January 08, 2010 // Franchising.com // PARSIPPANY, N.J. -- Sotheby's International Realty Affiliates LLC today announced that Encore Sotheby's International Realty in Indianapolis, Ind., is the newest member of its luxury real estate network.
Jeffrey B. Cohen is principal broker, with Mark A. Zukerman, Margie Litz and Bradley Litz serving as principals. The firm will serve the Indianapolis as well as surrounding communities.
"Entering the Indianapolis real estate market has been an objective for our brand, and we have carefully searched for the ideal firm to represent us," said Michael R. Good, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "We have found that fit with Encore Sotheby's International Realty and are proud that they will carry our name in this important market."
The firm's office is located at 9510 North Meridian in Indianapolis and has 17 sales associates.
"Finding the right real estate agent representation is critical for today's buyers and sellers," said principal broker Jeffrey B. Cohen. "Our agents and the power of the Sotheby's International Realty® brand set us apart from the competition. Our management team carefully recruited veteran Indianapolis-area real estate professionals based on reputation, expertise and production. We have proudly represented the area's high-end real estate properties through four generations and remain committed to representing our clients in the most ethical, knowledgeable and professional manner, and look forward to offering them a new level of exposure, both locally and worldwide."
The Sotheby's International Realty network currently has more than 10,700 sales associates located in approximately 500 offices in 40 countries and territories worldwide. Encore 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's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.
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.