“So it's a franchise model. Sotheby started. They had the idea that if we were going to help people sell Rembrandts at the auction house, that we should be able to help them sell their real estate.”

TBPN · Moderna Drama, WSJ Mansion Section, Genetically Engineered Military Dogs | Thomas Wright, Kyle Schiller, Steven Schwartz

Play from 57:19
57:19

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

operate Sotheby's International Realty as a franchise model where local affiliates run offices under the brand

Said nearby on the same subject

“We have been operating under a matrix model, which requires both the asset class as well as the regional head to be supportive of a transaction…”
OP
Ontario Teachers' Pension Plan
Capital Allocators - Inside the Institutional Investment Industry ·
How they work Share this moment
“The only time you would ever need more than one affiliate network… is if you need access to a localized international one like China, Russia, or South Korea.”
♫
Said on The SEO Podcast: Page 2 Podcast
Business model Share this moment
“I use their flash version of it… I don’t have as much memory as I need to run the full guy, but five-three flash is really my main local model”
♫
Said on Security Now (Audio)
“They own about a little under 16,000 properties now... Realty Income's paying over 6%”
♫
Said on Motley Fool Hidden Gems Investing
Hard number 16,000 properties; dividend yield >6% Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.