Sotheby’s International Realty Expands into Nicaragua

MADISON, N.J. and EMERALD COAST, NICARAGUA (April 29, 2016) – Sotheby’s International Realty Affiliates LLC today announced the brand’s expansion into Nicaragua with the opening of Nicaragua Sotheby’s International Realty.

Nicaragua Sotheby’s International Realty is owned by Emerald Coast Realty. Led by Managing Partner Trevor Barran, Nicaragua Sotheby’s International Realty will serve the luxury real estate market throughout the country.

“With its uniquely beautiful landscape, Nicaragua is emerging as a robust destination for luxury real estate,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The Nicaragua Sotheby’s International Realty team has successfully developed and sold luxury properties in New York, Miami and around Latin America and are passionate and knowledgeable about the Nicaraguan real estate market. We are proud to welcome them to our global network.”

“We are excited to represent the Sotheby’s International Realty® brand in Nicaragua and are committed to providing an unrivaled level of service to our clients,” said Barran. “This affiliation strategically positions us for continued growth in this emerging market. We believe in the long-term potential of Nicaragua and are invested in its success.”

The Sotheby’s International Realty network currently has more than 18,800 affiliated independent sales associates located in approximately 835 offices in 63 countries and territories worldwide. Nicaragua Sotheby’s International Realty listings will be 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 the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs. Each office is independently owned and operated.