Sotheby’s International Realty Affiliates LLC has reported that in 2018 its affiliated brokers and sales professionals achieved more than $112 billion USD in global sales volume, the highest annual sales volume performance in the history of the brand. Additionally, 27 affiliated companies surpassed $1 billion USD in sales volume in 2018.

“Experts predicted that 2018 would be a slow year for the global real estate market,” said Philip White, President and CEO. “Despite the forecast, our talented affiliated companies and their sales associates continued to perform at the top of their game to drive a year-over- year sales volume increase that is truly remarkable. We are going to keep the momentum going in 2019 and we will continue to empower the Sotheby’s International Realty network by offering innovative products, tools, and research to provide best in class service.”

Sotheby’s International Realty also reported growth across its global network, with more than 990 offices in 72 countries and territories and more than 22,500 affiliated sales associates worldwide.

In the United States, the Sotheby’s International Realty brand achieved more than $100 billion USD in sales volume in 2018.

Outside the United States the brand achieved $12 billion USD in sales volume while expanding its European sector in Spain, Germany, Austria, Switzerland and Slovakia. The brand also sold the rights to the Cyprus.