{"id":11746,"date":"2023-03-30T14:00:00","date_gmt":"2023-03-30T18:00:00","guid":{"rendered":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/sothebys-international-realty-opens-first-affiliated-office-in-saudi-arabia\/"},"modified":"2025-04-30T17:19:24","modified_gmt":"2025-04-30T17:19:24","slug":"sothebys-international-realty-opens-first-affiliated-office-in-saudi-arabia","status":"publish","type":"post","link":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/sothebys-international-realty-opens-first-affiliated-office-in-saudi-arabia\/","title":{"rendered":"Sotheby&#8217;s International Realty Opens First Affiliated Office in Saudi Arabia"},"content":{"rendered":"<style type=\"text\/css\">\n<p>\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}<\/p>\n<\/style>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">NEW YORK<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">March 30, 2023<\/span><\/span> \/PRNewswire\/ &#8212; Sotheby&#8217;s International Realty today announced the opening of Saudi Arabia Sotheby&#8217;s International Realty, signifying the brand&#8217;s seventh affiliated office in the <span class=\"xn-location\">Middle East<\/span> and its 227<sup>th<\/sup> office in the EMEIA region. The company is headquartered in the&nbsp;Al Faisaliah Tower in the city of <span class=\"xn-location\">Riyadh<\/span> and will service the entire country.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/452508\/SOTHEBYS_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/452508\/SOTHEBYS_Logo.jpg\" title=\"Sotheby's International Realty logo. (PRNewsFoto\/Sotheby's International Realty) (PRNewsfoto\/Sotheby's International Realty)\" alt=\"Sotheby's International Realty logo. (PRNewsFoto\/Sotheby's International Realty) (PRNewsfoto\/Sotheby's International Realty)\"\/><br \/>\n                        <\/a>\n                <\/p>\n<\/p><\/div>\n<p>Saudi Arabia Sotheby&#8217;s International Realty is headed by <span class=\"xn-person\">George Azar<\/span> who brings more than 15 years of real estate experience to the company. An international businessman, Azar is also CEO and Owner of Luxhabitat Sotheby&#8217;s International Realty in <span class=\"xn-location\">Dubai<\/span> and United Kingdom Sotheby&#8217;s International Realty.<\/p>\n<p>&quot;<span class=\"xn-location\">Saudi Arabia<\/span> is seeing an increase of major development projects, including luxury branded residences, internationally recognized hospitality resorts, and exclusive residential projects,&quot; said <span class=\"xn-person\">Philip White<\/span>, president and CEO of Sotheby&#8217;s International Realty. &quot;I look forward to supporting George and the entire Saudi Arabia Sotheby&#8217;s International Realty team.&quot;<\/p>\n<p>&quot;We are thrilled to align with Sotheby&#8217;s International Realty as their international expertise and experience in working with high-end listings pairs well with our business,&quot; said Azar. &quot;We are seeing increased demand for luxury properties and development projects and our affiliation with Sotheby&#8217;s International Realty enables us to meet this demand.&quot;<\/p>\n<p>The company&#8217;s office and retail space will handle all luxury real estate needs, from buying and selling to managing exciting development projects across all the major cities of the <span class=\"xn-location\">Kingdom of Saudi Arabia<\/span> and along the Red Sea.<\/p>\n<p>The Sotheby&#8217;s International Realty&reg; network currently has more than 26,000 affiliated independent sales associates located in 1,075 offices in 81 countries and territories worldwide. Saudi Arabia Sotheby&#8217;s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm&#8217;s brokers and clients will benefit from an association with Sotheby&#8217;s auction house and worldwide <i>Sotheby&#8217;s International Realty<\/i> marketing programs. Each office is independently owned and operated.<\/p>\n<p><b>Sotheby&#8217;s International Realty <\/b><\/p>\n<p>Sotheby&#8217;s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby&#8217;s auction house. Today, the company&#8217;s global footprint spans 1,075 offices located in 81 countries and territories worldwide, including 50 company-owned brokerage offices in key metropolitan and resort markets. In <span class=\"xn-chron\">February 2004<\/span>, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby&#8217;s, the operator of the auction house. The agreement provided for the licensing of the Sotheby&#8217;s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby&#8217;s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby&#8217;s auction house, established in 1744. For more information, visit <u><a href=\"http:\/\/www.sothebysrealty.com\" rel=\"nofollow\">www.sothebysrealty.com<\/a><\/u>.&nbsp;<\/p>\n<p>The affiliate network is operated by Sotheby&#8217;s International Realty Affiliates LLC, and the company owned brokerages are operated by Sotheby&#8217;s International Realty, Inc.&nbsp; Both entities are subsidiaries of Anywhere Real Estate Inc. (NYSE: HOUS) a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. Both Sotheby&#8217;s International Realty Affiliates LLC and Sotheby&#8217;s International Realty, Inc. fully support the principles of the Fair Housing Act and the Equal Opportunity Act.<\/p>\n<p>Contact<br \/><span class=\"xn-person\">Melissa Couch<\/span><br \/>Senior Manager of PR and Communications<br \/><a href=\"mailto:melissa.couch@sothebys.realty\" target=\"_blank\" rel=\"nofollow noopener\">melissa.couch@sothebys.realty<\/a>&nbsp;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p>SOURCE  Sotheby&#8217;s International Realty<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY57400&amp;Transmission_Id=202303301000PR_NEWS_USPR_____NY57400&amp;DateId=20230330\" style=\"border:0px; width:1px; height:1px;\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, March 30, 2023 \/PRNewswire\/ &#8212; Sotheby&#8217;s International Realty today announced the opening of Saudi Arabia Sotheby&#8217;s International Realty, signifying the brand&#8217;s seventh affiliated office in the Middle East and its 227th office in the EMEIA region. The company is headquartered in the&nbsp;Al Faisaliah Tower in the city of Riyadh and will service the [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"wds_primary_category":0,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-11746","post","type-post","status-publish","format-standard","hentry","category-sothebys-international-realty"],"_links":{"self":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/comments?post=11746"}],"version-history":[{"count":1,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11746\/revisions"}],"predecessor-version":[{"id":15292,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/posts\/11746\/revisions\/15292"}],"wp:attachment":[{"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/media?parent=11746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/categories?post=11746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev.wordpress.realogydev.com\/anywherere\/wp-json\/wp\/v2\/tags?post=11746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}