Sotheby's International Realty

  www.sothebysrealty.com
  www.sothebysrealty.com
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1 person found this helpful  

Life at Sotheby's

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Anonymous Employee
Former Employee - Anonymous Employee

I worked at Sotheby's International Realty for more than 3 years

Pros

A more sophisticated group of people typically than the regular realty company. Some offices are more fun, particularly the Sunset Office in LA were I worked. A great brand name that clients respond to. Work the brand. There are some great interesting people there.

Cons

The owners NRT and their management group are very, very bottom line. They really don't give a lot of promotional support besides their brand name and are frankly "cheap." It's very cost analysis-- Business School type of operation based in New Jersey. All the different groups that I worked with had been apart of very special, luxury community based agencies and the owners were really disappointed when they finally realized who they had been corporatized-- no trips to Hawaii or New York for the star employees. The support staff's salaries were often cut, bonuses eliminated since they knew they could get someone who had enough money but wanted to work for Sotheby's.

Advice to ManagementAdvice

The head of the local office has to realize that they will eventually be done in if they only cater to NRT and the corporate headquarters. The agents will either leave-- the kiss of death for the head of any local realty office or they will be shunned. I have seen this happen more than once. Corporate generally tries to place someone who they can control, replacing sometimes visionary, charismatic leadership that had a real influence in the community. Unless you are planning on moving out of town after finish your tenure at a local office-- your real loyalty should be with your agents.

Recommends
Neutral Outlook
No opinion of CEO

38 Other Employee Reviews for Sotheby's International Realty (View Most Recent)

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  1. 1 person found this helpful  

    Management and agents are fake and dishonest.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Marketing Coordinator
    Former Employee - Marketing Coordinator

    I worked at Sotheby's International Realty

    Pros

    Salary was decent and the benefits were good.

    Cons

    Unprofessional and judgmental. And the agents have way too much power over what goes on in management.

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful  

    Sotheby's is like any large franchise conglomerate, but they do have an emphasis on the luxury market.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Realtor
    Former Employee - Realtor

    I worked at Sotheby's International Realty

    Pros

    Very creative corporate marketing department with an emphasis on quality.

    Cons

    For obvious reasons, communication is slow to trickle from the top, and often not sensitive to local markets.

    Advice to ManagementAdvice

    Probably should divide different markets by pricepoint and then market accordingly. Also floortime leads should go to the floor person, not the liisting agent. This is the Brokers decision, I believe, so check before you leap, otherwise your just babysitting someone elses listing.

    Recommends
    Approves of CEO
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