Sotheby’s International Realty Reports Increased Global Referral Sales Transactions World Wide for the First Half of 2021
10th September 2021
Sotheby’s International Realty has recently reported that the global real estate market has remained strong - with several of their affiliate offices achieving record-breaking sales volumes. This has been accomplished despite a global shortage of new properties making it to the listing market, as many people buckle down and focus on home improvements instead of moving house.
The brand did not only increase their sale transaction volumes by nearly 100% in comparison to the previous year, but they also raised their international sales by nearly 110%. All this while expanding their presence in the Middle East and the Caribbean.
“Forming part of such a prestigious global brand means that we can offer our clients a unique and versatile experience when it comes to marketing and representing their luxury properties or, finding them their perfect home,” says Director & Joint Owner, Michael Zammit.
When you choose Malta Sotheby’s International Realty as your partner in property you have the added benefit of the brand's international reach. “We offer our clients the unique opportunity to work with a global network of real estate experts that can assist them whenever and wherever they may be in the world,” continues Zammit.
The Sotheby’s International Realty brand boasts more than 24,000 experienced and knowledgeable associates, in 1000 offices across 74 countries and territories across the world. For the first half of 2021, the brand achieved a referral volume increase of more than 170% year over year. A significant amount of the referral transactions closed at USD 10 Million + while the average sale price for closed transactions through the referral system went up by 45% year on year.
“The Sotheby’s International brand is constantly innovating and revolutionising the real estate market and as Malta Sotheby’s International Realty is an affiliate, we are able to leverage the power of the brand to deliver the white-glove service our clients expect from us as leaders in an evolving market,” explains Zammit.
For many, the process of buying or selling a property abroad is a daunting prospect. One needs to consider the unique property laws and tax regulations of each country in addition to the buying and selling process, which is why the Sotheby’s International Realty Global Referral network is so successful. Clients have the convenience of approaching their local Sotheby’s International Realty office who in turn can facilitate their global property transactions.
“Clients need trusted sources to help them navigate a fast-paced and low-inventory market, making our role as their property partner that much more important. Our unique and innovative approach to real estate and our commitment to our clients and their property goals is truly what sets us apart," says Zammit.
Malta Sotheby's International Realty can assist clients in Malta to find a property on the other side of the world without the client having to travel back and forth and vice versa.
"Our responsibility as a leader in luxury property is to give our clients the peace of mind that they have a local partner looking after their property interests abroad,” concludes Zammit.
To benefit from the Malta Sotheby’s International Realty's Global Network, get in touch with us today and find your property abroad. Whether you are moving on or moving forward nothing compares to Malta Sotheby’s International Realty. Contact us on +356 2010 8077, view our website on www.maltasothebysrealty.com or visit us at our office located on the Portomaso Marina, Malta.
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