DENVER, CO - On February 25, 2016, Sotheby’s International Realty Affiliates reported that in 2015 its affiliated brokers and sales professionals achieved approximately $80 billion in U.S. home sales volume (transaction sides multiplied by average sale price). Driven largely by a brand record of over 100,000 total transaction sides, this is the highest annual sales volume performance in the history of the brand and marks a 13% increase from the prior year.
Locally, LIV Sotheby’s International Realty also reported that 2015 was a record year for the firm with 4,000 sales valued at approximately $2.5 billion.
“2015 was a record year for domestic sales for both LIV Sotheby’s International Realty, and the Sotheby’s International Realty brand as a whole,” said Scott Webber, president, LIV Sotheby’s International Realty. “With 12 LIV Sotheby’s International Realty office locations in Colorado, we offer accessibility to the increasing level of national and international buyers in key luxury markets, while continuing to provide expert service to Colorado residents.”
The Sotheby’s International Realty brand also reported growth in its global network, which now encompasses 63 countries and territories worldwide. The entire Gulf Region is poised for significant growth as the brand’s affiliate brokerage in the region, Gulf Sotheby’s International Realty, acquired the rights to deliver real estate services in Bahrain, Kuwait, Oman, Saudi Arabia and Qatar. At year-end, the network totaled 835 offices, a gain of nearly 10%.
Nationally, the Sotheby’s International Realty brand added 73 new offices to its network across the United States.
From a marketing perspective, the brand’s 2015 campaign delivered more than 1.2 billion impressions. In Colorado’s accelerated real estate market, individuals are purchasing properties sight unseen. Never before has it been so valuable for the brand to actively pursue media impressions to achieve maximum exposure.
To mark the 40th year of Sotheby’s International Realty in the luxury residential real estate brokerage business, honorary guests of the Sotheby’s International Realty brand were invited to ring the Closing Bell at the New York Stock Exchange on December 29, 2015. Additionally, the brand was featured with prime placement on the New York Stock Exchange video banner in Times Square. Running the entire month of December, the video was shown 15 times per day, reaching over 1.6 million daily visitors to Times Square.
Locally, LIV Sotheby’s International Realty (LIV SIR) has 12 office locations in the Denver Metro and surrounding areas, including Boulder, Castle Pines, Cherry Creek, Denver Tech Center, Downtown Denver, Evergreen and the resort communities of Breckenridge, Vail, and Beaver Creek. LIV SIR is the exclusive Board of Regent for the Who’s Who in Luxury Real Estate.
LIV SIR reported 2015 was a strong year in Colorado real estate with more closed transactions and higher average sales prices throughout the areas the brokerage services. The luxury segment ($1 million plus) of the market was even stronger, outpacing the overall market with the number of transactions increasing in the 30% range over 2014.
For more information, contact LIV Sotheby’s International Realty public relations manager, Brittanny Havard, at 303.486.3738. To service all of your real estate needs visit www.livsothebysrealty.com.
About LIV Sotheby’s International Realty
LIV Sotheby’s International Realty, the exclusive Board of Regent for the Who’s Who in Luxury Real Estate, has 12 office locations in the Denver Metro and surrounding areas, including Boulder, Castle Pines Village, Cherry Creek, Clayton Street, Denver Tech Center, Downtown Denver, Evergreen and the resort communities of Breckenridge and the Vail Valley. For more information call 303.893.3200. To service all of your real estate needs visit www.livsothebysrealty.com.