Sotheby's International Realty Affiliates Appoints Julie Leonhardt LaTorre as New Chief Operating Officer

Global Real Estate and Management Leader to Spearhead Sotheby's International Realty Brand's Global Growth Plans and Servicing Initiatives

MADISON, N.J. - Sept. 20, 2017 // PRNewswire // - Sotheby's International Realty Affiliates LLC today announced the appointment of Julie Leonhardt LaTorre, global real estate and management professional, as chief operating officer. In this role, LaTorre is responsible for overseeing the global servicing and operations functions for the Sotheby's International Realty® brand.

"Julie Leonhardt LaTorre has an extensive real estate background having worked across various sectors of the industry," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC. "Her keen understanding of an affiliate-based business model coupled with her global business acumen perfectly positions her to take on this role within the Sotheby's International Realty brand. We are pleased to welcome Julie to our team."

LaTorre will lead a team of global operations professionals around the world and will oversee ongoing affiliate services to drive strategic growth goals and objectives for the brand.

"The Sotheby's International Realty brand's global strength and its innovative marketing platforms make it one of the most discerning luxury brands in the world," said LaTorre. "I am thrilled to be joining the brand and look forward to working with the team to continue to grow the business globally, expand top-notch service initiatives and develop business-changing tools for affiliates to better serve their clientele. My experience, not only as a transactional attorney, but also with auction house specialists and luxury brands, has primed me for this role and I am proud to be named chief operating officer of the Sotheby's International Realty brand."

LaTorre has nearly 15 years of experience in the real estate industry. Prior to joining Sotheby's International Realty Affiliates LLC, she served as senior vice president of affiliate services and head of operations, EMERIA region, for Christie's International Real Estate. LaTorre has also held positions as a commercial real estate finance attorney at two leading Wall Street firms: Cleary Gottlieb Steen & Hamilton LLP and Cadwalader Wickersham & Taft LLP. She is fluent in Spanish.

The Sotheby's International Realty network currently has approximately 21,000 affiliated independent sales associates located in over 900 offices in 68 countries and territories worldwide. In 2016, the brand achieved a record global sales volume of $95 billion USD. 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 brand's brokers and clients 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.

Contact:

Lindsey Scharf
Director, Public Relations and Communications
Sotheby's International Realty Affiliates LLC
(973) 407-5596
Lindsey.Scharf@sothebysrealty.com

SOURCE Sotheby's International Realty Affiliates LLC

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