MADISON, N.J. - Sept. 29, 2015 // PRNewswire // - Sotheby's International Realty Affiliates LLC today announced that Sullivan Real Estate on Block Island, Rhode Island, is the newest member of its global real estate network and will now operate as Sullivan Sotheby's International Realty.
The firm, which is owned and operated by Cynthia "Cindy" Pappas, has served the greater Block Island area since 1967. Throughout the years, the firm actively participated in local land preservation and is proud to have contributed to the efforts that led to Block Island being named one of the "Last Great Places" in the Western Hemisphere by the Nature Conservancy. With the addition of this firm, the Sotheby's International Realty network now has three independently owned and operated member companies in Rhode Island, including: Gustave White Sotheby's International Realty and Mott & Chace Sotheby's International Realty.
"Block Island is an iconic New England town located 12 miles off the shores of Rhode Island. Its unique beauty and acclaimed quality of life has often attracted buyers seeking a second or third home, making it an ideal market for our brand," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC. "With its established and reputable presence in the community for nearly 50 years, we are proud to welcome Sullivan Sotheby's International Realty into our network."
Offering residents a respite from their mainland lives, Block Island presents the opportunity to live the sought-after island lifestyle. The brokerage is committed to providing exceptional service to its clients and making the transition to island life as seamless as possible. It has also been involved in contributing to the island's year-round vitality. "Affiliating with Sotheby's International Realty allows us to showcase our luxury homes beyond the island shores to a world-wide market," said Pappas. "Being a part of a globally recognized brand, we look forward to expanding our reach, learning from the experiences of our fellow brokers and gaining valuable insights on other real estate markets around the world."
The Sotheby's International Realty network currently has more than 17,000 sales associates located in approximately 800 offices in 61 countries and territories worldwide. Sullivan 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.
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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Sotheby's International Realty Affiliates LLC