Sotheby's International Realty

Established in 1976 to supply independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the best independent real estate firms to the most prestigious clientele in the world. In February 2004, Realogy Corporation (then Cendant Corporation) the world's leading real estate brokerage franchisor, entered into a long-term strategic alliance with Sotheby's Holdings. LSE: STBA) The agreement offered for the licensing of the Sotheby's International Realty name and the development of a complete franchise system by Sotheby's International Realty Affiliates. A subsidiary of Realogy Corporation.