Sotheby’s International Realty Expands Luxury Brand Presence in Southeast Asia

List Sotheby's

MADISON, N.J. and BANGKOK and MANILA (September 29, 2016) – Sotheby’s International Realty Affiliates LLC today announced that it has signed agreements with LIST Co., LTD, which owns List Sotheby’s International Realty, to expand the Sotheby’s International Realty® brand presence in Thailand and the Philippines.

List Sotheby’s International Realty has acquired the existing Sotheby’s International Realty affiliate brokerage operations in Phuket, Thailand, and the Philippines, respectively. The company will continue operations at the existing location in Taguig, Philippines and will rebrand using the List Sotheby’s International Realty name. The company plans to launch a new List Sotheby’s International Realty office in Bangkok, Thailand during the first half of 2017.

This agreement furthers the growth of List Sotheby’s International Realty in the Asia-Pacific region. Led by Owner and Chief Executive Officer Hisashi Kitami, the firm expanded into Singapore earlier this year, building upon its existing market presence in Japan and in Oahu, Hawaii.

“Thailand and the Philippines are key gateways into the growing markets of Southeast Asia and also hold attractive properties for global investors,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Hisashi Kitami and his team continue to exemplify our brand’s core values and commitment to providing the highest levels of service in luxury real estate and we are proud of their continued growth.”

“We are excited to complete our acquisition of the territory of Thailand, starting in its capital city of Bangkok, while unveiling our strategic expansion into the brand’s existing market presence in the luxury residential segment in Phuket,” said Kitami. “The Philippines has been one of the top destinations for investors worldwide and offers attractive opportunities for our existing clientele and has an international consumer base. The global reach of the Sotheby’s International Realty network is beneficial to our clients and aligns with the mindset of our team.”

 

The Sotheby’s International Realty network currently has more than 19,000 affiliated independent sales associates located in approximately 850 offices in 65 countries and territories worldwide. List 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.

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Kienlen Lattmann Sotheby’s International Realty Releases New Madison Office with Grand Opening Event

klsir

Kienlen Lattmann Sotheby’s International Realty hosted a Grand Opening event to celebrate the completion of our new location on 223 Main Street in Madison. The event was held September 16th from 4- 7 p.m. They personally welcomed Madison’s Downtown Development Commission, members of the town council, local businesses and all members of the Madison community. The building houses all of the luxury features that you would except from the Sotheby’s International Realty brand. It is our third office.  We have two others in Basking Ridge and Bedminster.

KLSIR has partnered with a group of experienced sales associates, with a proven track record who are also respected members of the Madison community. They know the local market well and are eager to share their knowledge.

Spanning the office walls is the inaugural quarterly KLSIR Art Series. We plan on supporting different community artists by displaying their work in the office. The first installment, is by local artist Emily Cannestro. She is the owner of Willow’s Workshop, LLC on Roosevelt Avenue in Chatham.

While touring the facility, Kienlen Lattmann Sotheby’s International Realty served cocktails from Gary’s Wine and catering by Chef Loryn and On a Roll Catering. Desserts were served by Crowley’s Cupcakes. KLSIR is excited to become a part of the Madison community and looks forward to the continuation of work with other downtown businesses. All were welcome to this celebratory event.

As one of the fastest growing real estate brokerages in northern and central New Jersey, we are excited to become part of Madison and are well-positioned to service clients in town as well as Chatham, Summit, New Vernon, Berkeley Heights, New Providence, Long Hill Township, Florham Park, Morris Township, Morristown, and the surrounding areas.

“Now, with the unparalleled Sotheby’s International Realty marketing engine at our fingertips, our associates are excited to demonstrate what sets us apart from conventional real estate brokerages. The local strengths of Kienlen Lattmann’s Brokers and Sales Associates combined with the international presence and prestige of Sotheby’s International Realty, brings the best marketing minds and tools together paving the way to success for our clients,” said Michael Lattmann, the broker of record.

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Then and Now, an Article from TapIntoMadison.com

Madison rendering.irf  madison 300 x30000001

Kienlen Lattmann Sotheby’s International Realty (KLSR) has announced they are coming to Madison in 2016.

The firm is constructing a new office at 223 Main Street, across from Whole Foods Market. The new Madison team of associates will be operating from the Basking Ridge facility for the time being while the space is being built.

The team does have an active Madison phone number 973.377.7785 and it currently representing homes in town ahead of the new space completion.

“I am thrilled to be included in a great team of experienced agents who have all been a  part of the real estate business for many years in the area. This new state-of-the-art Madison office will offer buyers and sellers unsurpassed service,” said Brenda Russell, agent from Madison office.

The teams associates have served scores of clients while overseeing nearly $500 million of closed real estate transactions in the communities listed above.

“Now, with the unparalleled Sotheby’s International Realty marketing engine at our fingertips, our associates are excited to demonstrate what sets us apart from conventional real estate brokerages,” Lattmann notes.

“The local strengths of Kienlen Lattmann Realtors combined with the international reach and prestige of Sotheby’s International Realty brings the best marketing minds and tools together. Our agents have been given the keys to the most powerful marketing engine and are achieving incredible levels of success for their clients.“

KLSIR also has locations at 68 Finley Avenue in Basking Ridge (908.696.8600) and 454 Main Street in Bedminster (908.719.2500).

TapIntoMadison.com

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Sales Associate Represents KLSIR at Sotheby’s London Contemporary Art Auction

Donna Moore in London

Kienlen Lattmann Sotheby’s International Realty in Basking Ridge, NJ had its key representatives attended the recent Sotheby’s London Contemporary Art Week Auction at the Sotheby’s 34-35 New Bond Street location in London.

Sotheby’s London Contemporary Art Week Auction was held June 25 through June 28.  Kienlen Lattmann Sotheby’s International Realty sponsored the June 28th Evening Sale and the June 29th Day Sale.  The Evening Sale achieved an 87% sell through rate, totaling $69.4 million in sales, while the Day Sale achieved an 83% sell through rate, totaling $22.2 million in sales.  For more information on the Evening Sale including records achieved, click here, and click here for more on the Day Sale.

“This event provided a forum for our network to interact with each other, potential European buyers and Auction House executives and clientele,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “Those who attended gained key insights into the European market and overseas buyers.  We are proud to offer our network members the opportunity to take part in this important yearly sales event.”

Donna Moore, from the Basking Ridge office of KLSIR, was the representative in attendance.

“I witnessed first-hand, one of the first post Brexit art auctions in London, which brought a fair degree of optimism to a market predominately dismayed by the ‘leave’ decision.  Our unique association with the Sotheby’s Auction House provides Kienlen Lattmann Sotheby’s International Realty with a valuable point of differentiation in the global real estate market, said Donna Moore. “Our attendance at the event allows us to showcase our extraordinary listings among this critical and qualified audience of potential buyers and sellers.”

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