Gibson Sothebys International Realty Achieves Record Year of Productivity and Growth in 2018

BOSTON, MA Gibson Sothebys International Realty
has announced exceptional agent count, productivity and
profitability gains in 2018, closing over $2 billion in annual
sales volume. The companys record production results were fueled by
over 2000 transactions. With the aid of its globally-recognized
brand, Gibson Sothebys International Realty fostered its
relationships and rapport with some of the most active and
successful national and international brokerages, generating more
than $70 million in sales volume from referral-generated leads.

The firms momentum is marked by a few key accomplishments,
according to MLSpin:

  • The highestaverage price inMassachusettsof the
    top 5 companies.
  • The highest average price inCambridgeof the
    top 3 companies.
  • The second highest averageprice inBostonof the
    top 3 companies.

In 2018, Gibson Sothebys International Realty strategically
expanded into South Boston, the South Shore, and Cape Cod through
the acquisition ofBroadway Village Real Estate, Home Center
Sothebys International Realty, and oldCape Sothebys International
Realty. This expansion extended Gibson Sothebys International
Realtys reach from Cape Ann to Cape Cod and added nine new offices
to the Boston-headquartered brokerage. The company now operates
with a network of 300 associates in a total of 17 offices across
Eastern Massachusetts.

The supportive and professional environment we foster stimulates
our continued successas an agency and as individual agents, said
Paul
McGann
, President and Co-Owner of Gibson Sothebys International
Realty. Especially in our new territories, we are actively
recruiting productive agents who echo the camaraderie of our
ever-growing family and seek to deliver the premium white glove
service of which we are known.

These results are a testament to the outstanding individuals who
comprise the Gibson Sothebys International Realty team, added
Larry
Rideout
, the companys Chairman and Co-Owner. Their remarkable
work ethic, extraordinary proficiency in their real estate markets
and unwavering dedication to be the very best in their chosen
profession are why buyers and sellers on a local and global level
turn to us for their real estate needs.

Our associates drive, passion, and collaboration are what sets
Gibson Sothebys International Realty apart and keep us on the
leading edge, both as a company and in each of our local markets,
affirmed
Colleen Barry
, CEO of Gibson Sothebys International Realty. Our
family-like culture is truly unique, and our growth trajectory is
unparalleled.In 2019, we expect the positive market experienced in
2018 to continue throughout the new year, along with increased
production and operating efficiencies in all areas of our
business.

Since Gibson Sothebys International Realtys founding in 1962,
management has focused on building a collaborative industry-leading
team by offering unique marketing services and a proprietary
technology network for its associates. Under Co-Owners Larry
Rideout and Paul McGanns leadership for over a decade, the firm has
grown exponentially, and today serves as the largest
independently-owned real estate company in Boston.

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