NEW YORK, Oct. 7, 2021 /PRNewswire/ -- Sotheby's
International Realty today announced that Reside Realty Ltd. has
joined the network and will now operate as Jamaica Sotheby's
International Realty. The addition marks the brand's continued
growth in the Caribbean and comes
at a time of increased interest in secondary and resort markets.
The addition follows the brand's recent expansion into St. Kitts & Nevis and marks its
30th affiliated office in the Caribbean.
Jamaica Sotheby's International Realty is owned and operated by
Julian Dixon and Alexander Melville who bring a collective 27
years of experience to the company. The office will be
headquartered in the city of Kingston and will service the surrounding
island including St. Andrew, Montego
Bay, Ocho Rios, and
"Jamaica offers a diverse
luxury lifestyle which appeals to a wide variety of buyers," said
Philip White, president and CEO,
Sotheby's International Realty. "In recent years, closed
transactions have seen steady growth and new construction is
booming on the island. The Jamaican market has historically
appreciated year-after-year with interest from domestic and
international interest in North
Canada, and most recently the
Middle East, motivated by the
island's many opportunities and its tourism sector. I want to
welcome Julian and her team to the network and look forward to
working together to support the island."
"Jamaica is famous for the tag
line 'no problem' and this is true of the culture and lifestyle,"
said Dixon. "I have always admired the Sotheby's International
Realty brand and their philosophy towards client satisfaction
connects with our culture and mission. The island offers promise to
buyers seeking opportunities through business ventures, vacation
homes, retirement, and income-earning properties. Our affiliation
with Sotheby's International Realty will be the first of its kind
on the island and will bring value, excitement, and global
recognition to our market."
The office currently has several sales associates supporting the
island with plans for continued growth.
The Sotheby's International Realty® network currently has more
than 24,000 affiliated independent sales associates located in
approximately 1,000 offices in 75 countries and territories
worldwide. Jamaica 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 will benefit from an
association with Sotheby's auction house and worldwide Sotheby's
International Realty marketing programs. Each office is
independently owned and operated.
Sotheby's International Realty
Sotheby's International Realty was founded in 1976 as a real
estate service for discerning clients of Sotheby's auction house.
Today, the company's global footprint spans approximately 1,000
offices located in 75 countries and territories worldwide,
including 45 company-owned brokerage offices in key metropolitan
and resort markets. In February 2004,
Realogy entered a long-term strategic alliance with Sotheby's, the
operator of the auction house. The agreement provided for the
licensing of 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.
Media Contact: Melissa Couch,
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SOURCE Sotheby's International Realty