Industry NewsInternational

Sotheby’s realty franchise grows in U.K.

Countrywide will have exclusive license for at least 25 years
Published on Mar 12, 2010

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British real estate company Countrywide has signed an exclusive 25-year licensing agreement with Sotheby's International Realty for master franchise rights in the United Kingdom and Channel Islands, the luxury real estate network announced this week.

"This is a major step forward in our worldwide growth plan," said Michael R. Good, president and CEO of Sotheby's International Realty Affiliates LLC, in a statement. "This agreement will enable the Sotheby's International Realty brand to expand si