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Franchising

Sotheby's International Realty Brand Expands Presence in New Jersey

Tim Kerr Sotheby's International Realty to Serve Luxury Residential Real Estate Market in Avalon and Stone Harbor, New Jersey

MADISON, N.J., May 23, 2017 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced that Tim Kerr's Powerplay Realty in Avalon, New Jersey, is the newest member of its network and will now do business as Tim Kerr Sotheby's International Realty.

Founded in 1992, the boutique firm is led by Owner Tim Kerr and Broker Ryan Vince. Tim Kerr Sotheby's International Realty will serve the luxury residential real estate market in Avalon and Stone Harbor, New Jersey, along the shore community of Seven Mile Island.

"Tim Kerr and his team are homegrown professionals who are deeply knowledgeable about the local real estate market and have a proven track record of success," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC.  "Seven Mile Island is a charming beach community with an attractive luxury residential real estate market.  It is a dynamic area known for its family-friendly atmosphere, beach and water sports, restaurants, and exclusive shopping.  We are proud to welcome Tim Kerr Sotheby's International Realty to our global network," 

"This community is not just where we do business, it is our home," said Kerr.  "We are dedicated to providing personal service and building relationships to assure client satisfaction. The Sotheby's International Realty® brand is the perfect complement to the unique and prestigious market of Seven Mile Island. Moreover, affiliating with the brand lends us a credibility and provides us with the tools and global connections to further grow our company.  We are thrilled to be representing the Sotheby's International Realty brand in our local market." 

Tim Kerr Sotheby's International Realty is located at 2821 Dune Drive in Avalon.  With this addition, the Sotheby's International Realty network now has 41 branded offices throughout the state, giving the brand a significant presence in luxury residential real estate markets along the Jersey shoreline, from Rumson to Cape May, as well as major feeder markets to the shore.

The Sotheby's International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Tim Kerr 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
Director, Public Relations and Communications
Sotheby's International Realty Affiliates LLC
175 Park Avenue
Madison, NJ 07940
(973) 407-5596
Lindsey.Scharf@sothebysrealty.com

SOURCE Sotheby's International Realty Affiliates LLC