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In February 2004, Sotheby’s entered into a long-term strategic alliance with real estate services provider Realogy Holdings Corp., now Anywhere Real Estate, Inc. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system. Franchises in the system are granted to ...
Anywhere Real Estate Inc., formerly Realogy (/ ˈ r iː l ə dʒ i /), is an American publicly traded real estate services company. It owns and franchises several real estate brands and brokerages, and offers consumer programs, lead generation, relocation, and title settlement services. [2]: 5–6
In February 2004, Realogy Holdings (NYSE: RLGY), a real estate franchising and provider of real estate brokerage entered into a long-term alliance with Sotheby's, the operator of the Auction House. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system.
Christie's International Real Estate is an international network of independently owned luxury real estate firms with more than 400 offices and approximately 10,000 real estate agents in nearly 50 countries and territories around the world. The brand is separately owned but strategically partnered with Christie’s, the fine art auction house.
Concierge Auctions is a residential real estate company based in New York and Texas. It auctions properties to the highest bidder. [2] In November 2021, Concierge Auctions was acquired by Sotheby’s and Realogy Holdings Corp. [3] The company rebranded to Sotheby’s Concierge Auctions. [4]
A franchise fee is a fee or charge that one party, the franchisee, pays another party, the franchisor, for the right to enter in a franchise agreement. Generally by paying the franchise fee a franchisee receives the rights to sell goods or services, under the franchisor's trademarks , as well as access to the franchisor's business processes.
A request for quotation (RfQ) is a business process in which a company or public entity requests a quote from a supplier for the purchase of specific products or services. RfQ generally means the same thing as Call for bids (CfB) and Invitation for bid (IfB). [1] An RfQ typically involves more than the price per item.
A franchise disclosure document (FDD) is a legal document which is presented to prospective buyers of franchises in the pre-sale disclosure process in the United States.It was originally known as the Uniform Franchise Offering Circular (UFOC) (or uniform franchise disclosure document), prior to revisions made by the Federal Trade Commission in July 2007.