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Since 1744, Sotheby’s has been serving the needs of its distinguished international clients as one of the world’s oldest and largest auction houses. Originally established in 1976 as a logical extension of Sotheby’s fine art services, Sotheby's has since then developed into one of the world’s leading companies for the sale of luxury properties, comprising nowadays more than 450 offices worldwide. |
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In 2004, Sotheby's and Cendant corporation (now: Realogy), the world's leading provider of real estate services, entered into a comprehensive strategic alliance. According to the terms of a long - term cooperation - and License agreement, Cendant acquired a license for the use of the Sotheby's - brand, and agreed to develop a distinguished franchise system for Sotheby's. As a result, Sotheby's has experienced an unparalleled growth over the past years, establishing quality representation and - services across the globe.
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| However, this long-term license and cooperation agreement also provides for the preservation of the reputation and integrity of the Sotheby's brand by ensuring that the operation of the Sotheby's network is effectuated only be seasoned professionals that are leaders in their local market. The master franchise for two of Europe’s most important luxury real estate markets, the countries of France and Monaco, has been awarded to Alexander V. G. Kraft, a seasoned executive of the Sotheby's organisation who had been responsible for the establishment and management of Sotheby’s International Realty’s international network in more than 20 countries with more than 65 offices as its European Regional Manager and Executive Vice President. |
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Sotheby’s International Realty France operates nowadays more than 35 offices in some of the country’s most important markets, and expects to establish of total of approx. 50 offices across the nation. Sotheby’s International Realty France is only represented by carefully chosen companies replying to strict selection criteria that have already established a reputation of excellence in their local market and demonstrated their dedication to customer service, professionalism and know-how. |
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