Sotheby's International Realty Brand Seeks to Expand Its U.S.-Based Executive Team

PARSIPPANY, NJ - (Marketwire - Jul 16, 2012) - Sotheby's International Realty Affiliates LLC today announced plans to expand its management team in the United States to further develop the company's worldwide network of real estate affiliates.

The Sotheby's International Realty® brand has three new management positions that will be based in the company's Parsippany, N.J., headquarters for which it is seeking candidates: senior vice president of global servicing, responsible for leading the brand's global service strategy and driving its membership internationally; senior vice president of global operations, responsible for the oversight and enhancement of all operational aspects of the brand globally; and vice president of global marketing, responsible for the brand's overall messaging, creative and internal and external promotion.
To launch its recruitment campaign, the Sotheby's International Realty brand is inviting prospective candidates to participate in an online webinar on July 19.

"In just eight years, the Sotheby's International Realty brand has grown to more than 40 countries and territories worldwide," said Michael R. Good, chief executive officer, Sotheby's International Realty Affiliates LLC. "As we look to further our growth in key luxury real estate markets across the globe, we will continue to build on our talented team of support staff. These three positions will play key roles in the future growth of our network as a leading force in the luxury real estate market."

Qualified individuals who are interested in learning more about the Sotheby's International Realty brand and these employment opportunities are invited to participate in an online webinar hosted by Wendy Purvey, chief marketing officer for the Sotheby's International Realty brand, on July 19 at 1 p.m. (EDT). Those interested are requested to send an e-mail to Christine Heid, corporate recruiter, at christine.heid@realogy.com no later than July 18.

The Sotheby's International Realty® network currently has more than 12,100 sales associates located in approximately 620 offices in 45 countries and territories worldwide.

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.

Contact:

Jennifer Zimmerman
Director, Public Relations and Communications
Sotheby's International Realty Affiliates LLC
1 Campus Drive
Parsippany, NJ 07054
(973) 407-6375

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