The summer of 2017 brought a great deal of growth for ONE Sotheby’s International Realty. With a total of 3 acquisitions, 4 new office locations and over 200 new real estate experts, we experienced our fastest and most robust growth to date. We are incredibly proud to not only expand our territory but also continue to grow with the best in the industry.
Turnberry International Realty Acquisition
In June of 2017, ONE Sotheby’s International Realty acquired Turnberry International Realty, the Aventura-based company owned by George Perez, and led by Managing Broker Seth Kaufman. This addition marked the 11th office for ONE Sotheby’s and will also be extended to Turnberry’s Kiosk at Aventura Mall and its 100 agents.
Seth Kaufman, will continue to lead the Aventura Office as ONE SIR’s newest managing broker while George Perez will serve as business development consultant.
With more than 30 years of experience under Perez’s leadership, Turnberry has produced more than $500 million in sales revenue. Now they will be part of Sotheby’s global network that encompasses more than 20,000 real estate savvy professionals in 66 countries worldwide, and growing.
ONE Sotheby’s President, Daniel de la Vega, stated the purchase is not only a great opportunity to expand into Aventura, but also makes ONE SIR the largest brokerage firm in the area in terms of market share and volume sales.
One Miami Group Acquisition
To further solidify our presence in Aventura, a second Aventura-based firm was acquired in July of 2017. One Miami Group Brokers added 50 additional associates to the ONE SIR team including Consuelo Vilar, Richard Toledano and Ivette Toledano, owners of One Miami Group Brokers who will also join ONE Sotheby’s.
The Aventura firm closed more than $150 million in sales last years, and its agents will now focus on selling pre-construction developments such as Turnberry Ocean Club and Fairchild Coconut Grove.
Coastal Sotheby’s International Realty Merger
ONE SIR absorbed Coastal SIR’s 65 agents and three offices into its daily operations; however, Kelly Martin, current Managing Broker for Coastal SIR, will continue leading them.
With $125 Million in sales volume year-to-date, Coastal SIR’s marketing and sales efforts extend to Jupiter, Jupiter Island, Juno Beach, Palm Beach Gardens, Palm City, North Palm Beach, Royal Palm Beach, Singer Island, Tequesta, West Palm Beach, Hobe Sound, Stuart, Jensen Beach and Hutchinson Island.
One Sotheby’s President, Daniel de la Vega, feels this merge is a great opportunity to strengthen ONE SIR’s market share in the north not only because Coastal SIR shares the same culture and identity, but also, because their focus on the quality, rather than quantity, which sets the ONE Sotheby’s brand apart.