Sotheby’s International Realty News: Brand Expands Presence in Ireland

irelandSotheby’s International Realty Affiliates LLC has announced that the brand is expanding its global network into Ireland with the formation of Ireland Sotheby’s International Realty. Led by seasoned professionals David Ashmore and Bill Montgomery the firm’s main office will be located in Dublin and offer luxury services throughout Ireland.

Sotheby’s International Realty is dedicated to providing our network’s exclusive real estate services in luxury property destinations around the world,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC.  “Dublin is a vibrant and important city with its rising luxury real estate market and unique culture.  We are proud to expand the brand’s presence into Ireland and welcome Ireland Sotheby’s International Realty to our network.”

“Ireland is truly becoming a destination for international buyers of luxury residential real estate,” said Ashmore.  “As a member of the Sotheby’s International Realty network, we are able to take advantage of the brand’s global platform and access an audience far beyond our local reach.  We are delighted to be joining this esteemed network.”

Our network continues to grow at lengths as we have a presence in over 63 countries and territories worldwide encompassing 18,800 dedicated real estate sales associates. Here at Gibson Sotheby’s International Realty we would like to congratulate David Ashmore, Bill Montgomery, their team and the Sotheby’s brand for this significant achievement.

Take a look at our previous blogs below in order from most recent to older news to read about other grand openings to see just how far the Sotheby’s brand has come.

Source: Sotheby’s International Realty 

Real Estate News: Greater Boston Real Estate Market Sees Strong Start in 2016

The Massachusetts Association of Realtors® (MAR) reported that 2016 started where 2015 left off with closed sales continuing to go up on strong buyer demand. Activity in the final months of 2015 pushed closed sales to its highest levels for a month of January since 2004. The same can be said in the Greater Boston area with steady housing and a healthy economy. The Greater Boston market experienced an overall increase in residential property sales during January. Sales for detached single-family homes rose to a new record level for the month according to the Greater Boston Association of REALTORS® (GBAR).

“Last month’s sales figures are indicative of a positive start to 2016, as we saw an overall 19.7 percent closed sales increase on January of last year,” said GBAR President Andrew Sarno. “A healthy local job market has continued to drive buyer demand and as a result, prices and home values remained strong for the month of January.”

Sales of detached single-family homes improved on an annual basis for an eighth consecutive month in January, and increased 17.9 percent on the January 2015 total of 717 homes sold to a new record 845 homes sold in January 2016. This sales volume surpassed the previous January record of homes sold in Greater Boston from 2005 of 816 homes sold.

Greater Boston Single-Family Market Overview

January 2015 January 2016 +/-
Closed Sales 717 845 +17.9%
Median Sales Price $485,500 $490,000 +0.9%
Days on Market Until Sale 84 73 -13.1%
New Listings 847 906 +7.0%

Condo sales saw a sharp increase on a year-to-year basis in January, with a 22.4 percent improvement from 486 units sold in January 2015 to 595 last month. This increase represents the highest total condos sold in Greater Boston since January 2007.

Greater Boston Condominium Market Overview

January 2015 January 2016 +/-
Closed Sales 486 595 +22.4%
Median Sales Price $447,000 $440,000 -1.6%
Days on Market Until Sale 59 58 -1.7%
New Listings 709 810 +14.2%

Sales prices in both markets fluctuated slightly. The condo market sales price dipped from the record-high median sales price of $447,000 in 2015 to $440,000 last month. Although this reflects a 1.6 percent decrease, last month saw the second highest median sales price in history in Greater Boston and given the increase in overall sales, reflects a higher concentration of entry-level condos sold this year.

Inventory continues to be the biggest hindrance in the Greater Boston housing market, as numbers in both markets fell last month. “We have noticed that low inventory across the board has affected some buyers, as the prevalence of multiple offer situations as well as the desire to buy now before a potential price increase has put some pressure on buyers,” added Sarno. “However, buyer motivation remains high and last month’s pending sales numbers indicate that buyers are still very active.”

More information here.

About the Greater Boston Association of Realtors: The Greater Boston Association of REALTORS® (GBAR) represents over 6,500 real estate professionals throughout the Greater Boston and Eastern Massachusetts area and is one of the local boards of the National Association of REALTORS® – the largest trade association in America. GBAR® provides professional development courses, standard forms, legal reports and updates, brokerage counseling, legislative and regulatory representation, ethics, mediation and arbitration services, as well as recognition awards.

Real Estate News: Gibson Sotheby’s International Realty Lists Largest, Privately Owned Parcel of Land in Boston

Gibson Sotheby’s International Realty is proud to announce the exclusive listing of one of the largest, privately owned parcels of land available in the city of Boston: 9 – 45 Vale Street, Fort Hill.

With a listing price of $4M, the former site of Dennison Manufacturing boasts nearly 2 acres of land- that is approximately 86,422 SF. 9-45 Vale St. is bordered by Thornton, Fulda, and Valentine Street in a mostly residential neighborhood with several city-owned lots adjacent to the property. The lot is residentially zoned making this development an incredible opportunity for an astute investor.

If the prospective investment doesn’t hook you, then the location will. Fort Hill is a neighborhood within Roxbury known for its close proximity and commute to many parts of Boston. Pressed by the lack in inventory and the surging prices in JP and the South End, buyers are starting to vie for this up-and-coming area. The residents are a mix of young professionals, students, and locals who have grown up there, and it presents a strong, connected community. With rapid appreciation, and its close proximity to the Orange Line of the MBTA, 9 – 45 Vale Street is a desirable development opportunity.

For more information call 844.667.6663 or email info@gibsonsir.com.

Sotheby’s International Realty Brand Wins ‘Best in Category’ in Franchisee Satisfaction for Ninth Consecutive Year in Franchise Business Review Awards

Gibson Sotheby’s International Realty is pleased announce that the Sotheby’s International Realty® brand won Franchise Business Review’s Best in Category for Real Estate Franchisee Satisfaction award for the ninth year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 11th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to earning the top real estate ranking, the Sotheby’s International Realty® brand also came in fourth in the overall top 50 and second among the Top 50 “Systems with 250 or more units,” which is a ranking of all franchise systems across all categories with more than 250 locations.

“We are so proud to receive this distinction for the ninth year in a row,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We are committed to always helping our network achieve greater levels of success and we are so pleased that our affiliates hold us in such high regard within the ranking system. The reason the Franchise Business Review recognition is so rewarding is because it is measured by input from our most important asset: our affiliates.”

Franchise Business Review surveyed more than 28,000 franchisees representing 339 franchise brands for the annual Franchisee Satisfaction awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year’s award winners, go to www.FBR50.com.

“Sotheby’s International Realty continues to impress with higher franchisee satisfaction scores than benchmark in every category of Franchise Business Review’s annual survey,” said Franchise Business Review president Michelle Rowan. “The brand particularly excels in ‘Training and Support,’ with an overall 31% higher satisfaction rating than benchmark.”

“This brand offers our firm the tools, resources and support we need to reach a global audience of consumers and provide our clients with the best possible service,” said Larry Rideout, Gibson Sotheby’s International Realty Owner/CEO. “We are proud to be part of this network of extraordinary professionals, and to represent this fine brand in Boston, Cambridge and the surrounding areas.”

Gibson Sotheby’s International Realty, which has offices in Boston, Cambridge and the surrounding areas offers exclusive Sotheby’s International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm’s property listings. In addition, the firm and its clients benefit from an association with the Sotheby’s auction house, which promotes real estate referral opportunities with auction house clientele. Property listings from Gibson Sotheby’s International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm’s local website, gibsonsothebysrealty.com

The Sotheby’s International Realty network currently has over 18,000 sales associates located in approximately 825 offices in 61 countries and territories worldwide. Each office is independently owned and operated. For additional information, please email info@gibsonsir.com or call 866.766.7356.

Sotheby’s International Realty News: Brand Expands Presence throughout Australian States

austrailaSotheby’s International Realty Affiliates LLC has announced the brand’s expansion into South Australia, Western Australia, Tasmania and Northern Territory. With the formation of South Australia Sotheby’s International Realty, luxury services will be offered throughout the remaining Australian states.

“Expanding across the Australian territories drives forward our commitment to providing access to the exclusive real estate services offered through the Sotheby’s International Realty® network in luxury destinations around the world,” said Philip White, president and chief executive officer of Sotheby’s International Realty Affiliates LLC. “Australia has witnessed a growing interest from international buyers and our brand presence will be further established in Australia for the ever-changing needs of homebuyers.”

Led by Principal Scott Bowie, South Australia Sotheby’s International Realty is set to see their first office in open. Adjacent to Sotheby’s Australia Auction House regional representative office in Adelaide, this office will be fully operating within the next few months. Additional offices are said to open over the next 18 months in Western Australia, Tasmania and the Northern Territory.

“The states of South Australia, Western Australia, Tasmania and Northern Territory are awakening to worldwide demand for its luxury lifestyle and residential properties,” said Bowie. “We are excited to be a part of the Sotheby’s International Realty network as we present the wineries and vineyards of South Australia, the mining mansions along the Swan River in Perth, cattle stations in the Northern Territory and the antiquity of early settlement Tasmania, to the world.”

Our network continues to grow at lengths as we have a presence in over 61 countries and territories worldwide encompassing 18,000 dedicated real estate sales associates. Here at Gibson Sotheby’s International Realty we would like to congratulate Scott Bowie, his team and the Sotheby’s brand for this significant achievement.

Take a look at our previous blogs below in order from most recent to older news to read about other grand openings to see just how far the Sotheby’s brand has come.

Source: Sotheby’s International Realty 

Featured Affiliate: Delve into the Mountains, Snow, Sun and Nature of the Principality of Andorra

Hidden away in the vastness of the old European continent are a number of small countries, packed with history, a wealth of cultural and fascinating geography.

The Principality of Andorra, a country of only 180 square miles, in the midst of Europe’s soaring Pyrenees mountains and nestled on the border between Spain and France, is a veritable jewel, ripe for discovery by those seeking a peaceful lifestyle, without renouncing any of the luxuries of modern life, far from the hurly-burly of Europe’s great capitals.

andorra-sothebys-realty-9793Listing Courtesy of Andorra Sotheby’s International Realty

A destination for the world’s best skiers, the Principality of Andorra brings together unique qualities within the context of Europe: facilities for obtaining residence, competitive tax rates, truly attractive real estate investment prices and an educational system that perfectly combines the best of Spanish, Andorran and French educational systems.

andorra-sothebys-realty-9326Listing Courtesy of Andorra Sotheby’s International Realty

To which can be added the peace and safety of the country’s towns and charming villages, a health system that is in line with European standards and an ineluctable contact with the natural world that stimulates a wide range of leisure activities, without forgetting the quality of the local gastronomic offer or the country’s architectural heritage, dating back to the Romanesque, a period that left a profound and lasting mark on the design and style of Andorran architecture.

andorra-sotheby's-realty-9878Listing Courtesy of Andorra Sotheby’s International Realty

Each of the properties for sale at Andorra Sotheby’s International Realty, part of the global Sotheby’s International Realty network, meets the requirements of purchasers that are seeking a style of luxury and comfort that is based on the warmth of traditional mountain materials, exclusiveness combined with functionality, in gated communities that offer peace and quiet, design and technology, against a backdrop of captivating panoramic views in the sublime valleys of the Principality of Andorra.

For more information, or to make one of these extraordinary homes in the Principality of Andorra your own, contact us today – 844.667.6663.

Real Estate Firm Exceeds Goals for New Cambridge Office

Gibson Sotheby’s International Realty Soars Ahead with a Team of Well-Known Agents

“We have so many reasons to be grateful. Our Cambridge team is one of them,” said Larry Rideout, CEO and Owner of Gibson Sotheby’s International Realty. His marketing team recently launched a “Thank You” ad campaign at his behest. Rideout and his business partner, Paul McGann, set audacious goals for themselves last year. In the midst of historic inventory crunch, they set their sights on Cambridge. “It was a market for which the Sotheby’s brand is a natural fit; it’s a prestigious community with an average sale price that is on the rise. But, we were going to have to do something that we hadn’t really done before,” said Rideout.

Rideout and McGann completed more than 30 acquisitions in their previous careers at Realogy, the parent company of several well-known real estate brands. So, naturally, when they launched Gibson Sotheby’s International Realty in Boston, they set out to make acquisitions a big part of their growth plan. Since November of 2006, they have acquired nine firms and have grown the company from $247 million in sales to $1.3 billion in 2015. But Cambridge was going to have to be different. “There just wasn’t the opportunity for an acquisition in Cambridge. The market was entrenched with firms who had been operating in the same way for a very long time. So, we had to build from the ground up,” said Rideout.

They secured a space on the edge of Harvard Square and set about designing a bright and modern office. Then Rideout and McGann identified key players in the market; those with excellent reputations in the industry and strong sales histories. As they met with the agents, they shared what had made Gibson Sotheby’s International Realty so successful in Boston. One-by-one, veterans of the industry with 10, 20, and 30 years of experience joined the new office — creating a virtual tidal shift in the market. The group of well-respected, high-producing agents, includes The Lauren Holleran Team, The Dino Confalone Team, Anne Fantasia, Laura Palumbo Hanson, Lisa Godwin, the Lisa May and Lindsay Allison Team, Judy Carlough, Grace Liao Tannenbaum, Lizzy Flanagan, Susan Condrick, Laura Segal, John O’Neil, Max Dublin, and Lara Gordon.

“We were bowled over by the response from the agents in Cambridge,” said McGann. “Our original goal was to have six agents in that office by the end of the year. Our amazing team grew to 20 in only seven months! We couldn’t be more thrilled.” The new recruits joined a small team of rental agents and existing Gibson Sotheby’s International Realty agents. The total sales for those agents topped $175 million in 2015. While they are among the biggest names in Cambridge real estate, they also focus on Belmont, Somerville and Watertown — key areas of recent growth.

“The inventory has been so low in these areas that the pressure is on for our agents and their clients. Our Cambridge team brings with them decades of experience. They are trusted names in their markets. The company’s job is to do all that we can to support them and their clients in new ways,” said Rideout. His leadership team has been working hand-in-hand with many of the agents, including directors of the Marketing, International Initiatives, Relocation and Productivity departments. “These agents are so very successful. I feel like, all the while we are working hard to get them to the next level, they are making us better as a firm,” said Colleen Barry, Director of Productivity. “I am inspired by them — it is a pleasure and honor to work with them every day.”

Gibson Sotheby’s International Realty is making the most of its international network. Rideout traveled to Hong Kong in October to participate in the Sotheby’s autumn sales. In November, several agents visited the Sotheby’s Auction House and several luxury properties in New York City. A strong contingent is planning to join the Global Networking Event for Sotheby’s International Realty in Las Vegas in May. “The real estate world gets smaller every day,” said Nicole Rideout, Director of Relocation and Referrals. “It is imperative that we foster strong relationships, not only domestically, but internationally. Cambridge and Boston are truly international cities, and are deserving of an international firm.”

About Gibson Sotheby’s International Realty:
Gibson Sotheby’s International Realty is Boston’s largest independent real estate company. Founded in 1962 by Betty Gibson in Boston’s South End, the firm has eight offices throughout Boston, Cambridge and the surrounding areas.  The Sotheby’s brand takes great pride in presenting to the world unique homes and their stories. Through this extraordinary network which extends to more than 60 countries and territories worldwide, Gibson Sotheby’s International Realty has access to some of the most qualified buyers in the world and provides remarkable exposure for each home.

Real Estate News: Boston Ends Year with Strong Residential Sales

The Massachusetts Association of Realtors® (MAR) reported that 2015 closed out with seven straight months of sales increases with December having the most closed sales of any December since 2004. More specifically in Boston, a healthy local job market, low mortgage rates and recent gains in household formation led to increased sales and steady price appreciation throughout the local residential housing market in December, according to data from the Greater Boston Association of REALTORS® (GBAR).

“We’ve seen a pattern over the last couple months of increased sales volume at a normally slow period of the year, which demonstrates the consumer confidence and desire for homeownership that exists in our market,” said GBAR President Andrew Sarno. “December capped off a strong 2015 sales year in Greater Boston, particularly in the single-family housing market which had a total sales increase of 7.7 percent on the previous year.”

Sales of detached single-family homes improved on an annual basis for a seventh consecutive month in December, increasing 14 percent on the December 2014 total of 1,133 homes sold to 1,292 in December 2015. This sales volume represents the highest total ever during the month of December in Greater Boston, eclipsing the previous record of 1,266 homes sold in December 2003 by 2.1 percent.

Greater Boston Single-Family Market Overview

December 2014 December 2015 +/-
Closed Sales 1,133 1.292 +14%
Median Sales Price $444,000 $465,000 +4.7%
Days on Market Until Sale 79 80 +1.3%
New Listings 603 635 +5.3%

Condo sales continued to rise on a year-to-year basis in December, with a 7.6 increase of units sold from 815 in December 2014 to 877 units sold last month. This represents the second best December condo sales total in Greater Boston, surpassed only by the 906 closed sales in December 2004.

Greater Boston Condominium Market Overview

December 2014 December 2015 +/-
Closed Sales 815 877 +7.6%
Median Sales Price $423,000 $445,000 +5.2%
Days on Market Until Sale 56 53 -5.4%
New Listings 396 463 +16.9%

As a result of the continued, healthy sales pace, median sales prices increased in both markets in December. In the single-family home market, the median sales price rose for a fifteenth consecutive month, to a new record price for the month of $465,000. Both markets saw increases in their year-end totals from the previous year, as the median selling prices of single-family homes sold increased by 3.7 percent in 2015, with an increase from $458,000 to $475,000.

“The strong job market and healthy economy in Greater Boston have continued to drive both sales and prices,” added Sarno. “Buyers continue to take advantage of the rising home values and low mortgage rates in the area. Additionally, if December’s pending sales totals are any indication, we can expect a relatively active market throughout the winter months.”

Overall in 2015, residential real estate saw advances. Supply and demand were healthy in an environment with low interest rates and improved employment. Improved inventory and affordability remain to be two driving factors as we enter 2016.

About the Greater Boston Association of Realtors: The Greater Boston Association of REALTORS® (GBAR) represents over 6,500 real estate professionals throughout the Greater Boston and Eastern Massachusetts area and is one of the local boards of the National Association of REALTORS® – the largest trade association in America. GBAR® provides professional development courses, standard forms, legal reports and updates, brokerage counseling, legislative and regulatory representation, ethics, mediation and arbitration services, as well as recognition awards.

Sources: Greater Boston Association of Realtors®, Massachusetts Association of Realtors®

Boston Real Estate News: GE Announces Temporary Boston Location

GEEarlier this month, General Electric Co. announced that it will be relocating their worldwide headquarters to the city of Boston by 2018. This movement will include roughly 800 employees and will come in multiple phases over the next two years.

The first phase will be begin this summer as GE has announced the location of its temporary headquarters at 33-41 Farnsworth Street in Boston’s Fort Point neighborhood. Fort Point, which was formerly occupied by warehouses and manufacturing firms, has undergone major transformation over the years to that of a trendy technology destination. It has yet to be confirmed, but the Seaport District was rumored to be the final location of GE’s worldwide headquarters with its temporary holding place a mere walk away.

Bullhorn, a software technology company, is the existing tenant to reside at this location. Their CEO, Art Papas, has stated that GE will be taking over the remainder of Bullhorn’s lease as of April of this year. Bullhorn is a fast-growing company that already secured plans to move their headquarters to Summer Street in the Financial District.

The deal over GE’s lease was not a typical transaction as GE directly approached the landlord to release Bullhorn from any obligations to the office and to take it over themselves instead of pursuing a sublease with Bullhorn. The contract was finalized on Friday for the temporary location and the details of the lease include 45,000 SF for $40 per SF until September 2018 when they plan to move to their official headquarters. It has not been confirmed whether GE plans on leasing additional space in the building or how long the move-in will take, but questions regarding the move will be answered at GE’s public briefing on February 18th.

Sources: Boston Business Journal – One, Two

Featured Affiliate Listing: Take a look inside Terry Bradshaw’s Hawaiian estate

Currently listed by affiliate MacArthur Sotheby’s International Realty, this Plantation-style home in the Summit section of Kohala Ranch was built in 2005 complete with panoramic views of the beautiful ocean.

In addition to luxurious craftsmanship and high-end amenities, this five bedroom home in Kamuela features a formal entry with a waterfall, two koi ponds and a lap pool.

59-1177 Kamakani Lp Kamuela, Hawaii | $2,700,000

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Find more on this luxurious home here. 

Want to enjoy warm tropical breezes in your own home? Call 844.667.6663 or visit our website: Gibson Sotheby’s International Realty for more information.

Source: sir.com

Extraordinary Rental Homes: A Feature of Listings by Gibson Sotheby’s International Realty’s Rental Division

Our dedicated rental division is one of the largest in Boston and Cambridge offering services to landlords and tenants all over the Metro Boston area. From the historic areas of Boston’s South End, Back Bay, Beacon Hill and Charlestown to the metropolitan downtown feel of the Seaport – our rental agents can assist you in every step of the process of finding your new rental home.

We have an abundant inventory of homes that span all styles, from economical studio apartments to luxury rentals in some of Boston’s finest full service buildings. In search of your new luxurious rental home? See below a feature of our very own extraordinary rental listings.

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110 Stuart Street #PH3, Back Bay | Gibson Sotheby’s International Realty

DSC_002822 Liberty – Unit 6D, Seaport District | Gibson Sotheby’s International Realty

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196 Beacon Street #1, Back Bay | Gibson Sotheby’s International Realty

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36 Garden Street, Cambridge | Gibson Sotheby’s International Realty

314 Dartmouth_018

314 Dartmouth #A, Back Bay | Gibson Sotheby’s International Realty

Do not hesitate to contact any of our dedicated rental agents today regarding the above properties and make one of these extraordinary rental homes your own. Call 617.426.6901 or visit our website: Gibson Sotheby’s International Realty for more information.

Search more rental properties here.

Real Estate News: Foreign Real Estate Investors Target Boston

Screenshot (215)According to a recent survey from the Association of Foreign Investors in Real Estate, Boston ranked in the Top 5 cities for foreign real estate investors and thus is expected to see a flood of foreign investments in 2016 .

The Seaport District (one of the fastest growing neighborhoods) and Downtown Crossing have already begun to see these investments. The Godfrey Hotel in Downtown Crossing was acquired by a German Investor and multiple office projects in the Seaport were acquired by investors in Germany and Sweden.

“It’s got all the things that they like,” said James Fetgatter, AFIRE’s CEO. “Its barrier to entry is very high. It has a vibrant urban core. It’s got the educational institutions. And for the Europeans, it looks like a European city. … That’s a subtle thing, but certainly for the Germans and the other European investors, it’s a city that they can feel comfortable in.”

Boston had not been ranked amongst the top 5 cities for the past three years the survey says. Since then, the city  has seen a heightened increase in interest over the past 2 years and is only expected to grow in the coming years.

Source: Boston Business Journal

 

 

Gibson Sotheby’s International Realty Exceeds the Billion Dollar Mark for a Third Consecutive Year

Gibson Sotheby’s International Realty, Boston’s premier luxury real estate firm, displayed
tremendous growth and achievement in 2015. In addition to adding a number of high caliber agents and opening a brand new office, the firm exceeded the incredible billion dollar sales volume closed mark for the third year in a row (source MLS).

“This achievement is an amazing feat for a company our size having to operate in a marketplace that was very light on inventory,” stated Larry Rideout, Gibson Sotheby’s International Realty’s CEO/Owner.  He noted as they move forward in this ever changing world, their continuous success is attributed to three key factors – “Momentum. Growth. Foundation.”

MOMENTUM
The quality of agents that have chosen to join Gibson Sotheby’s International Realty over the past year continue to make an impact in Boston, Cambridge and the surrounding areas. “We continuously strive to take our service to the next level.  I can say with confidence that the agents we have added over the last twelve months will represent the integrity of our brand in every facet,” noted Paul McGann, Gibson Sotheby’s International Realty’s Owner/President.

Momentum in 2015 for Gibson Sotheby’s International Realty began with the addition of one of Boston’s top producing agents Michael Carucci. Carucci consistently ranks in the top one percent in real estate sales volume for the Greater Boston Area. “The culture and best in class management is what really stood out with Gibson Sotheby’s International Realty. Ownership cares and it shows,” said Michael Carucci. “It didn’t take long to see how the Sotheby’s brand enhanced our existing established local brand. This combination brought new business we would not have otherwise received.”

GROWTH
The opening of a brand new office conveniently located on Massachusetts Avenue expanded the firm’s exposure in Cambridge. As a result, Gibson Sotheby’s International Realty recruited some of the area’s finest talent.

“It didn’t take long for me to make the decision to move our team over to help establish the Sotheby’s brand presence on this side of the Charles River,” noted Lauren Holleran. “The Sotheby’s brand and Cambridge are an incredibly natural fit for each other. In the few months since we joined, we’ve already exchanged business with other Sotheby’s International Realty offices in Dallas, San Francisco, New Delhi, and Maine – it is amazing to be part of a network recognized for the quality of the brand and the agents associated with that.”

Furthermore in Boston’s Waterfront, Gibson Sotheby’s International Realty moved into a new space at the former site of Elite Boston Landmark Realty where they acquired Toni Gilardi and her team. Toni consistently ranks as one of the top agents in the historic North End/Waterfront where she has been a community fixture for decades, thus strengthening their presence in Boston’s Waterfront.

Thrilled to be a part of the Gibson Sotheby’s International Realty family, Toni Gilardi commented. “I decided that merging with a larger firm was the right course of action after owning my own business for 31 years. I knew the Sotheby’s brand was a perfect fit and now am able to offer my clients services that I could not in the past.”

In response to rapid growth, Gibson Sotheby’s International Realty is in the process of doubling the size of their Back Bay office located at the corner of Newbury and Dartmouth Streets.

FOUNDATION
Gibson Sotheby’s International Realty is known for its culture which has consistently been that of a “family.” “All members of the Leadership team have been extremely supportive of their staff being sure to stay one step ahead of the competition,” said Cathy Marotta, a veteran that has been with the company for over 30 years. “It is truly a pleasure to work for such a well-established brand. When meeting with a potential buyer or seller I do not have to say much; the brand sells itself.”

Gibson Sotheby’s International Realty has grown significantly since joining the Sotheby’s International Realty brand. With the integration of new technology the firm will continue to see this tremendous growth throughout 2016.

About Gibson Sotheby’s International Realty:
Gibson Sotheby’s International Realty is Boston’s largest independent real estate company. Founded in 1962 by Betty Gibson in Boston’s South End, the firm has eight offices throughout Boston, Cambridge and the surrounding areas. The international network of more than 800 offices in 60 countries and territories, and the relationship with Sotheby’s auction house, as well as comprehensive online and print advertising in high profile venues, provides remarkable exposure for each home.

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