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Philip A. White_ Jr. Promoted to ... - Sotheby's International Realty

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Sotheby’s International Realty Affiliates LLC

1 Campus Drive

Parsippany, NJ 07054









Philip A. White, Jr. Promoted to President and Chief Operating Officer

of Sotheby’s International Realty Affiliates



Michael R. Good Continues as Chief Executive Officer





PARSIPPANY, N.J. (April 8, 2010) – Sotheby’s International Realty Affiliates LLC

today announced that Philip A. White, Jr. has been promoted to president in addition to

his longstanding role as the company’s chief operating officer. Michael R. Good will

continue to serve as chief executive officer, after holding both the president and CEO

titles since February 2004. The appointment will enable Good to continue his focus on

strategic growth opportunities for Sotheby’s International Realty while transitioning the

day-to-day operational and brand management responsibilities to White.



“I am pleased to promote Philip in recognition of his leadership in the continued growth

and development of the Sotheby’s International Realty brand network,” said Mr. Good.

“For the past six years, we have worked shoulder to shoulder, and I am proud of the

significant role Philip has played in building the operations and guiding the growth of our

luxury real estate brand. He has demonstrated his commitment to excellence in

everything from the selection and recruitment of new network members to the servicing

and support of our brokers and sales associates in the field.”



A 30-year industry veteran, White has spent more than half of his real estate career with

the Sotheby’s International Realty brand in both management capacities and as a

brokerage owner.



From 1980 to 1988, White held several positions in the Sotheby's International Realty

network. As senior vice president and regional manager for the southeast United States,

he was responsible for developing a network of affiliated brokers and listing and

marketing properties in cooperation with them. In addition to holding management

positions in both the New York City and Palm Beach offices, White developed and

managed a high-end local brokerage business in the Atlanta market for the company.



White left the company to start his own independent real estate firm called Philip White

Properties, Inc., in Atlanta, and the firm was a Sotheby's International Realty affiliate

from 1988 to 1992. After four successful years at the helm, he sold his firm to Coldwell

Banker Residential Brokerage, a subsidiary of NRT LLC, the nation’s largest residential

real estate brokerage company.

Prior to his July 2004 appointment as chief operating officer of Sotheby’s International

Realty Affiliates, White spent 12 years with NRT, serving as managing broker of

Coldwell Banker Residential Brokerage’s Buckhead office in Atlanta, one of the most

successful offices in the entire NRT organization.



White received his bachelor of science degree in commerce and finance from the

University of Virginia in 1978. He is a veteran of the United States Marine Corps.



The Sotheby’s International Realty® network currently has more than 10,600 sales

associates located in approximately 500 offices in 38 countries and territories worldwide.



Editor’s Note: Photos available upon request.



About Sotheby’s International Realty Affiliates LLC

Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for

luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent

real estate companies to the most prestigious clientele in the world. In February 2004, Realogy

Corporation, a global provider of real estate and relocation services, entered into a long-term strategic

alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the

Sotheby’s International Realty name and the development of a full franchise system by Realogy’s

subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to

brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC

supports its affiliates with a host of operational, marketing, recruiting, educational and business

development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s

auction house, established in 1744. For more information, visit www.sothebysrealty.com.



###





MEDIA CONTACT:

Jennifer Zimmerman

Director, Public Relations and Communications

Sotheby's International Realty Affiliates LLC

1 Campus Drive

Parsippany, NJ 07054

(973) 407-6375

Jennifer.Zimmerman@sothebysrealty.com



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