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. Realogy Corporation, one of the world s leading real estate brokerage franchiser, entered into a long-term strategic alliance with Sothebys Holdings. The agreement provided for the licensing of the Sotheby s International Realty name and the development of a full franchise system by Sotheby's International Realty Affiliates.
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