Prominent Utah Firm Joins Sotheby's International Realty(R) Network

April 08, 2008 // Franchising.com // PARSIPPANY, N.J.— Sotheby's International Realty Affiliates LLC today announced that Lewis, Wolcott & Dornbush Real Estate in Utah has joined its luxury real estate network.

The 16-year old firm has three offices in Park City and one in Salt Lake City. It is owned by R. Scott Webber and Bruce L. Shannon, and will do business as Summit Sotheby's International Realty.

"The Park City and Salt Lake City markets are key for our development in the western United States," said Michael R. Good, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "Scott and Bruce are industry veterans, and together with their powerful team of sales associates, they are relentless in their pursuit of excellence and committed to providing their clients with high quality service. They are true experts in their market's luxury properties and are a perfect fit for our brand."

Webber is looking for the Sotheby's International Realty brand to help bring the firm to new levels of success through its global reach. "The Sotheby's International Realty brand and its resources give us a strong competitive advantage in our market," he said. "The brand's global footprint is unmatched and opens new doors of opportunities for our people and for our clients."

The Sotheby's International Realty network currently has more than 9,000 sales associates located in more than 470 offices in the United States and 29 other countries and territories. Summit Sotheby's International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to more referral opportunities and widened exposure generated from these sources, the firm will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.

Summit Sotheby's International Realty's main office is located at 1283 Deer Valley Drive, Park City, Utah, (435) 649-1884. The company has 91 sales associates that service the Park City, Salt Lake City and Deer Valley communities.

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.

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