Realtor | Corey Dwan

Leading Arizona Firm Joins Sotheby’s International Realty® Network

PARSIPPANY, N.J. (Oct. 25, 2007) – Sotheby’s International Realty Affiliates LLC today announced that The Equitable Real Estate Company in Scottsdale, Ariz., has joined its luxury real estate network.

The firm, which brings four offices across Arizona to the network, is owned by John N. Vatistas and now will do business as Equitable Sotheby’s International Realty. Dominic Scappaticci will serve as the firm’s chief executive officer and designated broker.

“John and Dominic have built a firm with a solid reputation for quality and commitment to its valued clients,” said Michael R. Good, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “The firm has established a successful, team-oriented culture among its experienced sales associates that allows them to better serve consumers in their market.”

Vatistas believes his firm shares the same values and high standards as the Sotheby’s International Realty brand. “Joining the Sotheby’s International Realty brand is consistent with our promise of sophistication, professionalism, results and a global reach for our clients,” said Vatistas. “We now offer superior service, technology, marketing muscle, and brand power for homebuyers and sellers in our markets. Consumers are demanding a better real estate experience and we’re going to be the company that delivers it.”

The Sotheby’s International Realty network has more than 8,500 sales associates located in more than 450 offices in the U.S. and 27 other countries and territories. Equitable Sotheby’s International Realty listings will be marketed on the sothebysrealty.com global Web site. In addition to the referral opportunities and great exposure generated from these sources, the firm will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.

Equitable Sotheby’s International Realty’s 278 sales associates provide their service and expertise to clients in Scottsdale, Paradise Valley, Phoenix, Carefree, Cave Creek, Fountain Hills, Sedona and Flagstaff. The main office is located at 21040 N. Pima Road, Scottsdale, Ariz., and the phone number is (480) 287-5200.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s Holdings, Inc. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.