Sotheby’s International Realty Affiliates LLC, whose parent company is Realogy Holdings Corp. (NYSE: RLGY), rang the Closing Bell at the New York Stock Exchange right before the new year to celebrate its 40th anniversary milestone in the luxury residential real estate brokerage business. Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC, was joined on the podium by members of theSotheby’s International Realty network for the bell ringing ceremony.
“I am very proud of the journey we have taken together with our global luxury real estate network to bring the brand where it is today,” said White. “The Sotheby’s International Realty brokerage network was built to connect the finest independent residential real estate companies to the most prestigious and discerning clientele in the world,” said White. “We are honored to be celebrating this milestone by ringing the Closing Bell at the New York Stock Exchange.”
The Sotheby’s International Realty network currently has more than 18,000 independent sales associates located in approximately 825 offices in 61 countries and territories worldwide. Each office is independently owned and operated.
To mark the event, Philip White additionally appeared on CNBC’s Closing Bell to discuss the luxury real estate market.