PACIFIC GROVE, CA, December 3, 2013 – Sotheby's International Realty, Inc., a leading residential real estate brokerage firm representing fine properties in some of the nation's most sought-after markets, announced today that it has acquired the assets of Bratty & Bluhm Real Estate in Pacific Grove. The firm will now operate as Sotheby's International Realty.
Under the leadership of husband and wife team Bill and Helen Bluhm, Bratty & Bluhm Real Estate has provided professional real estate services to the local community since 1956. The Bluhms will join Sotheby's International Realty as sales associates.
"Bratty & Bluhm Real Estate has long been respected in Pacific Grove as a premier boutique real estate brokerage firm and it is an ideal fit for our organization," said Frank Symons, executive vice president and chief operating officer of Sotheby's International Realty's Western Region. "Their agents are deeply invested in Pacific Grove, Pebble Beach and along the Monterey Peninsula. They have lived and worked in these communities for decades, and we are proud to have them join our company. At the same time, we are excited to provide them with new marketing platforms that will help expose their listings to the world through the Sotheby's International Realty brand."
The acquisition will broaden Sotheby's International Realty's existing local operations along the Monterey Peninsula. Bratty & Bluhm Real Estate's 17 sales associates will join Sotheby's International Realty's team of 123 sales associates in the company's three Monterey Peninsula offices. The combined offices from both companies represented more than $567 million in sales volume in the last 12 months.
"Sotheby's International Realty is recognized globally as a leader in luxury real estate services," said Bill Bluhm. "Their network of more than 13,000 sales associates, relationship with the esteemed Sotheby's auction house and state-of-the-art marketing systems will create even more opportunities for our agents to succeed. Moving forward with such a strong local Sotheby's International Realty brokerage operation offers our associates and clients the best of both worlds: a team of local experts focused on providing white-glove service with the strength and reach of an international marketing organization."
About Sotheby's International Realty, Inc.
Sotheby's International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby's auction house and represents fine properties at a range of price points. Today, Sotheby's International Realty, Inc. operates brokerage offices in key metropolitan and resort markets, including San Francisco, Sonoma, Beverly Hills, Brentwood, Malibu, Pasadena, Santa Barbara, and Carmel, CA; Santa Fe, NM; Greenwich, CT; Manhattan and the Hamptons, NY; Cape Cod, MA; and Palm Beach, FL.
Sotheby's International Realty, Inc. (www.sothebyshomes.com) is part of NRT LLC, the nation's largest residential real estate brokerage company, and a member of the Sotheby's International Realty® network, which currently has approximately 13,000 sales associates and 660 offices located in 49 countries and territories worldwide. NRT, a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), operates Realogy's company-owned real estate brokerage offices.