SAN FRANCISCO and NEW
YORK, July 31, 2020 /PRNewswire/
-- McGuire Real Estate, a residential real estate brokerage
founded in San Francisco in 1919,
announced today that it is joining the Sotheby's International
Realty® network. Sotheby's International Realty, Inc. has acquired
the assets of the firm's San
Francisco offices in the Marina and Noe Valley and will
operate under the leadership of Executive Vice President
Jeffrey Gibson. Golden Gate
Sotheby's International Realty has acquired the assets of McGuire's
Berkeley and Burlingame offices and will operate under the
leadership of Bill Bullock,
president and chief executive officer of Golden Gate Sotheby's
The addition of McGuire broadens the existing Sotheby's
International Realty network in the San Francisco Bay Area which is now served by
29 offices and more than 725 independent sales associates.
Combined, these offices brokered more than $8 billion in sales volume in 2019.
Family-owned and managed since 1919, McGuire has long been
a leader in the San Francisco Bay
Area, known for providing professional luxury real estate
services. McGuire President and
Chief Executive Officer Charles
Moore will join Sotheby's International Realty, Inc. as a
consultant and Moore's leadership team including Lauren Bensinger will join the firm as vice
president of operations. Abbie Higashi of McGuire will join
Golden Gate Sotheby's International Realty as vice president of
sales and risk management.
"The San Francisco Bay Area is
the international technology capital of the world and attracts
residents from all over the globe," said Charles Moore. "Sotheby's International Realty
is a globally recognized leader in luxury real estate and the
brand's unrivaled international network and multi-lingual marketing
capabilities will provide the seasoned agents at McGuire a
competitive advantage over local or national firms."
"McGuire has long been respected in the Bay Area as a premier
real estate brokerage firm making it an ideal fit for our network,"
said Philip White, president and
chief executive officer of Sotheby's International Realty.
"McGuire's agents are deeply invested in San Francisco, the East Bay and the Peninsula
where they have lived and worked in these communities for decades.
We are excited to welcome them and provide access to new marketing
platforms to help expose their listings to the world via the
Sotheby's International Realty brand."
The Sotheby's International Realty network currently has
more than 23,000 affiliated independent sales associates located in
1,000 offices in 72 countries and territories worldwide. In 2019,
the brand achieved a record global sales volume of US$114 billion. Sotheby's International Realty
listings are 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 benefit
from an association with the Sotheby's auction house and worldwide
Sotheby's International Realty marketing programs.
About Sotheby's International Realty
Sotheby's International Realty was founded in 1976 as a real
estate service for discerning clients of the Sotheby's auction
house. Today, the company's global footprint spans 1,000 offices
located in 72 countries and territories worldwide, including 45
company-owned brokerage offices in key metropolitan and resort
markets. 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 franchise system. The franchise system is
comprised of an affiliate network, where each office is
independently owned and operated. Sotheby's International Realty
supports its affiliates and agents with a host of operational,
marketing, recruiting, educational and business development
resources. Affiliates and agents also benefit from an association
with the venerable Sotheby's auction house, established in 1744.
For more information, visit www.sothebysrealty.com.
The affiliate network is operated by Sotheby's International
Realty Affiliates LLC, and the company owned brokerages are
operated by Sotheby's International Realty, Inc. Both
entities are subsidiaries of Realogy Holdings Corp. (NYSE: RLGY), a
global leader in real estate franchising and provider of real
estate brokerage, relocation and settlement services. Both
Sotheby's International Realty Affiliates LLC and Sotheby's
International Realty, Inc. fully support the principles of the Fair
Housing Act and the Equal Opportunity Act.
Sotheby's International Realty Contact:
Senior Director of Global Communications
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SOURCE Sotheby's International Realty