Sotheby's International Realty Affiliates LLC is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. In February 2004, Realogy entered into a long-term strategic alliance with Sotheby's, the operator of the auction house.
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Imagine waiting to enter one of the most expensive residential real estate listings in the U.S. and watching as its two 12-foot-tall gilded gates open to reveal a $159 million ocean-front compound.
Our net sales increased approximately 2.6% for the quarter and comparable sales declined approximately 1.8% with strong sales growth in our customer-facing digital channels and a mid single-digit.
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"Of course we want to own the real estate in our own car," newly appointed Daimler AG CEO Ola Kaellenius told a small group o.