BAINBRIDGE ISLAND OFFICE EXPANDS, KRISTI NELSON JOINS AS BROKER

Global Realty Positions for Improving Housing Market Locally; Second Home Sales in Resort Markets

BAINBRIDGE ISLAND, WA. (November 2, 2011) – Executives at Realogics Sotheby’s International Realty welcomed Kristi Nelson as the newest Broker and a Foundation Member of the expanding Bainbridge Island branch office. 

“Kristi’s established network, experience with new construction marketing and her passion for travel complements our services hereon the island and well beyond,” says Founding Director, Dennis Paige of Realogics Sotheby’s International Realty.  “We anticipate great success for Kristi and further growth at our Bainbridge Island office as the local and resort markets continue to recover.”

Paige notes a rise in relocation to Bainbridge Island and increasing home sales to local residents off island be it downtown Seattle condominiums or second homes and investment properties in feeder markets such as Palm Springs, CA, Sun Valley, ID and the Hawaiian Islands by example.  “With affiliate offices in resort markets and global cities around the world, Kristi is uniquely positioned to represent our residents on real estate opportunities out-of-state and internationally – the business flows in both directions.”

Recently, Nelson joined twenty other brokers from Realogics Sotheby’s International Realty to attend the Sotheby’s International Realty’s Global Network Event in Miami, Florida from October 24-27, 2011.  The event was comprised of more than 1,200 brokersfrom 40 countries and territories around the world.   Sotheby’s International Realty Affiliates, LLC, the world’s leading luxury real estate franchise expanded by 25% in the past year, according to Mike Good, the Chief Executive Officer for the Brand.   Likewise, since opening in Seattle on February 23, 2010, Realogics Sotheby’s International Realty has doubled its sales in excess of $200 million over the past year.  The Seattle-area affiliate now ranks within the top 20% of the network’s 550 global offices.

“Having experienced the Brand I’m convinced we live in global market, even as an island community,” said Nelson, who is a full-time resident on Bainbridge Island with her two daughters.  “I’m excited to leverage the full potential of this incredible organization.”

ABOUT REALOGICS SOTHEBY’S INTERNATIONAL REALTY I BAINBRIDGE ISLAND - Opened in February 2011, the Bainbridge Island branch of Seattlebased Realogics Sotheby’s International Realty has brought enhanced global awareness and sales including ranking Bainbridge Island the “Top Island Enclave in the US for 2011” as reported by CNBC.com.  Besides being newly established and boutique in scale, Realogics Sotheby’s International Realty was listed as the 11th largest realty in the region by sales volume according the Puget Sound Business Journal Book of Lists for 2011. For more information please visit www.RealogicsSothebysRealty.com.

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