January 23, 2015 // Franchising.com // Madison, N.J. - Sotheby's International Realty Affiliates LLC announced the merger of Lang McLaughry Real Estate, which has 15 offices throughout Vermont and New Hampshire, and Four Seasons Sotheby's International Realty, which has three offices in New Hampshire. The combined company will be operating as Four Seasons Sotheby's International Realty.
Simultaneous with this transaction, the combined company has acquired Vermont Country Properties Sotheby's International Realty, which has five offices across Vermont. A total of 22 offices across Vermont and New Hampshire now will operate as Four Seasons Sotheby's International Realty.
"Lang McLaughry was established in 1959, bringing an established reputation built over 56 years for service and excellence in the community, and Four Seasons and Vermont Country Properties are both highly respected companies with a similar focus on service excellence." said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "We are proud to welcome them to the Sotheby's International Realty global network."
Staige Davis will serve as chief executive officer of Four Seasons Sotheby's International Realty with Buff McLaughry serving as chief operating officer. Stephanie Wheeler and Pam Perkins are co-owners of the newly combined entity.
"Our goal for nearly six decades has been to provide superior, innovative real estate services to buyers and sellers," said Davis, formerly chief executive officer of Lang McLaughry. "We are proud to join the Sotheby's International Realty worldwide network, which we feel has the best marketing resources available in real estate and a reputation for extraordinary service and consistency. Bringing our companies together enables us to continue to pursue our visions of excellence and innovation in how we service our local communities, while being part of a strong global real estate network. Four Seasons Sotheby's International Realty opened its first office more than 100 years ago, affiliating with the Sotheby's International Realty brand in 2009. We are so pleased to unite with that rich and deep history."
The Sotheby's International Realty network currently has over 16,400 sales associates located in approximately 730 offices in 56 countries and territories worldwide. Four Seasons Sotheby's International Realty listings are 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.
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
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