Sotheby's International Realtyhas recently announced that it is expanding its presence in Ohio with the opening of Elite Sotheby's International Realty. This addition shows the company's continued growth, which is also now its third affiliated company in Ohio.Elite Sotheby's International Realty is jointly owned by Ken Schmidt and Mike Schmidt. Elite Sotheby's International Realty is located in Pepper Pike and serves the residential and luxury real estate markets in the Greater Cleveland area.
"The North Coast of Lake Erie has a long history of luxury neighborhoods and grand properties. Luxury real estate represents the top 10% of the market. The area is seeing increased interest from local buyers migrating back to Ohio from other Midwest cities and east metropolitan markets. Our affiliation with Elite Sotheby's International Realty marks the brand's expanding presence in the region, and we are pleased to welcome them to our network," said Philip White, president, and CEO of Sotheby's International Realty.
"The Greater Cleveland area is home to several attractions, including the second-largest performing arts center in the country and the Lake Erie shoreline. We are seeing increased interest in our market from buyers looking to capitalize on space while still having access to arts and culture," said Mike Schmidt.
Elite Sotheby's International Realty has been focusing on growing constantly. It is actively involved in the local community and various community efforts. The Sotheby's International Realty network now has more than 23,000 affiliated independent sales associates, present in about 1,000 offices in 72 countries worldwide.