Sotheby’s International Realty Affiliates LLC announced that its global real estate sales volume has exceeded $112 billion in 2018 with its affiliated brokers and sales professionals.
This is the highest annual sales volume performance in the history of the brand, says company. Additionally, 27 affiliated companies surpassed $1 billion USD in sales volume in 2018.
At year-end, the network totaled more than 990 offices in 72 countries and territories and more than 22,500 affiliated sales associates worldwide.
“Experts predicted that 2018 would be a slow year for the global real estate market,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.
“Despite the forecast, our talented affiliated companies and their sales associates continued to perform at the top of their game to drive a year-over-year sales volume increase that is truly remarkable. We are going to keep the momentum going in 2019 and we will continue to empower the Sotheby’s International Realty network by offering innovative products, tools, and research to provide best in class service.”
In the United States, the Sotheby’s International Realty brand achieved more than $100 billion USD in sales volume in 2018.
Outside the United States, the Sotheby’s International Realty brand achieved more than $12 billion USD in sales volume in 2018 while continuing to expand into key markets.