merger grants us greater access to the global real estate market, reaching far and wide to find the most qualified buyers. In addition, the size and scope of the Sotheby’s International Realty brand enables independent sales agents to have the most current, ground-breaking, and effective tools to help our clients reach their real estate goals.”

With this addition, the Sotheby’s International Realty network now has 45 branded offices throughout the state of Massachusetts.

March 29, 2018 by
Architecture, Augmented Reality, Real Estate, Technology

Sotheby’s International Realty Launches Virtual Staging Augmented Reality App: One of the First Experiences Built with Google’s ARCore

Curate by Sotheby’s International Realty, powered by roOomy, Revolutionizes the Homebuying and Selling Experience for Sales Associates and Consumers

MADISON, N.J.  – Sotheby’s International Realty Affiliates LLC today announced the launch of Curate by Sotheby’s International Realty(sm), a mobile augmented reality (AR) app that will bring a home’s virtual staging images from 2-D perception into augmented reality; the app was built with ARCore, Google’s AR Software platform, and is powered by roOomy, the leading virtual staging technology platform specializing in 3D/AR/VR content creation and application development. Curate by Sotheby’s International Realty allows consumers to visualize a house as their own before purchase, thereby curating the homebuying experience. Working closely with Google in the run up to ARCore’s release, the Sotheby’s International Realty® brand is the first real estate brand to launch and implement a virtual staging AR app, transforming the homebuying and selling experience for sales associates and consumers.

Curate by Sotheby’s International Realty is taking virtually staged images from a flat, 2-D screen into the house itself through the power of AR. The app also features a curated selection of AR interior designs, ranging from modern living rooms to traditional dining rooms that provides the consumer with the opportunity to immediately swap among these styles, something physical staging could never accomplish.

For video and images of the app in use, as well as quotes, click here. If you have one of Google’s ARCoreenabled mobile devices, download the app here.

Curate by Sotheby’s International Realty app features:

  • Visualization – Any property can be transformed through a curated selection of AR furnishings and décor sets. Listing-specific staging options will be available in the near future.
  • Recollection – The app has screenshot capabilities, allowing viewers to capture and store the images of AR furniture sets placed within the visit.
  • Shop – Virtual home furnishings can be clicked for more information about the product, including a link to exit the app and be directed to a retailer’s website. All furniture is shown to-scale and provides accurate room dimensions; ensuring furniture viewed in the app will be a fit, making purchasing and moving into a new home easier on new home buyers.

Curate by Sotheby’s International Realty app benefits: Research has shown that an AR experience allows consumers to form more accurate expectations, therefore increasing confidence in purchasing decisions and shortening the sales cycle.1

  • For prospective homebuyers – Viewing a potential house in AR breaks down visualization barriers that often accompany the homebuying process, allowing prospective homebuyers the unique ability to envision the house in their personal taste and style. Curate by Sotheby’s International Realty offers 1 Harvard Business Review, A Manager’s Guide to Augmented Reality, November-December 2017 issue the opportunity for buyers to ultimately see a house as their own home, increasing confidence in any purchasing decisions.
  • For home sellers / Sotheby’s International Realty clients – Selling a home with a Sotheby’s International Realty sales associate means tapping into the power of AR to sell the home by helping prospective buyers overcome the visualization barriers of touring an empty home or one decorated in style that differs from their taste.
  • For the Sotheby’s International Realty sales associate – The benefits for the sales associate are similar to those of the homebuyer and seller; Curate by Sotheby’s International Realty empowers the sales associate to present a home in an objective and neutral manner. The app also alleviates the need for sales associates to physically stage homes, allowing them to save money on the costs of either renting or buying and storing furniture.

Curate by Sotheby’s International Realty is available now for download in the Google Play Store. The app was built with Google’s ARCore, which can run on 100 million Android devices worldwide. The Sotheby’s International Realty brand will launch Curate by Sotheby’s International Realty for iOS this spring through a continued partnership with roOomy.

1 Harvard Business Review, A Manager’s Guide to Augmented Reality, November-December 2017 issue

March 20, 2018 by
Architecture, Land and Lots, Multi Purpose, Real Estate

Live Equestrian ~ Luxury Horse Properties

Russ Lyon Sotheby’s International Realty Presents Luxurious Horse Properties Just in time for the Scottsdale Arabian Horse Show

The famous Scottsdale Arabian Horse Show is back and set to take place February 15th- 25th at WestWorld of Scottsdale.  In honor of the famous horse show, Russ Lyon Sotheby’s International Realty presents four of the top horse properties for sale in Arizona providing both elegance and top notch amenities.

Russ Lyon Sotheby’s International Realty Agents Ed Pennington and Jeanette Sauer present the first horse property located at 6625 W State Route 89a in Sedona. Located in the middle of Sedona’s breathtaking red rocks, this property offers stunning views, a gated estate, a comfortable picnic park and a charming home that is accompanied with five bedrooms and eight bathrooms. This $14.2-million-dollar quintessential ranch provides 173 acres of land and includes a box stall barn, corral barn, working barn, hay barn and three arenas.

A 30-acre ranch personally designed by the 2017 Western Horseman of the Year, Al Dunning, is also for sale. This estate, located at 27411 N 160th St in Scottsdale is presented by Russ Lyon Sotheby’s International Realty Agent Denise Dunning-Ricketts. The ranch consists of a 3,942-square-foot residence, four modular homes, and a total of 49 stalls throughout several barns. Amenities in addition to the barns are a large cutting arena, cutting pen, round pen and a 150’x300′ arena with Priefert roping chute. This ranch is listed at $5 million.

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Another estate is located at 5180 E Rockaway Hills Drive in Cave Creek and is listed by Russ Lyon Sotheby’s International Realty Agent Debbie Omundson. This 4,926 square foot home with breathtaking views offers a unique Southwestern feel that includes four bedrooms and 5.5 bathrooms. Sitting on 14 acres, equestrians will enjoy 12 stalls, the tack shed, a bunk house and bathroom, a chicken coup, hay storage and a large arena. This rare find is listed at $1.8 million.

The next featured home is located at 1215 W Lazy K Ranch Road in New River and is presented by Russ Lyon Sotheby’s International Realty Agent Dominick Cole. This unique New River property comes fully equipped with three bedrooms, bathrooms and measures out to 2,520 square feet. This home provides the residents with 2.3 acres of fenced in horse property with a sanded training area. While being surrounded by public land with endless trails, just down the road you’ll find a public horse arena featuring rope chutes, cattle pens, night lights, and a separate warmup pen. This property is listed for $472,000.

“These horse properties all embrace luxury and elegance, which is at the heart of our Sotheby’s International Realty brand,” said CEO Todd Gillenwater of Russ Lyon Sotheby’s International Realty. “With so many horse enthusiasts living here in the Arizona, the properties are vast and offer the best of the best when it comes to modern day horse facilities and amenities.”

 

 

February 19, 2018 by