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Franchising

Sotheby's International Realty Brand Expands Presence in Upstate New York

June 21, 2017

MADISON, N.J., June 21, 2017 /PRNewswire/ -- Sotheby's International Realty Affiliates LLC today announced that Timm Associates, Inc. in Old Forge and Blue Mountain Lake, New York is the newest member of its network and will now do business as Timm Associates Sotheby's International Realty.

The firm was founded in 1989 and is owned and operated by Dawn Timm. Timm Associates Sotheby's International Realty will serve the luxury residential real estate market in the Central and Western Adirondacks region of New York.

"The Adirondack Mountains are a year-round retreat and an attractive market for those seeking a home that caters to an active lifestyle," said Philip White, president and chief executive officer of Sotheby's International Realty Affiliates LLC. "We are proud to welcome Timm Associates Sotheby's International Realty to our global network."

"The communities we serve offer an abundance of recreational activities and we enjoy sharing our love of the Adirondacks with our clients," said Timm. "We like to say we are selling a fun-filled lifestyle, but we also believe every client deserves the same exceptional service throughout the buying and selling process, no matter the size of the transaction. Affiliating with the Sotheby's International Realty® brand allows us the opportunity to provide our clients with an extraordinary global marketing platform. We are thrilled to be Timm Associates Sotheby's International Realty."

Timm Associates Sotheby's International Realty has offices in Old Forge and in Blue Mountain Lake. With this addition, the Sotheby's International Realty network has 62 branded offices throughout the state of New York.

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. Timm Associates 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