Dubai, UAE; Dubai-based Gulf Sotheby’s International Realty, a franchise of the world’s largest luxury realty network Sotheby’s International Realty, has reached an agreement with Clarke & Scott Real Estate in order to further strengthen their network of specialist agents as part of its newly introduced Management Agreement model.
In line with Gulf Sotheby’s International Realty regional development strategy, this model allows for practised agencies with a solid market presence to combine knowledge and further strengthen their networks and market reach.
Clarke & Scott will retain 100% ownership and their trade license, allowing them to maintain independent operations whilst marketing under the Gulf Sotheby’s International Realty brand and benefitting from access to international stock and exclusive developments.
Clarke & Scott, a British-run real estate brokerage headed by industry experts Wezley Clarke and Scott Mitchell, is well-known for its wide-spanning industry intelligence, local influence, and specialisation, particularly within the off-plan market sector where they have secured a solid standing amongst major developers across Dubai.
Clarke & Scott will bring a wealth of experience to the Gulf Sotheby’s International Realty team and in return, become part of a prestigious international structure of realty connoisseurs, with a reputation for making some of the largest – and most significant – property deals ever recorded.
“After lengthy discussions with Gulf Sotheby’s International Realty, it makes perfect sense to combine forces. Gulf Sotheby’s is the biggest name in the realm of luxury real estate; this strategic tie-up will allow Clarke & Scott to reach new levels of global exposure with full access to one of the largest international networks. We plan to leverage this partnership, together with our specific experience garnered over the years, to further develop the business,” said Wezley Clarke of Clarke & Scott.
George Azar, Chairman and CEO of Gulf Sotheby’s International Realty adds, “Clarke & Scott are a well-established and valued brand name; they are forward thinkers who appreciate that by combining forces, they will have access to a larger market share. This model offered to the agency is based on recognition of their achievements within the local market and is only offered to brokerages that we know and respect. Only companies that fulfill certain criteria can partner with us, and Clarke & Scott are a prime example of a clear ‘fit’.”
A proven business model throughout Sotheby’s offices across the world, the Management Agreement business model offers entrepreneurial flexibility, whilst allowing partners to leverage the prestige associated with the brand name and offer operations support, business development opportunities and a platform for enhanced client servicing.
About Gulf Sotheby’s International Realty
Gulf Sotheby’s International Realty prides itself in upholding a name and franchise renowned for reverential heritage and years of expertise and successful sales of precious possessions and prestigious properties from around the world. Through its affiliation with Sotheby’s, one of the world’s largest brokers of fine and decorative arts, jewellery, real estate and collectibles, and Sotheby’s International Realty®, the most prestigious real estate brand (according to a survey conducted by The Luxury Institute), Gulf Sotheby’s International Realty collaborates with discerning clients and represents the most sought-after luxury properties and developments in the GCC. Gulf Sotheby’s International Realty’s membership in the global Sotheby’s International Realty® affiliate network empowers the firm to represent properties to its reputed connections and partners worldwide. The Sotheby’s International Realty network currently has approximately 20,000 sales associates located in approximately 880 offices in 70 countries and territories.
About Clarke & Scott
Clarke & Scott is an award-winning Dubai based Real Estate brokerage, based on a British Estate agency model. The brand is established on global knowledge, local influence and British Courtesy. Clarke & Scott operates in all major residential key areas within Dubai. In specialized teams, they research the market and identify the demand, focusing on customer needs while adhering to strict global standards. The highly respected and well-trained team of agents are handpicked to represent the brand. With extensive regional and international experience, Clarke & Scott property experts offer personalized, professional and highly comprehensive advice to best serve clients.