Sotheby’s International Realty
We provide residential real estate brokerage services through Sotheby’s International Realty offices in high-value markets across the United States and internationally. Our business is focused on buyers and sellers of higher-end homes, and in some markets we also support authorized commercial services and approved auction business. We operate from office locations that use the Sotheby’s International Realty name and a branded system built around marketing, lead management, broker communications, education, and business support. Our offices are typically established in markets where home prices are above the national average, and many are conversions of existing brokerages. We help local real estate professionals deliver a premium brand experience backed by shared tools, advertising, and support resources.
Your franchise match score
Real Estate
Brand highlights
- CEOPhilip A. White, Jr.
- Headquarters175 Park Avenue, Madison, NJ, 07940
- Year founded2004
- Year started franchising2004
- IndustryReal Estate
- Locations open710 (+22 last three years)
Statistics & metrics
- Investment range$46,150 - $324,850
- Franchise fee$25,000
- Royalty6% of “Gross Revenue”
- Brand fund2% of Gross Revenue monthly with a minimum of $723 and a maximum of $3,045 per office per month as of January 1, 2025
- Required Liquid Capital$50,000
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2025-03-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Sotheby’s International Realty, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Sotheby’s International Realty franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Sotheby’s International Realty franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Sotheby’s International Realty franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Sotheby’s International Realty. | |
| Financial Performance Representations | Review any financial performance information Sotheby’s International Realty provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 710 |
| Franchise locations | 666 |
| Corporate locations | 44 |
System growth over time
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