PALO ALTO, Calif., Sept. 4, 2013 (GLOBE NEWSWIRE) -- Dreyfus Properties announced today that it has partnered with Sotheby's International Realty Affiliates LLC to manage the Peninsula Markets of the San Francisco Bay Area and to serve luxury clientele there. The company will operate as Dreyfus Sotheby's International Realty.
Dreyfus Sotheby's CEO and Broker, Michael Dreyfus has witnessed a large increase in interstate and international buyers in the heart of Silicon Valley. "Those clients now can benefit from the Sotheby's International Realty brand's global marketing initiatives and media partners that can showcase our listings to an international audience," he said. "We are connected to the fiber of our community. The pace of our market places a high demand on our agents to be both extremely knowledgeable in the nuts and bolts of what they do, savvy in technology and perceptive of diverse world cultures."
"For 13 years, Michael Dreyfus and his firm have worked to develop a deep local knowledge and a custom approach to real estate sales and marketing for their clients," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "We proudly welcome them to the Sotheby's International Realty network and look forward to bringing our brand's broad reach to this important luxury real estate market."
The Sotheby's International Realty® network currently has more than 13,000 sales associates located in approximately 670 offices in 49 countries and territories worldwide. Dreyfus Sotheby's International Realty listings will be marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm's brokers and clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs. Each office is independently owned and operated.
About Dreyfus Sotheby's International Realty®
Dreyfus Sotheby's International Realty's main office is located in Palo Alto, with an additional office in Menlo Park, Calif. Founded in 2000 by Michael Dreyfus, the company has been recognized by the Silicon Valley Business Journal as having the highest average sales price in the Silicon Valley, and is a Valley leader in sales volume per agent. The firm joins the Sotheby's International Realty® network's nearly 70 other independently owned and operated offices throughout California.