Sotheby's International Realty

Sotheby's International Realty Reviews

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About Sotheby's International Realty

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Sotheby’s International Realty is a global real estate brand that specializes in helping people buy, sell and rent luxury properties. It operates as a marketing and referral network with offices in 78 countries and territories. Buyers and renters can begin their search on the company’s website or app before reaching out to an agent. Sellers can contact an agent or office directly for help selling their property.

Pros & Cons

Pros
  • U.S. and international listings
  • Searchable by lifestyle and destination
  • Video and virtual reality tours available
Cons
  • Not transparent about costs
  • Fewer affordable listings

What is Sotheby’s International Realty?

Sotheby’s International Realty is a luxury residential real estate company that helps brokerages and individuals market properties globally. It was founded in 1976, but in 2004 the Sotheby’s auction house entered into a deal with Realogy — now Anywhere Real Estate — to allow for the licensing of the Sotheby’s International Realty name and the creation of a franchise system for the brand.

At the time of publishing, Sotheby’s International Realty has grown to a network of 25,000 sales associates facilitating $204 billion in annual sales.

How does Sotheby’s International Realty work?

The Sotheby’s International Realty process generally begins on the company’s website or mobile app. If you’re buying or renting, you can use the search function to filter properties by criteria such as:

  • Proximity (nearby properties)
  • Lifestyle
  • Destination
  • Development
  • Properties with video tours
  • Properties with virtual reality tours

You can then click on listings to look at property details. If you’re interested, you can find the property agent’s contact information on the listing and reach out to ask questions or let the agent know you’re interested.

If you’re selling a property, you can use the company’s website to find a local agent or office. From there, your agent or brokerage will help with listing and selling your property.

Sotheby’s International Realty fees

Sotheby’s doesn’t disclose any fees for its services, and it’s free to browse the company’s property listings and agent directory.

However, your expected cost when dealing with the company will likely vary based on the services you need and your particular situation. For example, in a typical real estate transaction, the seller pays the commission of their agent as well as the buyer’s agent. This commission is a percentage of the sales price of the property.

Because Sotheby’s International Realty operates worldwide, these conventions might not be universal, though. We recommend you speak to your real estate agent about the cost of their services before doing business with them.

Sotheby’s International Realty FAQ

Where is Sotheby’s available?

Sotheby’s International Realty operates in 78 countries and territories across the globe, including the United States. A list of all its more than 1,000 offices can be found on its website.

Is Sotheby’s luxury?

Sotheby’s International Realty is a luxury real estate company that generally works with higher-end properties. At the time of publishing, over 75% of its for-sale listings had asking prices of $500,000 or more. However, it does have lower-price properties available as well.

How many agents does Sotheby’s have?

Sotheby’s International Realty claims to have 25,000 sales associates as of 2022.

Who owns Sotheby’s Real Estate?

Sotheby’s International Realty is a subsidiary of Anywhere Real Estate, formerly Realogy Holdings Corp., that uses the “Sotheby’s” name under a licensing agreement with the Sotheby’s auction house.

Is Sotheby’s legit?

Sotheby’s International Realty is a legitimate luxury real estate brand with over 1,000 offices worldwide and $204 billion in annual sales. It isn’t transparent about what kind of commission or fees you can expect to pay when working with its network of agents, though, so it’s important for you to ask about potential costs before you sign up.

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Sotheby's International Realty Company Information

Company Name:
Sotheby’s International Realty
Website:
www.sothebysrealty.com