Question 1

How many Sotheby's International Realty franchise locations are there?

Accepted Answer

Sotheby's International Realty currently has 710 total units, including 666 franchised locations and 44 company-owned locations.

Question 2

Is the Sotheby's International Realty franchise system growing or shrinking?

Accepted Answer

Sotheby's International Realty has experienced negative net growth of -1.1% over the past year, with a 3-year compound annual growth rate (CAGR) of +0.1%.

Question 3

What is the franchise vs. company-owned ratio for Sotheby's International Realty?

Accepted Answer

Sotheby's International Realty has a franchise ratio of 94%, meaning 94% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Sotheby's International Realty franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Sotheby's International Realty had 18 units opened and 25 units closed.