REALOGICS SOTHEBY’S INTERNATIONAL REALTY ANNOUNCES RECORD BREAKING SALE OF $26.75 MILLION MEDINA ESTATE; THE MOST VALUABLE LISTING SOLD AND CLOSED IN NWMLS HISTORY

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Executives of Realogics Sotheby’s International Realty (RSIR) confirmed today the closed sale of a property in Medina, Washington, for $26.75 million, which was listed for sale by RSIR broker and Global Real Estate Advisor Becky Gray. The estate is the most valuable residential listing ever listed and sold on the Northwest Multiple Listing Service.

“This is a very important sale and we are honored to represent the seller in identifying a new steward for this legacy estate,” said Gray. “While this price point is extraordinary for our region, there were more than a few interested parties and all very qualified purchasers. Activity at this level is yet another sign of the times that the Seattle metro area has become a global gateway market.”

Gray states the property is in a category of its own with few comparable properties on Lake Washington, let alone in one of the most prized communities in the world.

“The Realogics Sotheby’s International Realty team is a consistent, strong representation of the brand in the Pacific Northwest,” said Philip White, President and Chief Executive Officer, Sotheby’s International Realty Affiliates LLC. “We are proud to celebrate this record-setting achievement with Ms. Gray.”

True to the brand’s international real estate network, accolades about the record sale have been streaming in from around world. Sotheby’s International Realty is now represented by approximately 900 offices in 70 countries with 22,000 sales professionals. Global sales in 2017 exceeded $100 billion.

About Realogics Sotheby’s International Realty (www.RSIR.com) – Artfully uniting extraordinary homes with extraordinary lives, Realogics Sotheby’s International Realty is a leading global sales and marketing brokerage firm in the Pacific Northwest. Recognized by the Puget Sound Business Journal amongst the fastest-growing private companies in Washington State for the past five years, the boutique real estate firm of 225+ brokers consistently rank among the top producing firms within the markets that it serves with branches in downtown Seattle, Bainbridge Island, Kirkland, Issaquah and Madison Park.

Original Source found on RSIR.