Sotheby’s International Realty Franchise FDD, Profits & Costs (2025)
Sotheby’s International Realty, established in 1976 by the esteemed Sotheby’s auction house, is a distinguished luxury real estate brand specializing in the brokerage and marketing of high-end residential properties.
The brand’s inception was rooted in extending Sotheby’s legacy of exceptional service and expertise into the real estate sector.
In February 2004, Sotheby’s International Realty entered into a strategic alliance with Realogy Holdings Corp. (now Anywhere Real Estate, Inc.), facilitating the development of a comprehensive franchise system.
This partnership enabled the brand to expand its global footprint by granting franchises to qualified brokerages and individuals. The franchisor supports its affiliates with a host of operational, marketing, recruiting, educational, and business development resources.
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Initial Investment
How much does it cost to start a Sotheby’s International Realty franchise? It costs on average between $128,000 – $512,000 to start a Sotheby’s International Realty franchised business.
This includes costs for office setup, technology infrastructure, branding materials, and initial operating expenses. The exact amount depends on various factors, including the size of the office, the location, and whether the franchisee chooses to lease or purchase the office space and necessary equipment.
| Type of Expenditure | Amount |
|---|---|
| Facility and Space Planning | $9,000 – $17,500 |
| Furnishings and Communications Equipment | $27,000 – $87,500 |
| Security and Other Deposits | $7,500 – $17,700 |
| Prepaid Business Expenses | $3,000 – $4,600 |
| Additional Funds (first 3 months) | $35,000 – $60,000 |
| Total Additional Cost for New Start-Up Office | $81,500 – $187,300 |
| Total Initial Investment for Conversion Office | $46,150 – $324,850 |
| Total Investment for New Start-Up Office | $127,650 – $512,150 |
Competitors
Below are a few Sotheby’s International Realty competitors as a comparison:
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We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Sotheby’s International Realty Franchise Disclosure Document
Frequently Asked Questions
How many Sotheby’s International Realty locations are there?
As of the latest data, Sotheby’s International Realty operates a total of 718 offices worldwide. This includes 674 franchised units and 44 company-owned locations, reinforcing its strong presence in the luxury real estate market.
What is the total investment required to open a Sotheby’s International Realty franchise?
The total investment required to open a Sotheby’s International Realty franchise ranges from $128,000 to $512,000.
What are the ongoing fees for a Sotheby’s International Realty franchise?
Sotheby’s International Realty franchisees pay a 6% royalty fee on gross commission income and a 2% advertising fee for national and regional marketing efforts.
What are the financial requirements to become a Sotheby’s International Realty franchisee?
To become a Sotheby’s International Realty franchisee, candidates are typically required to have a minimum liquid capital of $50,000 to $100,000.
Who owns Sotheby’s International Realty?
The Sotheby’s International Realty franchise is owned by Anywhere Real Estate Inc., formerly known as Realogy Holdings Corp.
Disclaimer
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