From left: Philip A. White, Jr., President & CEO of Sotheby's International Realty; Joe Bernardo, Senior Vice President of Sotheby's International Realty; Colleen Barry, CEO of Gibson Sotheby's International Realty; Debi Benoit, Principal of Benoit Mizner Simon & Co.; Larry Rideout, Chairman & Co-Owner of Gibson Sotheby's International Realty; Amy Mizner, Principal of Benoit Mizner Simon &. Co.; Paul McGann, President & Co-Owner of Gibson Sotheby's International Realty; Sheryl Simon, Principal of Benoit Mizner Simon & Co.
BOSTON, MA(January 15, 2020) Gibson Sothebys International Realty has announced further expansion into the Boston MetroWest residential real estate marketplace with the acquisition of Benoit Mizner Simon & Co., a firm with nearly 80 sales professionals and offices in Wellesley, Weston, Needham, and Sudbury, Massachusetts. Benoit Mizner Simon & Co.s offices and talent are the latest additions to Gibson Sothebys International Realtys unified network of associates serving Boston, Greater Boston, the North Shore, the South Shore, and Cape Cod.
As always, our strategy is to unite with organizations that fit our growth trajectory, feed one another, and, most importantly, mirror our collaborative culture and superior level of agent support, said Larry Rideout, Chairman & Co-Owner of Gibson Sothebys International Realty.
The professionals at Benoit Mizner Simon & Co. are deeply entrenched in their communities and therefore are masters at serving the needs of their discerning clientele. We are thrilled to welcome them to our family.
Founded in 2010 by Principals Debi Benoit, Amy Mizner, and Sheryl Simon, Benoit Mizner Simon & Co. specializes in luxury properties across Dover, Natick, Needham, Sudbury, Wayland, Wellesley, Weston, and Westwood. With the addition of Benoit Mizner Simon & Co., which has achieved more than $4 billion in sales revenue since its inception, Gibson Sothebys International Realty increases market share in the residential luxury, new construction, and land development sectors throughout the MetroWest region.
For a locally-rooted company, Gibson Sothebys International Realtys reach is truly global, said Debi Benoit, Principal of Benoit Mizner Simon & Co. Combining our esteemed local reputation with Gibson Sothebys International Realtys access to international markets will ensure the properties we represent receive the extensive exposure they deserve. Gibson Sothebys International Realty brings unrivaled global connections, while we bring a premier reputation in the MetroWest communitiesa winning combination for us all".
This is a joining of forces between two luxury, highly-profitable companies that are leaders in their markets, marking a significant moment for Gibson Sothebys International Realty and our strengthened presence in Eastern Massachusetts, said Paul McGann, President & Co-Owner of Gibson Sothebys International Realty. We are pleased to combine the resources and market share of our companies to drive the success of our associates.
For Benoit Mizner Simon & Co.s sales professionals, Gibson Sothebys International Realty will implement its cutting-edge tools and practices, includinginnovative and strategic marketing programs, a global referral network, and an exclusive technology suite, offering sales associates a distinctive and competitive edge in the market. Although Sotheby's International Realty is associated with the venerableLondonauction house and is a luxury brand, its name recognition, trusted reputation, and marketing and relocation resources benefit buyers and sellers at every price point.
By investing in a collaborative workplace culture, Larry and Paul have built a brokerage that is indispensable to their agents, said Amy Mizner, Principal of Benoit Mizner Simon & Co. The panache the Sothebys International Realty name carries will support our efforts to grow our footprint in the Metro West region and further propel the careers of our associates, who equally value authentic, relationship-based connection.
We are proud to join powerhouse Gibson Sothebys International Realty so our associates can benefit from their Boston heritage and relationships with real estate professionals worldwide, said Sheryl Simon, Principal of Benoit Mizner Simon & Co. We look forward to accessing the most qualified buyers in the world, whether they are local to Massachusetts, relocating from another state or country, or based overseas and looking to invest in the markets we serve. It is with great excitement and pride that Debi, Amy, and I embark on this next chapter.
About Gibson Sothebys International Realty
Since 1962, Gibson Sothebys International Realtys unique approach of combining local leadership with a global brand has been highly effective throughout Massachusetts. Under Co-Owners Larry Rideout and Paul McGanns leadership for over a decade, the firm has grown exponentially and has cultivated an agent-focused and technology-driven culture. In 2019, REAL Trends, the trusted source for news and research for the real estate brokerage industry, recognized Gibson Sothebys International Realty as the #1 Massachusetts-based firm by sales volume and average sales price, and the #11 Sothebys International Realtyaffiliate in the country by sales volume. Through its affiliation with the Sothebys International Realty network, Gibson Sotheby's International Realty offersunrivaled access to properties for sale around the world, as well as access tobuyers and sellers from well beyond its local markets.Today, Gibson Sothebys International Realty is Bostons largest independently-owned and operated real estate firm, made up of seventeen offices across Eastern Massachusetts, while Sotheby's International Realty's global footprint spans approximately 1,000 offices in 71 countries and territories worldwide.