Summit Sotheby’s International Realty Announces Acquisition of Long-Term Property Management Firm Coalition Management
Posted by Tiffany Fox — December 10, 2018
PARK CITY, UT – Summit Sotheby’s International Realty has announced the addition of a long-term property management division to their full-service real estate firm. This announcement comes on the heels of Summit Sotheby’s International Realty’s acquisition of Coalition Management, the Park City leader in long-term rental and property management services.
“Providing property management services to the Park City community since 1986 has been an incredible opportunity to connect with people from around the world,” said Annette Sneed, Owner and Principal Broker of Coalition Management. “Joining forces with Summit Sotheby’s International Realty signifies the continuation of the service and commitment to quality they have come to expect. We look forward to the combined value of our organizations and are excited to see what the future brings.”
“We could not be more honored to have the opportunity to provide luxury real estate experiences to our clients,” said Thomas Wright, President and Principal Broker of Summit Sotheby’s International Realty. “We felt that offering our clients access to professional long-term management services was a natural next step for Summit Sotheby’s International Realty. Combining forces with Coalition Management, backed by the power of the Sotheby’s International Realty brand, will provide Park City the best in long-term property management.”
Summit Sotheby’s International Realty’s property management division will be based in their Park City flagship location, 1750 Park Avenue. This new division compliments the brokerage’s comprehensive client services touching real estate sales, relocation and developments.
About Summit Sotheby's International Realty
Summit Sotheby’s International Realty (SSIR) was organized in 2008 and became the exclusive Sotheby’s International Realty company for the state of Utah. In the firm’s first year, SSIR produced $135 million in sales volume. In 2017 SSIR produced over $1.83 billion in annual sales volume making them the market share leader in the Park City area. Summit Sotheby’s International Realty has offices state-wide with over 180 brokers, sales associates and support staff serving Utah’s best-known luxury markets: Park City, Deer Valley® Resort, St. George and metropolitan Salt Lake City.