Sotheby's Realty Blog

Sotheby’s International Realty® Brand Tops Individual Sales Volume Category in REAL Trends/The Wall Street Journal Report for Second Year in a Row

June 23, 2017

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Sotheby’s International Realty Affiliates LLC today announced that the Sotheby’s International Realty® brand was the No. 1 real estate brand represented in two of the six categories that comprise the 2017REAL Trends/The Wall Street JournalThe Thousand” for the second year in a row. The annual report ranks America’s top 1,000 residential real estate agents and teams based on 2016 annual sales volume and transaction sides, and the top 50 agents and top 50 teams on average sales price—making it a ranking of the top 1,100 nationwide.

The Sotheby’s International Realty brand claimed 46 of the top 250 sales associates in the REAL Trends Individual Sales Volume category, more than any other real estate brand. 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.

“Having a leading number of sales associates represented in two categories of the REAL Trends/The Wall Street Journalrankings is a testament to the strength of the Sotheby’s International Realty brand,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “In 2016, the average sales price accomplished by Sotheby’s International Realty was among the highest of any national real estate brand as evidenced by its achievement of $95 billion in global sales volume. This accomplishment is made possible by having top sales professionals affiliated with Sotheby’s International Realty and I am so proud of the companies and sales associates represented on this list and their contribution to the power of this brand.”

Click here to see the Sotheby’s International Realty brand affiliated sales associated represented on “The Thousand.”

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

The complete Thousand Top Real Estate Professionals list can be found on REAL Trends’ website, www.realtrends.com.

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Luxury Real Estate Headlines: Fourth Week in June 2017

June 23, 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

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Fundo Reñihué, the longtime home of the late conservationist and clothing entrepreneur Doug Tompkins, is now on the market for $10.5 million. Reñihué farm is a sprawling piece of property in the rugged Patagonia region of Chile that measures 1,750 acres.

A Sprawling —1,750-Acre—Farm and Estate in Rugged Patagonia, Chile – Mansion Global

Sotheby’s International Realty Brand Expands Presence in Upstate New York – Sotheby’s International Realty®

For sale: 6 charming cottages – The Week

Buying A Home Sight Unseen Is Easier Than Ever—and More Common – The Wall Street Journal

10 Homes That Are Modern-Living Goals—Inside And Out – Elle Decor

As Miami Developments Take a Breather, New Projects Are Rising in Nearby Cities – Mansion Global

UPDATE: Restored seaside house sells for more than $36 million in Palm Beach – Palm Beach Daily News

Vancouver Estate Shoots for a Record $47 Million – The Wall Street Journal

Southampton estate on Ox Pasture goes on the market for $13.5M – Curbed

Waterfront Architectural Masterpiece – NBC New York

Edwardian Craftsman in Jordan Park exudes period charm – SFGATE

Bronson Canyon living with a side of heavy metal – The Los Angeles Times

Sotheby’s Pulls in $161.3 M. at Impressionist and Modern Sale in London – ARTNews

The Art of VR opens at Sotheby’s in New York – GearBrain

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Jacqueline Kennedy’s Historic Childhood Home in Virginia Listed for $49.5 Million

June 22, 2017

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One of the most beloved First Ladies and iconic historic figures, Jacqueline Kennedy Onassis’ childhood home is for sale in McLean, Virginia for $49.5 million.

Recently reported by The Wall Street Journal, America Online (AOL) co-founder Steve Case is listing Merrywood – the sprawling, seven-acre estate on the Potomac River with TTR Sotheby’s International Realty. Nestled in the Washington DC suburb, the estate reflects a storied history, serving as home to several of America’s most influential political and business leaders.

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As the childhood home of Jacqueline Kennedy Onassis, Merrywood was elevated to a position of prominence in the mid-1940s and has since continued to provide a celebrated venue to host presidents, business leaders, artists, and countless family celebrations.

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The exceptional brick and limestone main residence reflects the finest traditions of the Georgian Style. Inside, a gracious entry hall opens to public rooms scaled to accommodate both large gatherings and intimate family occasions. The interiors are the bespoke masterwork of renowned designer, Barry Dixon.

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The second-floor family quarters include an expansive master suite with his or her dressing rooms, a private study and an exercise room.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Four additional en-suite bedrooms grace this level. Upstairs, four bedrooms and three baths are comfortably scaled. On the lower level, there is an exceptionally fine, climate controlled wine cellar. An elevator services all four levels of the residence.

“I always love it so at Merrywood—so peaceful…with the river and those great steep hills,” – Jacqueline Kennedy Onassis (1944)

Outside, the formal gardens are reminiscent of the timeless work of celebrated 19th and 20th Century landscape architect, Beatrix Ferrand, reflecting a series of outdoor garden rooms for large scale entertaining, intimate al fresco dining, or simply relaxing and engaging the sweeping views.

Discover more of Merrywood on sothebysrealty.com

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Video of the Week: French Provençal Farmhouse-Inspired Estate in Atlanta, Georgia

June 21, 2017


$9,500,000 USD | Atlanta, Georgia | Atlanta Fine Homes Sotheby’s International Realty

Designed by William B Litchfield and inspired by 17th-century French Provençal farmhouses, this stone estate set on over four acres is absolute perfection. Approached down a gated, tree-lined drive, the boughs part and an extraordinary home with pleasing symmetry emerges from the thicket. Beautifully appointed with seamlessly flowing stone floors, high ceilings, extensive floor-to-ceiling woodwork and spacious open rooms bathed in soft light, the home possesses a quiet and simple sophistication. Five bedrooms, seven full baths, four half baths and full smart home technology.

Discover luxury home tours around the world

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Sotheby’s International Realty Brand Expands Presence in Upstate New York

June 21, 2017

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Sotheby’s International Realty Affiliates LLC today announced that Timm Associates, Inc. in Old Forge and Blue Mountain Lake, New York is the newest member of its network and will now do business as Timm Associates Sotheby’s International Realty.

The firm was founded in 1989 and is owned and operated by Dawn Timm.  Timm Associates Sotheby’s International Realty will serve the luxury residential real estate market in the Central and Western Adirondacks region of New York.

“The Adirondack Mountains are a year-round retreat and an attractive market for those seeking a home that caters to an active lifestyle,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC.  “We are proud to welcome Timm Associates Sotheby’s International Realty to our global network.”

“The communities we serve offer an abundance of recreational activities and we enjoy sharing our love of the Adirondacks with our clients,” said Timm.  “We like to say we are selling a fun-filled lifestyle, but we also believe every client deserves the same exceptional service throughout the buying and selling process, no matter the size of the transaction.  Affiliating with the Sotheby’s International Realty® brand allows us the opportunity to provide our clients with an extraordinary global marketing platform.  We are thrilled to be Timm Associates Sotheby’s International Realty.”

Timm Associates Sotheby’s International Realty has offices in Old Forge and in Blue Mountain Lake.  With this addition, the Sotheby’s International Realty network has 62 branded offices throughout the state of New York.

The Sotheby’s International Realty network currently has more than 20,000 affiliated independent sales associates located in approximately 880 offices in 69 countries and territories worldwide.  In 2016, the brand achieved a record global sales volume of $95 billion USD.  Timm Associates Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global website.  In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.  Each office is independently owned and operated.

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Unwind | Libraries

June 20, 2017

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Books are tangible pathways that lead to different worlds; whether its reliving the past, imagining the future, or traveling to a place that could only exist in your wildest of dreams, escaping into the depths of a good story has long been a pastime. In this week’s installment of Unwind, discover homes from around the world with libraries and reading spaces perfect for relaxing with a good book.

NewYork$15,000,000 USD | New York, New York | Sotheby’s International Realty – East Side Manhattan Brokerage

Perched atop a prewar coop, this recently and fully renovated penthouse is distinguished by incredible light and spectacular views. Beautifully scaled rooms with multiple exposures and corner outlooks abound, and the unique charm and grace of a Rosario Candela penthouse is present throughout. Notable features include a light-filled library, French doors opening onto the many wrap-around terraces, vistas of Central Park, ample blue sky, and views of the surrounding building towers and far beyond.

Mexico$8,000,000 USD | Chapultepec, Mexico | Guadalajara Sotheby’s International Realty

This English-inspired residence sits behind wrought walls and security gates, accessed by a private driveway. Inside, a marble-floored gallery runs east to west across the front of the home, leading to the office and games room/library on the main floor. At the left of the gallery a doorway opens into impressive formal living and dining areas; gracefully illuminated by natural light, both open out to sandstone-paved terraces.

Germany2.098.000 € EUR | Hessen, Germany | Peters & Peters Sotheby’s International Realty

This special villa, which was extensively renovated in 2003, is characterized by its harmonious atmosphere, style and color; its large-area windows, spacious balcony as well as additional terraces ensures that its occupants has a ubiquitous view of the constantly green vistas of an idyllic garden. The ground floor of the villa is devoted to sharing time with family or welcoming guests in an impressive setting – the corner-installed library is a striking take on the classic amenity.

Canada3 200 000 $ CAD | British Columbia, Canada | Sotheby’s International Realty Canada

Local Salt Spring Island architect Henry (Hank) Schubart, a student of Frank Lloyd Wright, designed a home that would take advantage of the island’s distinctive features minimum disturbance. The result was the present house, completed in 1985. Hank designed the home around the existing, old-growth fir trees and used post-and-beam internal framing and large decks to create a feeling of living within the landscape, rather than imposing on it. The current owners supervised construction of a new studio and guesthouse, again designed by Hank Schubart. The new buildings continued with Hank’s theme of post and beam construction, with local Galiano builders Struen Robertson and Lars Lilholt adding their own creative touches.

Missouri$1,900,000 USD | Ladue, Missouri | Dielmann Sotheby’s International Realty

Situated on a private lot in Ladue, this expansive home offers spaces for both intimate and hosting opportunities; whether it’s a comfortable night in front of the fireplace or one nestled in a comfy chair within the library, or entertaining a large group throughout the residence’s layout, this home is suitable for all. From the front door, you walk into a two-story entry hall, looking into a gorgeous and spacious living room. The spacious gourmet kitchen opens to the hearth room for family gatherings.

Experience the previous installments of Unwind

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Sotheby’s Institute of Art | Taxidermy to Tennis Balls: Rauschenberg and the Art of Recycling

June 19, 2017

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From the esteemed faculty of the Sotheby’s Institute of Art in London, Pierre Saurisse introduces us to New York’s Abstract Expressionist, Robert Rauschenberg.

To imagine Rauschenberg finding inspiration in the streets of New York, where he moved in 1949, is to evoke the figure of a scavenger. Shops, flea markets, but also the city streets were a gold mine for this tireless object hunter. Striding along the streets, he brought back to his studio a vast array of artifacts which would be integrated into his Combine paintings. These objects include newspapers, a crank, gears, a mirror, photographs, stamps, wax, fabric, a mirror, a quilt, a pillow, socks, shoes, maps, plastic, a light bulb and a tennis ball. The list, of course, is far from complete.

A very different kind of object is the taxidermy Angora goat Rauschenberg bought in a second-hand shop in 1955, still early on his career. In the artist’s studio in Pear Street, there was no doubt that the long-haired ruminant stood out among the bric-a-brac dragged in from the streets. Soon it found its way onto a shelf attached to the upper part of a Combine painting. Majestic and somewhat intimidating with its long curving horns, it was the largest object Rauschenberg had ever incorporated in a single piece.

But this was not the final destination of the goat. As the original work was dismantled, the animal found itself not only encircled by a tire but attached to another panel, this time near the floor (while the first panel was reworked into another combine, Rhyme, in 1956). However, this pairing was also short-lived, as two years later the new panel and the goat were separated by the artist. The former was incorporated into yet another Combine painting, Summerstorm (1959), while the latter, still caught in a tire, landed on a square canvas placed horizontally. It is only then, in 1959, that Monogram took its definite form.

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The convoluted fate of the goat in Rauschenberg’s studio is less a symptom of the artist’s indecisiveness than a sign of his extraordinary ability to recycle his own works. It epitomises his unique propensity to rework his Combines and reuse parts of them in other works as he saw fit. Recycling was at the very heart of his artistic strategy during the years he spent in New York.

By the end of the 1950s, other young artists were incorporating everyday materials into their works, both in the United States and in Europe. In reference to an avant-garde movement not uncommonly associated with nonsense and madness, the label ‘Neo-Dada’ was, rather inadequately, sometimes used to refer to this trend, and it was not meant to be flattering. When in 1961 the Museum of Modern Art in New York mounted an exhibition on The Art of Assemblage, in which two works by Rauschenberg were shown, anger and outrage were still voiced at such a prestigious temple of art opening its door to, literally, junk.

About Sotheby’s Institute of Art

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Sotheby’s Institute of Art is The Graduate School of Art and its Markets. Evolving from a small connoisseurship program started by Sotheby’s Auction House in 1969, Sotheby’s Institute is now the foremost leader in art business education and object-based learning. Its global faculty represent the best of almost every facet of the art world, helping students decipher and master the unique forces at play at the intersection of art and commerce.

With campuses in the cultural capitals of London, New York and Los Angeles, Sotheby’s Institute offers graduate level programs that have become more relevant than ever in an art world that is constantly seeking individuals with art historical scholarship and business acumen. Besides Master’s degrees, Sotheby’s Institute offers programs of study such as summer classes, 15-week semester courses, online learning and executive education. Sotheby’s Institute of Art’s programs provide the knowledge and credentials needed to achieve success in today’s worldwide art markets and cultural institutions.

Discover more from the Sotheby’s Institute of Art

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Luxury Real Estate Headlines: Third Week in June 2017

June 16, 2017

Highlights from this week’s top news stories on luxury and global real estate, art, collectibles and home.

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$49,500,000 USD | McLean, Virginia | TTR Sotheby’s International Realty

“Located on the banks of the Potomac River, the 7 acre estate is about 8 miles from downtown Washington. Its Georgian-style house measures about 23,000 square feet with nine bedrooms”

AOL’s Steve Case Lists Historic Merrywood Estate for $49.5 Million – Wall Street Journal

A Seaside Nantucket Compound Moonlights as the Perfect Summer Getaway – Mansion Global

Five Homes for Tree Lovers – Financial Times

8 of the Most Expensive Properties for Sale in Bermuda – Boat International

Homes Where You Can While Away the Hours – Wall Street Journal

A Penthouse on Lake Como with a Musical History – Mansion Global

NYC’s Delightful ‘Pumpkin House’ is Back for $4.25M – Curbed

For Sale: 6 Stunning Single-Story Homes – The Week

18 of the Oldest Homes in America for Sale – Architectural Digest

A New York Townhouse, Typewriter Included – Wall Street Journal

House Hunting in… Luxembourg – The New York Times

A Home for Literature in Prague – Financial Times

Milan’s Brera Neighborhood is Artsy Cool – and Upmarket, Too – Mansion Global

The Art of Living With and Within Art – T Brand Studio

10 Vineyard Homes You Can Actually Move Into – Elle Decor

Andy Warhol’s First Self-Portrait is on the Auction Block – Architectural Digest

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Spiritual New Zealand: Walking with the Maori

June 15, 2017

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From the pages of Summer 2017’s issue of RESIDE®Kathy Ullyott explores New Zealand and discovers a land rich in spirituality and culture.

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It was still light when Bill Matthews, looking more like a sheep rancher than a Maori sage and storyteller in his black oilskin duster and work boots, picked me up at the Copthorne Hokianga Hotel on New Zealand’s northwest coast.

By the time he stopped the SUV at a dizzying height above Hokianga Harbour, the sun was beginning to slide into the sea. Matthews killed the engine, we got out and he swept his arm to encompass the platinum mirror of the bay below.

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There’s probably nothing more authentic than a Maori-inspired tattoo, which historians believe European sailors to the South Pacific brought back to the western world in the 16th century.

“A thousand years ago, the great chief of the mythical land of Hawaiki set out in pursuit of a giant wheke, or octopus…” he began. The chief, Kupe, eventually vanquished the octopus and discovered a new land called Aotearoa, “land of long white cloud.” He departed from the very bay below but vowed to return, which he did. His descendants, the Maori, have populated Aotearoa ever since.

In the liquid subtropical twilight, it wasn’t hard to imagine the carved red waka (canoes) drifting to the beaches below, their wide-eyed passengers overwhelmed by the wild lushness of their new home. But this lookout wasn’t our destination, and the story of the coming of the Maori to New Zealand was just a prologue.

At the verge of the fabled Waipoua Forest, a primeval rainforest and sanctuary for the vast native Kauri trees, the last light filtered through the silver ferns, symbol of New Zealand and as big as rooftops. After cleaning our shoes to prevent introducing any plant diseases, we ducked into the underbrush. Matthews, walking several feet ahead of me, began a low chanting prayer to greet the ancient gods.

It’s not surprising, really, that the misty ranges, bubbling hot springs and vast forests that were such inherently sacred sites for the Maori have, in more recent years, inspired and attracted pilgrims of all spiritual stripes.

Lonely Planet’s guide to “experiences of a lifetime”—Lonely Planet Code Green—includes Footprints Waipoua, for which Matthews acts as guide, as one of its 82 most life-changing experiences in the world.

Before we met Te Matua Ngahere, Father of the Forest, Matthews asked me to stop while he chanted a blessing. As if summoned, a light rain began, silencing the cries of the kiwi and tui birds that had been keeping us company.

“ You are a seed. Even though you are small, you have value.”

Then there was the tree itself: 3,000 years old, 52 feet/16 metres around and as wise and silent as a vast monk. The Maori believe that the giant trunks of the Kauri trees hold up the sky and, indeed, Te Matua Ngahere gleamed like a temple. We watched and waited in silence as the rain filtered through the ferns.

Screen Shot 2017-06-13 at 10.27.45 AM Bianca Ranson started her company, Potiki Adventures, in 2004, partly because “I was having trouble finding work that allowed me to live my values as a Maori person,” she told me as she introduced me to Waiheke Island just o the capital of Auckland. After a five-year high school unit of total-immersion Maori and a further year in an intensive Maori outdoor-skills course, Ranson decided she wanted to work with young Maori to re-acquaint them with aspects of traditional culture.

A benefactor suggested she also give visitors a taste of New Zealand from a Maori perspective. Many awards later, she is still imparting Maori traditions to Maori youth and giving Pakeha hands-on experience of Maori activities, perspectives and spirituality. Guests stay in the Marae, a traditional ancestral meeting-house, visit historical pa (power) sites and participate in activities such as ax- weaving, poi-making and mau rakau (martial arts).

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“The name for afterbirth in Maori is whenua,” Ranson said in a TEDx Waiheke presentation. “The name for land is [also] whenua. It shows the direct connection between us and the land.”

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In fact, according to traditional Maori belief, the land was Papatuanuku, the earth mother; Ranginui was the sky father. In the beginning, “Papa and Rangi” weren’t separated but clung tightly together, shutting out all light and making it impossible for their six sons to see. The sons squabbled among themselves about how they might separate their parents. Finally, Tane Mahuta, Lord of the Forest, New Zealand’s largest known living Kauri tree, braced his head against the earth and pushed mightily against the sky with his feet until the two parents were pushed far apart, light flooded in and the humans they had parented were revealed.

$22,000,000 NZD | New Zealand Sotheby’s International Realty

Tane Mahuta still dwells in Waipoua Forest, and I was on my way to meet him.

After Matthews and I offered a final prayer to Te Matua Ngahere, we followed the forest path in silence until he asked me to stop once again while he chanted a greeting. Ahead, Tane Mahuta stood in a clearing. Standing at nearly 170 feet/52 metres and with his head lost in the night sky, he wasn’t hard to imagine as an ancient creative force. Although the rain had stopped, the forest was quiet. Matthews drew a piece of hardened resin from his pocket and lit it with a lighter while he said another prayer. The forest seemed to let out a sigh as Matthews extinguished the smoldering resin and handed it to me. But he had one more gift. He leaned over, felt the ground for a kauri seed and presented it to me with a traditional ancient Maori message: “You are a seed. Even though you are small, you have value.”

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