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JAM | Nov 6, 2021

Sotheby’s in Jamaica to bring value, excitement to local real estate market

/ Our Today

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New office marks brand’s continued growth in the Caribbean

Sotheby’s International Realty has announced that Reside Realty has joined the network and will now operate as Jamaica Sotheby’s International Realty.

The addition marks the brand’s continued growth in the Caribbean and comes at a time of increased interest in secondary and resort markets.

The addition of the Jamaica office follows the brand’s recent expansion into St Kitts & Nevis and marks its 30th affiliated office in the Caribbean. 

Jamaica Sotheby’s International Realty is owned and operated by Julian Dixon and Alexander Melville, who bring a collective 27 years of experience to the company.

The office will be headquartered in Kingston and will service, in particular, St Andrew, Montego Bay in St James and Ocho Rios in St Ann.

Positive outlook of Sotheby’s International Realty coming to Jamaica

Commenting on the move to expand to Jamaica, Philip White, president and CEO of Sotheby’s International Realty,  explained that, “Jamaica offers a diverse luxury lifestyle which appeals to a wide variety of buyers”.

White added: “In recent years, closed transactions have seen steady growth and new construction is booming on the island.” 

Philip White, president and CEO of Sotheby’s International Realty.

Continuing, White said the Jamaican market has historically appreciated year-after-year with interest from domestic and international interest in North America, Europe, Canada, and most recently the Middle East, motivated by the island’s many opportunities and its tourism sector.

“I want to welcome Julian and her team to the network and look forward to working together to support the island. Jamaica is famous for the tag line ‘no problem’ and this is true of the culture and lifestyle,” he said.

For her part, Dixon said: “I have always admired the Sotheby’s International Realty brand and their philosophy towards client satisfaction connects with our culture and mission. The island offers promise to buyers seeking opportunities through business ventures, vacation homes, retirement, and income-earning properties.” 

Continuing Dixon remarked: “Our affiliation with Sotheby’s International Realty will be the first of its kind on the island and will bring value, excitement, and global recognition to our market. The office currently has several sales associates supporting the island with plans for continued growth.”

 Julian Dixon, CEO of Jamaica Sotheby’s International Realty.

The Sotheby’s International Realty network currently has more than 24,000 affiliated independent sales associates located in approximately 1,000 offices in 75 countries and territories worldwide.

Jamaica Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. 

In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programmes.

Each office is independently owned and operated. Sotheby’s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby’s auction house.

Today, the company’s global footprint spans approximately 1,000 offices located in 75 countries and territories worldwide, including 45 company-owned brokerage offices in key metropolitan and resort markets. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744.

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