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Franchise Group Press Releases

Sotheby's International Realty® Brand Welcomes Virginia Beach Firm

Madison, N.J. 03-30-2016

Sotheby’s International Realty Affiliates LLC today announced that Weaver Advantage Team, Inc. in Virginia Beach, Virginia, is the newest member of its real estate network and will now operate as Atlantic Sotheby’s International Realty.

Owned and operated by Kris Weaver, the firm will service the residential real estate markets in Virginia Beach, Norfolk, Chesapeake, Newport News, Williamsburg, Eastern Shore and Northern Neck.  With this addition, the Sotheby’s International Realty® brand now has five independently owned and operated affiliates in the state of Virginia including: Frank Hardy Sotheby’s International Realty, Hunt Country Sotheby’s International Realty, The Steele Group Sotheby’s International Realty and TTR Sotheby’s International Realty.

“Virginia Beach is a popular beach town destination with a strong luxury residential real estate market,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “Expanding into this area has been one of our brand’s objectives, and we are proud to welcome Atlantic Sotheby’s International Realty to our network.”

“Affiliating with the Sotheby’s International Realty brand allows us access to the finest marketing platform in the luxury real estate space and an impressive global network of agents,” said Weaver.  “Our goal is to provide our clients with the best possible experience buying, selling and leasing real estate; we are thrilled to align with a brand that can elevate us to the next level.”

Atlantic Sotheby’s International Realty currently has two offices, with its main office located at 2901 S. Lynnhaven Road, Suite 450, Virginia Beach, Virginia, and plans for a third office in a prime oceanfront location opening later this year.

The Sotheby’s International Realty network currently has more than 18,800 affiliated independent sales associates located in approximately 835 offices in 63 countries and territories worldwide.  Atlantic 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.



CONTACT

Lindsey Scharf
Senior Manager, Brand Content and Communications
Sotheby's International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940
(973) 407-5596
Lindsey.Scharf@sothebysrealty.com 
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