Tuesday, April 13th, 2010
PARSIPPANY, NJ and TOKYO--(Marketwire) - Sotheby's International Realty Affiliates LLC today announced the opening of Japan Sotheby's International Realty in Tokyo.

The firm, owned by Hisashi Kitami, will serve the Tokyo and Yokohama markets. Kitami has an exclusive 25-year master franchise agreement for all of Japan and plans to open additional Japan Sotheby's International Realty offices in key markets across the country over the next several years.

"Tokyo and Yokohama are critical in our growth plans for Japan," said Michael R. Good, chief executive officer, Sotheby's International Realty Affiliates LLC. "I am confident that under Hisashi Kitami's leadership, the company will bring quality service to Sotheby's International Realty® clients worldwide."

Kitami believes the new company fulfills Japan's need for a strong global real estate presence. "Japan Sotheby's International Realty will open a new door in Japan's global luxury real estate market," said Kitami. "A luxury real estate brokerage company with a strong international network of hundreds of offices and thousands of sales professionals worldwide is unprecedented here. This exclusive network allows us to ensure customer satisfaction by assisting each client in marketing their properties at both the local and global levels using state-of-art technologies, innovative ideas and exceptional personal service by our internationally trained staff."

The Sotheby's International Realty network currently has more than 10,600 sales associates located in more than 500 offices in 38 countries and territories worldwide. Japan Sotheby's International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and widened exposure generated from this source, the company's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs.

Japan Sotheby's International Realty will provide service and expertise to clients throughout the most prestigious areas of Tokyo and Yokahama. The office is located at 2-5-1 17FL. Atago Minato-ku, Tokyo, 105-6290, Japan.

Contact Profile

Sotheby's International Realty Affiliates LLC

Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby's International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby's, the operator of the auction house. The agreement provided for the licensing of the Sotheby's International Realty name and the development of a full franchise system by Realogy's subsidiary, Sotheby's International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby's International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby's auction house, established in 1744.
David Russell
P: +44208 123 1985
W: www.sothebysrealty.com

Yukiko Takano

P: +81 (45) 671-111


sotherby, tokyo, japan, international realty



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