Sotheby’s International Realty has announced that the brokerage firm achieved record sales in 2018 amid a slowing market. Sotheby’s closed more than $112 billion in sales volume, the highest performance in company history. In addition, ONE Sotheby’s International Realty (ONE SIR), which was founded in 2008 by Mayi de la Vega, also had a record year with an increase of almost 50% sales volume from 2017 to 2018 and are the sales leader for $1 million+ homes in Miami. ONE SIR reported a 9.02% market share in 2018 which is up from 7.1% in 2017. ONE SIR also reported $1.36 billion in sales volume, up $441 million from 2017 of $919 million reflecting an increase of 47.97%. ONE ONE Sotheby’s International Realty now has 15 offices in Miami-Dade and Broward Counties with over 750 agents.
“Our real estate market continues to be on an upward trend, we’ve been outperforming in the luxury market and don’t predict a slowdown anytime soon. There are massive growth opportunities and we’ve been seeing not only companies and CEO’s making the jump to South Florida but families are migrating here as well,” said Daniel de la Vega, President of ONE Sotheby’s International Realty. “We credit our continued success to the agents and employees of ONE Sotheby’s International Realty. They are some of the most well respected and globally connected professionals in the industry and are working tirelessly to make these deals happen every day.”