Massachusetts Firm Joins Sotheby's International Realty Brand

April 11, 2014 // Franchising.com // MADISON, N.J. - Sotheby's International Realty Affiliates LLC today announced that Harborside Realty in Marblehead, Mass., is the newest member of its real estate network and will now operate as Harborside Sotheby's International Realty.

Michael Cannuscio, Dick McKinley and Matt Dolan are broker/owners of the firm, which is located at 72 Front Street in Marblehead, and serves Marblehead and the adjacent markets. With the addition of this firm, the Sotheby's International Realty® brand now has 31 offices throughout Massachusetts.

"Michael and his team of 30 associates have a true understanding and appreciation for their market's unique attributes," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "They are known for their focus on service, and we proudly welcome them to our worldwide network and the outstanding group of offices that serve Massachusetts."

According to Cannuscio, the Sotheby's International Realty brand offers his firm a global reach that complements their local market experience. "With the support of the Sotheby's International Realty brand, we will receive worldwide exposure for our market and the outstanding properties we represent," he said. "Our market area has distinct characteristics filled with historic districts and wonderful seaside neighborhoods that necessitate an in-depth local knowledge, which our agents are known for. We are focused on achieving our clients' objectives and their satisfaction with a high level of professionalism, market knowledge and service."

The Sotheby's International Realty network currently has more than 14,500 independent sales associates located in approximately 700 offices in 52 countries and territories worldwide. Harborside 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
Senior Director
Public Relations and Communications
Sotheby's International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940
(973) 407-6375
Jennifer.Zimmerman@sothebysrealty.com

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