November 11, 2008 // Franchising.com // PARSIPPANY, N.J. -- Sotheby's International Realty Affiliates LLC today announced that The Bear's Club Realty Co., LLC in Jupiter, Fla., has joined its luxury real estate network, servicing The Bear's Club private golf club and surrounding communities.
The firm is owned by Jack Nicklaus and the Nicklaus family, Robert Whitley, Tucker Frederickson and Ira Fenton. It now will do business as The Bear's Club Sotheby's International Realty.
"We are very excited for the Sotheby's International Realty® brand to have a presence in this exclusive luxury market," said Michael R. Good, president and chief executive officer, Sotheby's International Realty Affiliates, LLC. "We look forward to seeing The Bear's Club Sotheby's International Realty expand further under the guidance of its solid and strong leadership team."
The Bear's Club is a private golf club and home to an 18-hole Jack Nicklaus Signature Golf Course, a 40,000-square-foot clubhouse, 68 custom estate residences, 17 golf villas and 14 club cottages. The Bear's Club Sotheby's International Realty will continue to do business at 103 Bear's Club Drive, Jupiter, Fla.
"Our firm is focused on maintaining an exclusive private community of exceptional quality and on selling ultra-luxury real estate," said Mark Griffin, managing broker. "The Bear's Club reputation and our unsurpassed customer service fit perfectly with the Sotheby's International Realty brand. As we focus on growing our firm, this is the brand we want behind us."
The Sotheby's International Realty network currently has more than 10,500 sales associates located in more than 500 offices in 38 countries and territories worldwide. The Bear's Club Sotheby's International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and widened exposure generated from this source, the firm will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.
The Bear's Club Sotheby's International Realty can be reached at (561) 514-6948.
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.