Sotheby’s International Realty® received the highest numerical score in the proprietary Lifestory Research 2017 America’s Most Trusted® Residential Real Estate Brokerage study.*
Quarter over quarter, Mott & Chace Sotheby’s International Realty represented more clients in the top ten sales in Rhode Island than any other real estate brokerage in 2016, representing a total of 20 clients over the course of the year. These representations included several notable sales. Highlights of those sales for Mott & Chace Sotheby’s International Realty in 2016 include the highest sales in the following municipalities: Little Compton at 441 West Main Road for $6 million, Narragansett at 200 Sand Hill Road for $3.9 million, Warwick at 1180 Ives Road for $2 million and Downtown Providence at 200 Exchange Street PH11 for $1.21 million.
For the brokerage, these sales were a catalyst for double-digit gains over the last year resulting in a five-position jump for Residential Real Estate Agencies in the 2017 Providence Business News Book of Lists; the largest jump for any brokerage. Moving up in rank from #21 to #16, Mott & Chace Sotheby’s International Realty experienced a 151% increase in units sold as well as a 37.5% increase in value of residences sold from 2015 to 2016. Overall, Mott & Chace Sotheby’s International Realty was involved in 25% of the top 20 sales statewide in 2016.
Impressive physical growth of the company was manifested in 2016 as well. On January 19, 2016, the brokerage opened its office in Waterplace Park. The company, which just four years ago was comprised of four agents in a single office, now offers a home base in the capital city overlooking the Providence River. This addition brought the number of office locations to four: Charlestown, Watch Hill, Narragansett and Providence. With the acquisition of Coleman Realtors just six months later, the company expanded its presence into two more offices, in Barrington and East Greenwich, and grew to over 120 agents.
Strong statistics held true through the first quarter of 2017 where Mott & Chace Sotheby’s International Realty represented six clients in the top ten sales from January 1 – March 31, 2017. During this quarter, Mott & Chace Sotheby’s International Realty represented clients for the highest sales in the following municipalities: Charlestown, Jamestown, South Kingstown and Westerly.
Additionally, Mott & Chace Sotheby’s International Realty has been appointed as the exclusive agency to represent the sale of the residences located at The Preserve at Boulder Hills. The $150,000,000 luxury residential development is spearheaded by well-known real estate developer Paul Mihailides. “I chose the team at Mott & Chace Sotheby’s International Realty because they were the clear-cut best choice for a project of this magnitude. Discerning buyers that enjoy a luxury experience from start to finish in their real estate transactions deserve just that,” remarks Mihailides.
Mott & Chace Sotheby’s International Realty listings make global impressions as part of the Sotheby’s International Realty brand. Properties are syndicated to over 100 affiliate sites and numerous respected publications worldwide.
* Sotheby’s International Realty received the highest numerical score in the proprietary Lifestory Research 2017 America’s Most Trusted® Residential Real Estate Brokerage study. The study based on 6,299 new home shoppers in the United States between January and December 2016. Your experiences may vary. Visit www.lifestoryresearch.com.