Sotheby’s International Realty Brand Expands Presence in Colorado

MADISON, N.J. (June 25, 2013) – Sotheby’s International Realty Affiliates LLC today announced that Legacy Properties West in Durango, Colo., is the newest member of its luxury real estate network and will operate as Legacy Properties West Sotheby's International Realty. Tom Morse is broker and owner, and the firm’s office is located at 743 Main Avenue in Durango.

“Legacy Properties West was formed with the commitment to nurture and preserve the legacy and heritage of the West,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We proudly welcome them to the Sotheby’s International Realty network and look forward to bringing our services to this important luxury real estate market.”

The firm joins the Sotheby’s International Realty® brand’s 27 offices located throughout Colorado to enhance its presence in the state. The brand has more than 13,000 sales associates located in approximately 660 offices in 49 countries and territories worldwide.

According to Morse, his team is committed to helping their clients find their ideal home. “Whether the dream is to own a legacy ranch, have a home on a world-class trout stream or live in a luxury mountain golf community, we are here to help make it a reality,” he said. “Durango is known as a recreational paradise that offers an exceptional quality of life, with a myriad of cultural events. With the Sotheby’s International Realty brand’s global reach we can introduce our market to a broader audience of consumers.”

Legacy Properties West Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website. 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. Each office is independently owned and operated.

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. Sotheby’s International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy 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. 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.

SOURCE Sotheby’s International Realty Affiliates LLC

Contact:

Jennifer Zimmerman
Director
Public Relations and Communications
Sotheby's International Realty Affiliates LLC
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com

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