Daniel Gale Sotheby's International Realty Sponsors Sotheby's Impressionist, Modern and Contemporary Art Auction

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1353518002Cold Spring Harbor, NY - Daniel Gale Sotheby's International Realty, one of the nation's leading realtors, was a co-sponsor of the recent Sotheby's Impressionist & Modern and Contemporary Art Auction at Sotheby's in New York and co-hosted a Sotheby's International Realty information desk during the auction.

The Sotheby's Impressionist & Modern and Contemporary Art Auction, one of the biggest events of the auction season, was held November 13 and 14 and concluded with an impressive total of $666,810,050 in transactions. This overall result includes the Contemporary Art Evening Auction's remarkable total of $375,149,000 - the new record sum for an auction in any category at Sotheby's - and exceeds the strong $600 million total for the same sales in November 2011.

"Our relationship with Sotheby's International Realty and the Auction house, and our attendance at this event, provide unmatched exposure for our luxury listings, both through Sotheby's clientele and other Sotheby's International Realty agents," said Daniel Gale Sotheby's President and CEO Patricia Petersen. "This association allows us to showcase our extraordinary listings among a critical and qualified audience of potential buyers and sellers, an important component of our marketing efforts that distinguishes us from our competitors."

The auction was attended by Daniel Gale Sotheby's International Realty sales associates Miriam Ainbinder, Barbara Candee, Lisa Gilpin, Lois Kirschenbaum, Peggy Moriarty, Margaret Trautmann, Bonnie Williamson, and Laura Zambratto. They also staffed the Sotheby's International Realty information desk over the course of the auction and attended a Private Reception.

"This event provided a forum for our network to interact with each other, potential buyers and Auction House executives and clientele," said Philip White, president and chief operating officer, Sotheby's International Realty Affiliates LLC. "We are proud to offer our network members the opportunity to take part in this important sales event."

The Sotheby's International Realty network currently has more than 12,600 sales associates located in approximately 650 offices in 45 countries and territories worldwide.

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 provider of real estate 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.

Founded in 1922, Daniel Gale Sotheby's International Realty consistently leads the nation in achieving one of the highest average sales prices in the country. Voted Best Residential Real Estate Company in the Long Island Business News and Long Island Press annual readership polls, Daniel Gale Sotheby's is a $1.8 billion dollar plus organization with close to 600 sales associates in 21 sales offices spanning Long Island. Services include a Relocation Division, an award-winning Marketing & Technology Department, New Homes, Commercial and Rental Divisions; Ambassador Abstract title company, and a Wells Fargo Home Mortgage affiliation. The Sotheby's International Realty affiliate for Long Island's North Shore since 1976, DGSIR has gained national and international recognition, including top honors worldwide.

Daniel Gale Sotheby's International Realty is on the Regents Board of "Who's Who in Luxury Real Estate," a global network of leading real estate companies and active in both Real Trends and The Realty Alliance (comprising some of the real estate industry's most influential companies with participation "by invitation only"). More information may be obtained at www.danielgale.com.