Sotheby's Realty is an international real estate company that serves Canada, Asia, Latin America, Europe and the U.S. Other areas include South Africa, the Caribbean, the Middle East, Australia and New Zealand.
As of 2013, Sotheby's Realty had 12,800 sales associates in about 47 countries worldwide, notes Yahoo Finance. Each of the areas it serves has an office that is owned and operated independently. The company operates a franchise focusing on marketing and brokering luxury real estate properties. Sotheby's International Realty is a subsidiary of Realogy Holdings Corp., a company that provides brokerage, relocation and settlement services. In 2013, Realogy Holdings Corp. topped the Franchise Business Review's real estate list.