David Ogilvy is shuttering his 34-year eponymously named brokerage David Ogilvy and Associates and bringing his team to Sotheby’s International Realty’s Greenwich, Connecticut, office. 

David Ogilvy is shuttering his 34-year-old eponymously named brokerage, David Ogilvy and Associates, and bringing his team to Sotheby’s International Realty in Greenwich, Connecticut.

In the pricy New York City suburb of Greenwich, Ogilvy has sold in excess of $2 billion, closing more than 370 properties including what was once the largest single-family home sale in the nation, the $120 million Cooper Beach Farm.

In the current climate, a number of indie brokerages are either selling to bigger brokerage companies or closing. Last year, Nick Segal, former president of Pacific Union International’s Southern California division, told Inman that indie brokerages are facing “a very difficult time.”

“I think you see a lot of that, and it’s probably part of the reason for it, but what it really is, is my attraction, of what a great job Sotheby’s is doing,” Ogilvy told Inman. “This is a really important time here and I realize the amount of effort it takes to make a company as good as this and so it just looked like a logical place to be.”

Ogilvy pointed specifically to the collegial, “family-like” atmosphere of the Sotheby’s International Realty Office – which is not an independent franchise, but part of parent company Realogy’s company-owned brokerage portfolio. He also pointed to the brand’s legacy in the industry, global network and ability to maximize exposure on his listings.

“I have closely observed the company as a competing brokerage for some time and, for me, there was no other choice when making the decision to focus on my future as an agent,” Ogilvy said.

For Sotheby’s International Realty, the move brings a 40-year veteran and his team of eight agents into the fold. The team is also bringing 28 listings valued at $138 million.

“[Ogilvy’s] reputation proceeds him,” Pam Pagnani, vice president and brokerage manager of Sotheby’s International Realty – Greenwich said in a statement. “He has worked in this business and been someone everyone loves, admires and respects.”

Pagnani said agents in her office were already very familiar with Ogilvy, who often competed with Sotheby’s for listings or working alongside her agents on separate ends of the transaction.

“We have always cooperated well together,” Pagnani said. “Some of the biggest deals done in this town have been done with our office and David’s office working together. We have already been in the trenches with them.”

Email Patrick Kearns

How do you stay ahead in a changing market? Inman Connect Las Vegas — featuring 250+ experts from across the industry sharing insight and tactics to navigate threat and seize opportunity in tomorrow’s real estate market. Join more than 4,000 top producers, brokers and industry leaders to network and discover what’s next, July 23-26 at the Aria Resort. Hurry! Tickets are going fast, register today!

Thinking of bringing your team? There are special onsite perks and discounts when you buy tickets together. Contact us to find out more.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×