Sotheby's International Realty Brand Expands Presence in Switzerland

MADISON, NJ and LUGANO, SWITZERLAND - (Marketwired - Oct 1, 2013) - Sotheby's International Realty Affiliates LLC today announced that Immobiliare Fontana SA, a nearly 90-year old firm in Lugano, Switzerland, has joined its network, and now will do business as Fontana Sotheby's International Realty.

The firm, which is managed by Gianluca Righetti, serves the luxury residential real estate market throughout Tessin, in particular the regions of Lugano, Locarno and Ascona. The Sotheby's International Realty® brand is already represented in other locations across Switzerland by deRham Sotheby's International Realty, which has offices in Lausanne, Montreux, Vevey, Nyon and Geneva.

"Our expansion across Switzerland continues our commitment to providing access to the Sotheby's International Realty network's exclusive real estate services in key countries around the world," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "This affiliation, which strengthens our presence in Europe, offers us entrance into this famous and attractive Swiss market near the Italian border. We are very pleased that our global clientele will now have access to our services in this historic and beautiful part of the world."

According to Righetti, his firm's mission centers on placing every client at the core of all their efforts. "We focus on providing comprehensive service at every stage of the process," he said. "The quality of our services is based on detailed knowledge of the market and its dynamic, precise and proven procedures, and a motivated, responsible and skilled team. Our firm has been synonymous with competence, dynamism and professionalism since 1926 and now we add to that the international network of the Sotheby's International Realty brand to form a very powerful combination."

The Sotheby's International Realty network currently has more than 13,000 sales associates located in approximately 670 offices in 49 countries and territories worldwide. Fontana 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.

Contacts:

David Russell
Director, International Marketing and Public Relations
Sotheby's International Realty Affiliates LLC
Thorpe Hall, Fylingthorpe, YO22 4TT
United Kingdom
+44208 123 1985

Gianluca Righetti
Managing Director
Fontana Sotheby's International Realty
via Luvini 4, 6900 Lugano
Switzerland
+41 91 911 97 20
http://www.fontanasothebysrealty.com

Sotheby's International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940

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