TTR Sotheby’s International Realty announces 2011 Sales Award Winners
Washington, DC (February 15, 2012) – TTR Sotheby’s International Realty of Washington DC today announced the winners of its 2011 annual sales awards.
Award Winners include:
Top Group:
First Place: The Yerks Team
(Penny Yerks, Piper Gioia, Karina Mallona, Aaron Scruggs, Gary Dopslaff, Susan McFalls, Ashley White)
Second Place: The Alex & Paul Team
(Paul Pike, Alex Venditti, Jared Lauer)
Top Team:
First Place: Jeff Lockard & Joseph Poduslo
Top Individual: First Place: Zelda Heller
Second Place: Cindy Golubin
The following agents or agent teams were awarded with exceptional sales achievement awards: The Donovan Seaton Team, The Rob & Brent Group, Jeff Sachse & Rick Quinones, Jean & Tim Hanan, Katherine Buckley, Kelly Williams, Julia Diaz-Asper, and Russell Firestone.
In addition, the following individuals were recognized for outstanding sales contributions in 2010:
Robert Carney, Carrie Carter, Tom Daley, Mansour Abu-Rahmeh, Rick Leverrier, Debbie Shapiro, Theresa Burt, Karen Barker, Michael Hines, and Barbara Zuckerman.
Eighteen agents received sales achievement awards, including: Loic Pritchett, Jim Firkser, Jennifer Hammond, Sally McLuckie, Elizabeth D’Angio, Marco Stilli, J.P. Montalvan, Tammy Britt, John McNamara, Michele Topel, Donna Moseley, Diana Hart, Stephanie White, Bill Abbott, Tessa Morris, Gary Frey, Deborah Eskandarian, and Ron Mangas Jr.
The firm’s sales increased 25% in 2011, and sales volume is expected to exceed $1 billion in 2012. TTR Sotheby’ International Realty was recognized by Real Trends in 2011 as one of the top 150 brokerage firms in the United States.
TTR Sotheby’s International Realty announces 2011 results, predicts healthy market in 2012
Washington, DC (January 27, 2012) – TTR Sotheby’s International Realty today proudly announced that its 2011 sales increased 25% over 2010. The firm projects 2012 sales well in excess of $1 billion, and the Washington DC area real estate market to be healthy and to continue to outperform most other US markets in 2012.
With the number of available homes for sale in the DC metro area at the lowest point in six years and only 3.28 months of available inventory (compared to over 6 months nationally), the prospect of increased development in the area in 2012 combined with interest rates at continued historic lows are reasons for great optimism for the region’s real estate market.
“We achieved several important milestones in 2011,” said Michael Rankin, one of the firm’s managing partners. “In addition to the major increase in sales, we recruited thirty of the city’s top agents and opened a new office which, after only six months, already leads the downtown market. We greatly expanded our Maryland and Virginia brokerages as well.”
In addition to listing and selling some of the Mid-Atlantic’s finest real estate, TTR Sotheby’s International Realty further expanded is commitment to the community in 2011 by sponsoring a broad range major philanthropic events benefitting important community organizations such as the Trust for the National Mall, the McLean Project for the Arts, CharityWorks, the Corcoran Gallery, Life with Cancer, the Taste of Friendship Heights and many others.
TTR Sotheby’s International Realty was recently recognized by Real Trends as one of the top 150 brokerage firms in the United States.
Atlas Lofts becomes fastest selling condo project in DC’s “H Street Corridor"
Washington, DC (October 14, 2011) – TTR Sotheby's is pleased to announce that the Atlas Lofts project in the H Street NE corridor is one of the fastest selling new homes projects in Washington, DC.
The sales team of Michael Hines and Michele Topel have sold 16 out of 18 units over the last three months, breaking all previous sales records for the area. In addition to setting a blistering sales pace during the normally slow summer months, the units were also sold at the highest price per square foot values in the submarket, creating a new benchmark for condo sales.
The Hines/Topel team identified the project as a distressed bank asset in spring of 2011 and arranged the sale to Potomac Construction Group, who closed on the project in less than 20 days. Matt Shkor, President of Potomac Construction Group said, "Mike and Michele really did an outstanding job in marketing Atlas Lofts, more than doubling our expectation for the project sales pace. Both our buyers and investors have been delighted with the results". Michael Rankin, Managing Partner of TTR Sotheby's remarked, “Michele and Mike are part of a team of experienced project sales agents at TTR Sotheby’s. I think more developers in the DC area will find us to be their sales and marketing company of choice.”
TTR Sotheby’s International Realty announces 2011 results, predicts healthy market in 2012
Washington, DC (January 27, 2012) – TTR Sotheby’s International Realty today proudly announced that its 2011 sales increased 25% over 2010. The firm projects 2012 sales well in excess of $1 billion, and the Washington DC area real estate market to be healthy and to continue to outperform most other US markets in 2012.
With the number of available homes for sale in the DC metro area at the lowest point in six years and only 3.28 months of available inventory (compared to over 6 months nationally), the prospect of increased development in the area in 2012 combined with interest rates at continued historic lows are reasons for great optimism for the region’s real estate market.
“We achieved several important milestones in 2011,” said Michael Rankin, one of the firm’s managing partners. “In addition to the major increase in sales, we recruited thirty of the city’s top agents and opened a new office which, after only six months, already leads the downtown market. We greatly expanded our Maryland and Virginia brokerages as well.”
In addition to listing and selling some of the Mid-Atlantic’s finest real estate, TTR Sotheby’s International Realty further expanded is commitment to the community in 2011 by sponsoring a broad range major philanthropic events benefitting important community organizations such as the Trust for the National Mall, the McLean Project for the Arts, CharityWorks, the Corcoran Gallery, Life with Cancer, the Taste of Friendship Heights and many others.
In addition to listing and selling some of the Mid-Atlantic’s finest real estate, TTR Sotheby’s International Realty further expanded is commitment to the community in 2011 by sponsoring a broad range major philanthropic events benefitting important community organizations such as the Trust for the National Mall, the McLean Project for the Arts, CharityWorks, the Corcoran Gallery, Life with Cancer, the Taste of Friendship Heights and many others.
Firm sells Kalorama residence of the late Senator Edward M. Kennedy
Washington, DC (July 21, 2011) – TTR Sotheby’s International Realty (TTR/SIR) announced today that it has sold the Kalorama home of the late Senator and Mrs. Edward M. Kennedy.
TTR/SIR brokers Jean and Tim Hanan sold the former Kennedy Estate, listed for $6,995,000. The gracious Federal-style home of the late Senator and Mrs. Edward M. Kennedy was complete with grand entertaining spaces that hosted national and international dignitaries, fundraising receptions, and numerous family gatherings.
The home features a large gourmet kitchen and dining room that hosts up to 50 guests. The family level contains a luxurious master suite with balconies overlooking the garden, and six additional bedrooms and en-suite bathrooms. This special residence is also complete with five fireplaces, exercise room, elevator, an office with built-ins, and a wine cellar. The Kennedys had lived in the property since 1998.
TTR Sotheby’s International Realty acquires Hounshell Real Estate
Washington, DC (May 11, 2011) – TTR Sotheby’s International Realty (TTR/SIR) has announced that it will acquire DC based realty firm Hounshell Real Estate and Property Management.
Hounshell Real Estate, a twenty person firm located in northwest Washington DC has been a mainstay of the downtown real estate market and a key player in the residential revitalization of the 14th Street corridor and surrounding communities. “We are thrilled to welcome Bill Hounshell as part of our team,” said Michael Rankin, Managing Partner at TTR/SIR.
The main office of Hounshell Real Estate will become the downtown office of TTR/SIR, adding a fourth location to its three existing offices in Georgetown, DC, McLean, Virginia and Chevy Chase, Maryland.
“TTR Sotheby’s International Realty will provide a strong platform, resources, and a regional reach for our professionals to continue to grow their businesses, and we believe the timing is perfect to join forces,” said Bill Hounshell.
TTR Sotheby’s International Realty sponsors house tour to support Trust for National Mall
Washington, DC (April 26, 2011) – TTR Sotheby’s International Realty has announced that it will host the Washington Luxury Tour, an exclusive house tour to benefit the Trust for the National Mall, on Sunday, May 15.
Eighteen spectacular residences within the prestigious communities of Washington, DC, Maryland, and Northern Virginia will be open May 15th from 11:00am to 4:00pm. Tickets are not required; however a $10 per person suggested donation is requested. All donations will benefit The Trust for the National Mall (www.nationalmall.org). More information on the tour can be found at www.washingtonluxurytour.com.)
The tour will highlight the rich cultural history of Washington and showcase the talents of prominent local businesses in architecture, fine art, interior design, exceptional cuisine, fine automobiles and more. A number of extraordinary residences which have not been open to the public are included on the tour including the Hirshhorn Mansion, a 1920’s Georgian Revival residence in the heart of Kalorama, and Broadview, a circa 1870’s Victorian in North Arlington, The event is co-sponsored by Washington Life Magazine, Cartier, Aston Martin, the Washington Design Center, and Windows Catering.
According to Mark Lowham, Managing Partner of TTR Sotheby’s International Realty, “We look forward to opening the doors of some of the truly unique homes in our region to benefit the restoration of the National Mall, America’s front lawn. The Trust for the National Mall is an extraordinary organization with an important mission in our community, and we are honored to support it.”
The Trust for the National Mall was publicly launched in November, 2007 as the official non-profit partner of the National Park Service for the restoration and improvement of the National Mall. The Trust will help restore, revitalize and preserve the National Mall for present and future generations.
TTR Sotheby’s International Realty announces 2010 Sales Award Winners
Washington, DC (April 5, 2011) – TTR Sotheby’s International Realty of Washington DC today announced the winners of its 2010 annual sales awards.
Award Winners include:
Top Group
First Place: The Yerks Team
(Penny Yerks, Piper Gioia, Karina Mallona, Aaron Scruggs, Gary Dopslaff, Susan McFalls, Ashley White)
Second Place: The Alex & Paul Team
(Paul Pike, Alex Venditti, Shawn Breck, Yale Scott, Jared Lauer)
Top Team
First Place: Trent Heminger & Kevin Gray
Second Place: Jeff Lockard & Joseph Poduslo
Top
Second Place: Jeff Lockard & Joseph Poduslo
Individual
First Place: Diana Hart
Second Place: Deborah Shapiro
Top Team
(# transactions): Brent Jackson & Rob Sanders
In addition, the following individuals were recognized for outstanding sales contributions in 2010: Julia Diaz-Asper, Russell Firestone, John Mahshie, Stephanie White, Theresa Burt, Rob Carney, Cherie Jones, Carroll Dey, Greg Gaddy.
Twenty-six additional agents received sales achievement awards, including Chris Ferguson, Gary Wicks, Cindy Golubin, Marco Stilli, Jim Firkser, Carrie Carter, J.P. Montalvan, Roz Drayer, Jennifer Hammond, Zelda Heller, Michael Moore, Barbara Zuckerman, Deborah Eskandarian, Georgio Furioso, Donna Drejza, Hamid Adeli, Michael Hines, Michelle Giannini, Maggie Shannon, Gary Frey, Rick Leverrier, Jeff Jackson, Stephanie Okonek, John McNamara, Michele Topel and Jane Herrmann
The firm’s sales volume increased 41% in 2010 and number of transaction increased by 47%. TTR Sotheby’ International Realty was recently recognized by Real Trends as one of the top 150 brokerage firms in the United States.
Mark Lowham joins TTR Sotheby’s International Realty
Washington, DC (January 21, 2011) – TTR Sotheby’s International Realty announced that Mark C. Lowham, former Executive Vice President of WEST*GROUP, will join the firm as an investor and Managing Partner.
According to Jonathan Taylor, Founder and Managing Partner of TTR Sotheby’s International Realty, “We are thrilled that Mark is joining us as a partner. Building on his 22 years at WEST*GROUP, he brings extraordinary expertise in the real estate industry, and he is recognized as one of the true community leaders in the Washington region.”
Lowham will focus on accelerating the strong momentum of TTR Sotheby’s International Realty. In 2010, the firm achieved a 41% increase in total sales over 2009. Lowham notes, “TTR Sotheby’s International Realty is well positioned to become the dominant leader in the luxury real estate market in the Mid-Atlantic. I have known Michael Rankin, Jonathan Taylor and the other partners, Derrick Swaak and Dave DeSantis, for nearly 20 years. They have exceptional experience and are very well respected across the industry. I am confident that this is a tremendous opportunity and a good fit for all of us.”
Lowham will focus on long-term strategic planning, business development, and leveraging the resources of Sotheby’s International Realty to continue to build market share in the Mid-Atlantic Region. Michael Rankin, Managing Partner of TTR Sotheby’s International Realty adds, “Mark will help take our company to the next level. His experience and relationships in this region are unique, and we believe that both our clients and our agents will benefit from his leadership. “
Lowham will remain active in a number of educational and non-profit organizations in the Washington Region. He is currently a member of the Board of Visitors of George Mason University where he chairs the Real Estate Committee, he serves as a Commissioner of the Fairfax County Economic Development Authority, and he is one of three private sector members of the Council of Governments Committee on Energy and the Environment. Lowham is a long-standing supporter of a number of regional charitable organizations. He currently serves as Chairman of INOVA’s Life with Cancer Program, a member of the Executive Committee of CharityWorks, and a member of the Board of Trustees of the Medical Care for Partnership Foundation. He is also an Honorary Trustee of the McLean Community Foundation and an active supporter of The Trust for the National Mall.
Lowham is a native of Wyoming and prior to joining WEST*GROUP, he worked in the Corporate Finance Department of Kidder, Peabody & Company in New York. He earned his undergraduate degree in Economics from Stanford University and a Masters in Business Administration from the Stanford Graduate School of Business.
TTR Sotheby’s International Realty reports record year in 2010; anticipates a “robust” market in 2011
Washington, DC (January 5, 2011) – TTR Sotheby’s International Realty today proudly announced that its sales volume for 2010 reflected a 41% increase over 2009. The firm expects the Washington DC area real estate market in general, to be healthy and top most other US markets in 2011.
“We achieved some major milestones in 2010,” said Michael Rankin, one of the firm’s managing partners. “In addition to the major increase in sales volume and productivity, we added thirty new associates and opened our Maryland brokerage in Chevy Chase.
The 97 home community will feature a 10,000 square foot clubhouse with health-club, lounges with pool table, pinball, table tennis and large entertainment TV, a fully equipped business center, kitchen and community bar area. The 13 acre property will enjoy over 9 acres of open space with a 50-foot, three level waterfall, viewing gazebo and lookout terrace adjacent to a community pool and outdoor spa with fire pit, grilling areas. Existing hiking and biking paths connect Quarry Springs directly to the Cabin John Regional park system and the trails and paths leading to the National Mall.
The Washington real estate market experienced a modest rebound in 2010 and experts anticipate even stronger gains in 2011. According to Clear Capital, a company which tracks real estate trends, home price appreciation in the Washington DC metro area stood at 5.3% in 2010, second only to Honolulu, Hawaii in the entire United States. For 2011, the company predicts a 6.5% increase in DC, the highest in the country.
TTR Sotheby’s International Realty is the lister of many of the area’s most significant residences, including Albemarle House, the $24 million Charlottesville estate of vintner and philanthropist Patricia Kluge, and Tudor Farms, a $30 million, 6500 acre sporting estate located in Cambridge on the Eastern Shore of the Chesapeake Bay.
The Sotheby’s International Realty network has more than 10,000 sales associates located in over 500 offices in the United States and 42 countries and territories. TTR Sotheby’s International Realty has over 130 associates serving the Mid-Atlantic with offices located in DC, Maryland and Virgina. For more information, visit www.ttrsir.com.
TTR Sotheby’s International Realty to sell to Sell Maintenance Free, Resort Like Living for Three Generations at Bethesda Condominiums
Washington, DC (November 2, 2010) – TTR Sotheby’s International Realty today proudly announced that it has been named as the exclusive brokerage sales agent for the Quarry Springs at Stoneyhurst condominium project in Bethesda, Maryland. Quarry Springs at Stoneyhurst is located at 8101 River Road. Site work is ongoing at the project and residential construction will begin in 2011.
The homes at Quarry Springs will offer a selection of two and three bedroom single-level homes from 2,350 square feet to more than 5,000 square feet. Condominium units will be sold “designer ready” for owners’ custom finishes or in one of several styles offered by the developer. Features include direct-access, private elevators from the underground garage, beautiful through-views, expansive outdoor space on terraces, ceilings rising from 10' to 11.5” and multiple garage spaces for each unit. A purchaser can enjoy spectacular services at modest condominium fees that include 24/7 security, a community car and driver on call, the Stone café and coffee shop with complementary food and beverage, concierge and onsite management services, on-site maintenance service and the use of community amenities for residents and their guests.
The 97 home community will feature a 10,000 square foot clubhouse with health-club, lounges with pool table, pinball, table tennis and large entertainment TV, a fully equipped business center, kitchen and community bar area. The 13 acre property will enjoy over 9 acres of open space with a 50-foot, three level waterfall, viewing gazebo and lookout terrace adjacent to a community pool and outdoor spa with fire pit, grilling areas. Existing hiking and biking paths connect Quarry Springs directly to the Cabin John Regional park system and the trails and paths leading to the National Mall.
Quarry Associates, LLC is the developer of the project, which is being led by Woodside Ventures via a team of over 17 experienced, proven firms that have implemented millions of square feet and many of the region’s and country’s leading condominium projects.
Project sales will be managed at TTR/SIR’s new office located at 5454 Wisconsin Avenue in Chevy Chase, Maryland. Brokers Michael Moore and Zelda Heller are the sales agents for the property.
The Sotheby’s International Realty network has more than 10,000 sales associates located in over 500 offices in the United States and 42 countries and territories. TTR Sotheby’s International Realty has offices in Georgetown, McLean and Chevy Chase. For more information, visit www.ttrsir.com.
For more information on Quarry Springs, please visit www.quarrysprings.com or call (301) 365-0551
MEDIA CONTACT
Michael Moore / (202) 262-7762 / michael.moore@sothebysrealty.com
Zelda Heller / Vice President/ (202) 257 1226 / zelda.heller@sothebysrealty.com
TTR Sotheby's International Realty opens Chevy Chase, Maryland Office
Washington, DC (October 14, 2010) – – TTR Sotheby’s International Realty today announced the opening of its Maryland brokerage, located in Chevy Chase, Maryland. The office will serve suburban Maryland communities including Chevy Chase, Bethesda and Potomac as well as Northwest DC.
“Although our agents have been serving these communities for quite some time, the opening of our new office represents a real opportunity to provide a higher level of service and outreach to clients in Maryland and Northwest DC., said Michael Rankin, one of the firm’s Managing Partners.
The firm will operate this office in addition to its two existing locations in Georgetown DC and McLean Virginia.
“Our presence has already created quite a buzz in Chevy Chase,” said Jonathan Taylor, the firm’s other Managing Partner. “Sharing the block with Dior, Tiffany’s, Gucci and all the other great brands here is a natural fit for Sotheby’s International Realty. We have great neighbors and a great neighborhood to serve.”
Associates in the Maryland brokerage include Zelda Heller, Barbara Zuckerman, JP Montalvan, Ayesha Baigmohamed, Katherine Kranaenburg, Honor Ingersoll, Tad Stewart, and Mike Miller. Executive Vice President David DeSantis will manage the office.
To date in 2010, the firm’s sales volume overall has increased over 40%. “Our highly skilled sales and marketing experts continue to capture more of the metropolitan DC market share” said Derrick Swaak, COO.
The Sotheby’s International Realty network now has more than 10,000 sales associates located in 500 plus offices in the United States and 42 other countries and territories. TTR Sotheby’s International Realty has offices in Georgetown, McLean and Chevy Chase. For more information, visit www.ttrsir.com.
Sotheby’s International Realty Partners with ListHub
WASHINGTON, DC (September 17, 2010) – TTR Sotheby’s International Realty today announced that the Sotheby’s International Realty® network is working with ListHub, a provider of listing asset management, to power its listing distribution to leading websites that consumers use to search for real estate.
ListHub retrieves new and changed listings from the Sotheby’s International Realty listing database every day and distributes them to their network of leading websites. Consumers are then directed to the actual listing for more information. ListHub also will provide the brand’s network with comprehensive marketing reports that detail traffic received on each Web site including the brand’s website, sothebysrealty.com.
“ListHub’s reports provide a unique view of visits and leads generated online for our network’s listings,” said Wendy Purvey, chief marketing officer, Sotheby’s International Realty Affiliates LLC. “Reports are viewable company-wide and on the individual listing level. Because sothebysrealty.com website traffic is published within the ListHub reports, our network will have an important market differentiator and an easy way to present the brand’s power to clients and future consumers.”
ListHub is the broadest, most widely adopted network for listing distribution, and works in concert with MLSs, franchises and core real estate technologies to bring real estate brokerage firms a single dashboard for controlling their online marketing strategy.
“With ListHub powering our listing distribution, TTR Sotheby’s International Realty now is able to reach a broader network of consumers,” said Derrick Swaak, the firm’s COO. “In addition, the reports generated are a valuable resource for us and our clients as we will be able to clearly detail the results of our online marketing efforts.”
TTR Sotheby’s International Realty is the exclusive affiliate for Sotheby’s International Realty in the Washington, DC metropolitan area. The firm has 120 associates located in Georgetown, McLean and Chevy Chase offices.
The Sotheby’s International Realty network currently has more than 10,900 sales associates located in approximately 500 offices in 37 countries and territories worldwide.
TTR Sotheby’s International Realty Welcomes Twelve Associates
Washington, DC (July 29, 2010) – TTR Sotheby’s International Realty has announced that twelve associates have recently joined the firm.
“For a boutique firm like ours to be able to attract this type and volume of talent from five other firms speaks to our continued success in this market,” remarked Michael Rankin, managing partner of TTR Sotheby’s. “These twelve individuals represent the best our industry has to offer and I’m sure that each of them and their clients will find Sotheby’s International Realty to be a great firm with which to be affiliated.”
New associates include: Gloria Adams, Ayesha Baigmohamed, Meghan Bracewell, Tamer Eid, Elizabeth D’Angio, Honor Ingersoll, Amber Krause, Megan Markey, Daniel Miller, John McNamara, Jim Norris and Jack Shoptaw.
To date in 2010, the firm’s sales volume has increased more than 50% from the same period in 2009. It was the only major firm operating in the Washington metro area to grow market share year over year.
The Sotheby’s International Realty network currently has more than 10,700 sales associates located in over 500 offices in the United States and 40 other countries and territories. TTR Sotheby’s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 20 year-old firm currently has 110 agents with offices in Georgetown, McLean and Chevy Chase. For more information, visit www.ttrsir.com.
MEDIA CONTACT
David DeSantis / Executive Vice President/ 202 438 1542 / david.desantis@sothebysrealty.com
TTR Sotheby’s International Realty announces 2009 Sales Award Winners
Washington, DC (April 12, 2010) – TTR Sotheby’s International Realty of Washington DC today announced the winners of its 2009 annual sales awards.
Award Winners include:
Top Group (DC): The Alex & Paul Team
Top Group (VA): The Penny Yerks Team
Top Team (Volume): Kimberly Casey & Daryl Judy (3rd year consecutive)
Top Team (# transaction): Brent Jackson & Rob Sanders
Top Individual: Deborah Shapiro
Top Individual (2nd Place): Maggie Shannon
In addition, the following individuals were recognized for outstanding sales contributions in 2009:
Jeff Lockard, Joseph Poduslo, Diana Hart, Rob Carney and Carrie Carter.
Thirteen additional agents received sales achievement awards, including Mary Fox, JP Montalvan, Barbara Zuckerman, Julia Diaz-Asper, Michael Hines, Georgio Furioso, Katherine Kranenburg, Hugh Oates, John Vardas, Tad Stewart, Gary Frey, Michael Moore and Jennifer Hammond.
To date in 2010, the firm’s sales volume overall has tripled and in Q1 2010, TTR Sotheby’s International Realty sold more $1 million plus listings in Washington DC than any other firm. It was the only major firm operating in DC to grow market share year over year.
The Sotheby’s International Realty network currently has more than 10,700 sales associates located in over 500 offices in the United States and 40 other countries and territories. TTR Sotheby’s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 20 year-old firm currently has 100 agents with offices in Georgetown, McLean and Chevy
Chase. For more information, visit www.ttrsir.com.
MEDIA CONTACT
David DeSantis / Executive Vice President/ 202 438 1542 / david.desantis@sothebysrealty.com
TTR Sotheby's International Realty Participates in Luxury Real Estate Conference
Washington, DC (April 28, 2010) - TTR Sotheby's International Realty, a luxury real estate firm based in Washington, DC, recently participated in the 2010 Sotheby's International Realty Global Networking Event.
This dynamic, three-day event provided a unique opportunity for all sales associates, managers and owners who are members of the Sotheby's International Realty network to connect, exchange ideas and forge relationships designed to help build their businesses and drive new leads to their listings.
"The annual Global Networking Event provides a unique value to our firm and agents," said Derrick Swaak, Chief Operating Officer of TTR Sotheby's International Realty. "It allows our firm to share ideas and best practices with our fellow brand professionals from all over the world. We also had the opportunity to learn more about the real estate business worldwide through informative breakout sessions on a variety of topics."
The event was held April 12 to 15 at the Manchester Grand Hyatt San Diego in San Diego, Calif. Keynote speakers were Benjamin Zander, conductor of the Boston Philharmonic Orchestra, and Matthew Ferrara of real estate consulting firm Matthew Ferrara & Company. Guest speaker and three-time Olympic medalist Julia Mancuso spoke about her Olympic experiences and work ethic.
TTR Sotheby's International Realty, which has 3 offices in the Washington DC metropolitan area, offers exclusive Sotheby's International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm's property listings. In addition, the firm and its clients benefit from an association with the Sotheby's auction house, which promotes real estate referral opportunities with auction house clientele.
As a Sotheby's International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from TTR Sotheby's International Realty also are marketed on the sothebysrealty.com global Web site, as well as on the firm's local Web site, ttrsir.com.
"The Global Networking Event enables Sotheby's International Realty affiliates from around the world to join together to share their collective insights and experiences, highlighting the true strength of the Sotheby's International Realty network" said Michael R. Good, chief executive officer, Sotheby's International Realty Affiliates LLC. "Every individual attending this conference is committed to working together to help us grow our network, and we appreciate their ongoing dedication and enthusiasm."
TTR Sotheby's International Realty has 110 associates located in offices in Georgetown, McLean, VA and Chevy Chase, MD. For additional information, contact Derrick Swaak at 703.319.3344.
Sotheby’s International Realty Brand Honored by Franchise Business Review
PARSIPPANY, N.J. (March 3, 2010) – Sotheby’s International Realty Affiliates LLC today announced it won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the third year in a row.
The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 5th annual Franchisee Satisfaction Awards presented by Franchise Business Review. Sotheby’s International Realty Affiliates LLC also was ranked third overall among all franchise categories with more than 200 locations. This is the third year that the Sotheby’s International Realty® brand was rated in the top 10 of all award categories.
"We are so honored to receive this recognition for the third year in a row," said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. "It demonstrates we are continuing to provide our franchisees with the support, tools and resources they need to excel. The fact that this award is based on direct feedback makes it very significant for us and a true testament to the value we provide our members."
Franchise Business Review surveyed franchisees from more than 500 leading systems, representing more than 100,000 franchisees, for the 5th annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360–degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year’s award winners, go to www.FBR50.com.
"We have surveyed thousands of franchisees, representing almost all of the leading brands in the real estate sector," said Eric Stites, president, Franchise Business Review. "The Sotheby’s International Realty brand’s owner satisfaction is exceptionally high and a direct reflection of the unique business opportunity created by their team and parent company, Realogy Corporation."
The Sotheby’s International Realty network currently has more than 10,600 sales associates located in more than 500 offices in 38 countries and territories worldwide.
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. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, 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 by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. 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.
MEDIA CONTACT
Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com
TTR Sotheby’s International Realty lists Albemarle House: Charlottesville Estate of Patricia Kluge
Washington, DC (February 19, 2010) – TTR Sotheby’s International Realty of Washington DC has listed for sale the storied estate of vintner and philanthropist Patricia Kluge, Albemarle House of Charlottesville, Virginia. The list price for the estate is $48 million dollars.
Albemarle House, one of the most important residences created in the United States since the Golden Age consists of over 300 acres. Surrounded by history, Albemarle House neighbors some of Virginia’s greatest and most important estates including Thomas Jefferson’s Monticello and James Monroe’s Ash Lawn–Highland.
Built in the neo-Georgian style and completed in 1985, Albemarle House is a stunning example of an English country estate. Conceived by philanthropist and wine maker Patricia Kluge and world renowned architect/designer David Easton and his team, only the finest materials and accomplished artisans and craftsmen were employed in building this spectacular residence. Their vision became one of the bestknown homes in the United States and the inspiration for the next generation of manor–style houses.
The offering includes the 45–room main house, the pool house and pavilion, a log cabin, several staff cottages and garages, thatch roof greenhouse, and tournament level croquet lawn. Albemarle House is one of the most important private residences in the United States to reach the public market in decades and presents the opportunity for the future owner to further place their mark on Albemarle House and Charlottesville with additional building and gardening programs including vineyard creation, additional dependencies and sporting pursuits.
Sotheby’s Auction House has announced that it will hold an auction of fine and decorative arts from the contents of Albemarle House, on June 8 and 9, to be held on the premises. Mrs. Kluge’s collection of several hundred works of outstanding Georgian furniture, decorative objects and paintings is estimated in excess of $13.5 million dollars.
Following the sale of Albemarle House and the auction of its contents, Mrs. Kluge will remain in her beloved Charlottesville, where she has lived for almost 30 years, and will continue her duties as chairwoman and owner of Kluge Estate Winery and Vineyard, creating a new home on the vineyard property. She will continue to develop the winery, which is one of the largest and most influential in Virginia.
The Sotheby’s International Realty network currently has more than 10,700 sales associates located in over 500 offices in the United States and 40 other countries and territories. TTR Sotheby’s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 20 yearold firm currently has 100 agents with offices in Georgetown, McLean and Chevy Chase. For more information, visit www.ttrsir.com.
MEDIA CONTACT
Michael Rankin / Managing Partner / 202 271 3344
michael.rankin@sothebysrealty.com
Sotheby’s International Realty® Network Collaborates with The Wall Street Journal to Promote the Values of Real Estate
PARSIPPANY, N.J. (May 8, 2009) – Sotheby’s International Realty Affiliates LLC announced it is collaborating with The Wall Street Journal to present the many values of real estate as a long–term investment and showcase unique properties from its network’s 10,700 sales associates located in more than 500 offices in 39 countries and territories worldwide.
The Sotheby’s International Realty brand and The Wall Street Journal will co–host "The Business of Extraordinary Living" on the publication’s Web site, www.wsj.com, a microsite designed to provide insights into the real estate market from the brand’s worldwide network.
"This unique microsite was designed to meet the specialized needs of our clientele and The Wall Street Journal’s readers," said Wendy Purvey, senior vice president, marketing, Sotheby’s International Realty Affiliates LLC. "Those readers are looking to grow their portfolios in today’s ever–changing market and look to The Wall Street Journal for its insights. ’The Business of Extraordinary Living’ will showcase our brand’s unique perspective on the world of real estate, which always will be one of the best investments to grow long–term wealth.�
In a section entitled "The Address," "The Business of Extraordinary Living" provides information about the properties represented by the Sotheby’s International Realty network. The Web site’s "Insights" section features data, statistics and other relevant market information. The "Living" section focuses on lifestyle trends including home styles, living, architecture and art. The "Brand" section gives an overview of the Sotheby’s International Realty network, its history and relationship with the Sotheby’s Auction House.
"The Business of Extraordinary Living" site is available by clicking here.
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. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, 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 by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. 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.
MEDIA CONTACT
Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com
TTR Sotheby’s International Realty sells most expensive residential listing of 2009
Washington, DC (December 17, 2009) – TTR Sotheby’s International Realty of Washington DC has announced that it has sold 1714 Massachusetts Avenue NWfor $12,000,000, making it the highest priced residential sale in 2009 and the highest since the beginning of 2007 in the District of Columbia.
Originally built in 1890, 1714 Massachusetts Avenue sits in a prime area off of Dupont Circle close to Embassy Row. This architecturally significant block features many grand turn of the century residences which are now occupied as embassies, cultural institutions, foundations, associations and private residences such as 1714.
The first floor features grand public rooms perfect for large scale entertaining including double formal parlors, embassy sized dining room and wood paneling that can accommodate gatherings of all sizes. The second through fourth floors feature the family living quarters which include the family kitchen, family living room and 5 plus bedrooms and 5 full and 1 half baths.
Maggie Shannon and Michael Rankin of TTR Sotheby�s International Realty represented the seller.
The Sotheby’s International Realty network currently has more than 10,700 sales associates located in over 500 offices in the United States and 40 other countries and territories. TTR Sotheby�s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 20 year–old firm currently has 100 agents with offices in Georgetown, McLean and Chevy Chase. For more information, visit www.ttrsir.com.
MEDIA CONTACT
Derrick Swaak / Chief Operating Officer / 703 319 3344 /
derrick.swaak@sothebysrealty.com
Sotheby’s International Realty Brand GrowsWorldwide Network in 2008
PARSIPPANY, N.J. (Feb. 9, 2009) – Sotheby’s International Realty Affiliates LLC today announced it grew the office count within its network by more than 10 percent in 2008, ending the year with 10,750 sales associates located in more than 500 offices in 39 countries and territories worldwide.
"According to the National Association of Realtors®, for all of 2008 existing–home sales were 13.1 percent below the transactions recorded in 2007, which is the lowest volume since 1997. In this environment, the Sotheby’s International Realty® brand actually grew its office count by 10.7 percent, demonstrating a true demand for our services in the global arena," said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. "As well, we welcomed an additional 1,726 sales associates, which reflects our strength and appeal as a brand. I also am very proud that we received two industry honors in 2008, underscoring the value consumers and our affiliates place on the Sotheby’s International Realty brand and what it has to offer."
Last year saw the addition of 19 firms across 10 states: New Jersey, Utah, Massachusetts, Washington, California, Colorado, Florida, Delaware, New York and North Carolina. As well, 30 Sotheby’s International Realty affiliated companies expanded by opening new offices to widen their market coverage.
Internationally, the brand expanded into Germany, Slovakia, Vietnam, Greece, Cyprus, Italy and Gibraltar with the openings of Hamburg Sotheby’s International Realty in Hamburg, Germany; NRW Immobilien Sotheby’s International Realty in Northern Westphalia, Germany; Corpia Sotheby’s International Realty in Slovakia; Vietnam Sotheby’s International Realty; Greece Sotheby’s International Realty; Terra Sotheby’s International Realty in Limassol, Cyprus; Venice Estates Sotheby’s International Realty; and Kristina Szekely Sotheby’s International Realty in Gibraltar. The brand also signed a long-term licensing agreement for the Czech Republic, with an office scheduled to open this year.
Finally, in April 2008 Sotheby’s International Realty Affiliates LLC won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award, was named to their top 50 for client satisfaction and was No. 5 for all franchise categories with more than 200 locations. In August, the brand also was rated the most prestigious real estate company by high net-worth consumers in the Luxury Institute’s 2008 Luxury Brand Status Index survey.
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. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, 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 by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. 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.
MEDIA CONTACT
Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby’s International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com
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Sotheby’s International Realty Opens First Northern Virginia Office in McLean
McLean, Virginia (September 10, 2008) – Sotheby’s International Realty announced today that it is opening its first northern Virginia office in McLean on September 15th.
TTR Sotheby’s International Realty, the exclusive affiliate for the Washington DC metropolitan area, will own and operate the office in addition to its two existing locations in Georgetown and downtown DC.
"McLean is a natural fit for Sotheby’s International Realty," said Michael Rankin, Managing Partner, TTR Sotheby’s International Realty. "We have been privileged to list and sell some of the finest homes in Northern Virginia, and this office will enhance our growing presence there."
Jonathan Taylor, also Managing Partner, said, "We have assembled a great team of real estate professionals in McLean. These are agents and brokers who have been serving the community at our company or others for many years. We are committed to being the finest luxury real estate company in northern Virginia."
"We are very confident of our business plan; this is the right time for us to expand." said Derrick Swaak, the firm’s Chief Operating Officer. "Northern Virginia is home to a significant number of distinctive properties, all of which will benefit tremendously from the proprietary marketing programs available through Sotheby�s International Realty."
The Sotheby’s International Realty network currently has more than 9,500 sales associates located in 485 offices in the United States and 33 other countries and territories. TTR Sotheby’s International Realty has been the exclusive affiliate for the Washington, DC metropolitan area since 2006. The 20 year–old firm currently has two offices and 78 agents in the District of Columbia, with the third McLean office expected to house an additional 25 agents.
TTR Sotheby’s International Realty will be located at 6723 Whittier Avenue, Suite 101, McLean, VA 22101. For more information, visit www.ttrsir.com.
MEDIA CONTACT
Derrick Swaak / Chief Operating Officer / 703 319 3344 /
derrick.swaak@sothebysrealty.com