Sotheby’s International Realty Achieved $95 Billion in Global Sales Volume for 2016

Prominent Properties Sotheby’s International Realty Reports $1.550 billion in Sales Volume in northern New Jersey and New York.


Prominent Properties Sotheby’s International Realty, a luxury real estate firm based in northern New Jersey, today announced that the Sotheby’s International Realty® brand reported that in 2016 its affiliated brokers and sales professionals achieved approximately $95 billion in global sales volume, the highest annual sales volume performance in the history of the brand, driven largely by a brand record of over 127,000 transactions.

In addition, Prominent Properties Sotheby’s International Realty announced that it achieved $1.550 billion in sales volume in norther New Jersey and New York for 2016.  

The Sotheby’s International Realty® brand also reported growth across its global network, which now encompasses nearly 70 countries and territories worldwide. At year-end, the network totaled 880 offices and more than 20,000 sales associates.

“2016 proved to be yet another record year for the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “In just 12 years, we have grown from $4.2 billion to $95 billion in sales volume. Our brand has achieved exponential growth, and I am immensely proud of the hard work and dedication from our affiliate member companies, their independent sales associates and our dedicated worldwide staff. This is a true testament to the strength and international footprint of this extraordinary brand.”

Outside the United States, the Sotheby’s International Realty brand achieved $10 billion in sales volume in 2016 and continued to expand into key markets. The brand saw continued growth in Europe, entering the countries of Austria, Croatia, Slovakia, Slovenia and Montenegro. The brand also expanded in the Asia-Pacific region through affiliations in Fiji and Shanghai and continued to grow in Hong Kong and greater Thailand. Finally, the brand expanded its presence in the Caribbean with the addition of affiliates in Roatan and St. Vincent & the Grenadines.

“We’ve had great success this past year reaching over a billion and a half dollars in Sales Volume with 2,142 transactions, and it’s all thanks to a team of truly dedicated real estate professionals whose purpose is to provide the best service to their clients. It’s with great pleasure that we not only continue to find success in our market, but we continue to grow as well, expanding our market into Summit, New Jersey this year.” said Charles Oppler, COO and Owner of Prominent Properties Sotheby’s International Realty.

 

The Sotheby’s International Realty brand was at the forefront of interactive technology in 2016 with the introduction of 3D Tours with Virtual Reality capability on sothebysrealty.com. Additionally, the site saw the most traffic in its history with nearly 22 million visits, a 54% increase year-over-year.  

The brand also launched the first luxury real estate app for Apple TV, featuring professionally curated high-resolution photography and high-definition video giving consumers the opportunity to explore homes on a screen larger than ever before. An alliance with Juwai.com was launched in 2016 that gives the Sotheby’s International Realty network an edge to generate Chinese homebuyer interest on one of the world’s most prominent real estate websites with over two million monthly visitors. As a truly international brand, Sotheby’s International Realty has the most global representation on Juwai.com, displaying luxury listings from 66 countries and territories.

“Being at the forefront of interactive technology allows us to reach prospective buyers in a more engaging way.” says Michael Oppler, Executive Vice President of Prominent Properties Sotheby’s International Realty, “A 3D tour creates an immersive experience, whether the buyer is located next door, or across the globe.”

The Sotheby’s International Realty brand was the No. 1 real estate company represented in two of the six categories that comprise the annual REAL Trends/The Wall Street JournalTop Thousand” report. The Sotheby’s International Realty brand claimed 45 of the top 250 sales associates in the Individual Sales Volume category, more than any other real estate company. The brand also had the highest combined individual sales volume from sales associates in the same category. In addition, the Sotheby’s International Realty brand had the most individuals represented in the Individual Average Sales Price category, holding 17 of the top 50 spots (34%), further establishing the strength of the Sotheby’s International Realty brand as a leader in luxury real estate sales.

Prominent Properties Sotheby’s International Realty, which has offices in Alpine, Edgewater, Englewood Cliffs, Franklin Lakes, Hillsdale, Hoboken, Montclair, Ridgewood, Saddle River, Short Hills, Tenafly, and Westfield offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele.  Property listings from Prominent Properties Sotheby’s International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm’s local website, prominentproperties.com.

Prominent Properties Sotheby’s International Realty is located at 55 North Maple Ave in Ridgewood, New Jersey, 07450. For additional information, please contact 201.639.5555.

Complimentary Home Sellers Seminar Hosted by Prominent Properties Sotheby’s International Realty in Westfield

Prominent Properties Sotheby’s International Realty, one of New Jersey’s leading luxury real estate firms, will be hosting a 2017 Home Sellers Seminar at The Kenilworth on 60 South 31st Street on Thursday, February 16th from 7pm to 9pm.  Led by the company’s Westfield regional office, the complimentary seminar will cover all facets in the home selling process from understanding your marketplace to preparing and decluttering your home so it’s ready to sell.

DSC_7042

Open to the public, the evening will provide insights from Prominent Properties Sotheby’s International Realty Sales Associates, Joseph Encarnacion and Nanci Echeverri.

The seminar will feature highlights from other industry professionals including representatives from Lai & Ro LLC, Hawkeye Services, and Acres Land Title Agency.

Key speakers will share important information as well as answer questions to help you successfully navigate the many aspects of the real estate market.

If you are interested in hearing about steps towards selling your home, make your move a successful one and register for this complimentary seminar provided by Prominent Properties Sotheby’s International Realty.

To register click here.

 

 

Prominent Properties Sotheby’s International Realty Holds 25,000 Pound Food Drive Challenge to Help End Hunger

2015 Prominent Properties Sotheby's International Realty Move For Hunger Food Drive

REALTORS® of Prominent Properties Sotheby’s International Realty are teaming up with Move For Hunger to help fight hunger in their communities. The Northern and Central New Jersey real estate services firm has launched a Twenty Five Thousand Pound Challenge at each of its 12 offices.

“We are looking forward to reaching and exceeding our goal of 25,000 pounds of collected food,” said Charles Oppler, Chief Operating Officer and Broker/Owner of Prominent Properties Sotheby’s International Realty. “There are over a million people in New Jersey who are still food insecure. As a leader in our local communities where we represent both buyers and sellers, we are excited to help families in need.”

For the months of October and November, the team at Prominent Properties Sotheby’s International Realty will be collecting non-perishable food items from clients, colleagues, friends and family members with the goal of raising twenty five thousand pounds of food for the Community Food Bank of New Jersey and the Center For Food Action.

Anyone that would like to contribute to the Twenty Five Thousand Pound Challenge can bring food items during normal business hours at the company’s following locations: Alpine, 1022 Closter Dock Road; Edgewater, 2 Main Street; Fort Lee, 1608 Lemoine Avenue; Franklin Lakes, 804 FranklinAvenue; Hillsdale, 137 Broadway; Hoboken, 321 Washington Street; Montclair, 87 Park Street; Ridgewood, 55 North Maple Avenue; Saddle River, 152 West Saddle River Road; Short Hills, 555 Millburn Avenue; Tenafly, 90 County Road and Westfield, 200 North Ave East.

While all donations are certainly welcome, the most needed food items are pasta, pasta sauce, canned vegetables, canned fruit, peanut butter, jelly, soups, rice and baby food. To help out with the massive collection and transportation efforts, Harrington Moving & Storage, Ridgewood Moving Services and All Season Movers, Inc. will be donating their resources to deliver the donations. For anyone moving, please reach out to Prominent Properties Sotheby’s International Realty to provide a truck for collecting any unwanted non-perishable food items as donations.

Move For Hunger is a non-profit organization that works with relocation companies to pick up unwanted, unopened food from those who are relocating and deliver it to local food banks. For more information, visit www.MoveForHunger.org.

About Prominent Properties Sotheby’s International Realty: Marketing New Jersey Real Estate at the Highest Level, Prominent Properties Sotheby’s International Realty is an integral part of the New Jersey real estate landscape, with a dedicated team that exceeds 500 licensed professionals and staff working out of 12 offices throughout Northern and Central New Jersey. Regional Offices are located in Alpine, Edgewater, Fort Lee, Franklin Lakes, Hillsdale, Hoboken, Montclair, Ridgewood, Saddle River, Short Hills, Tenafly and Westfield. Prominent Properties Sotheby’s International Realty is committed to skillfully serving their clients and the community, fostering a culture of ethics, collegiality, community, and diversity; delivering exceptional results within the industry as a top-ranked, fully integrated New Jersey real estate services firm.

For further information visit: www.prominentproperties.com or connect on social via Twitter: @prompropsir and Facebook.com/ppsir