Sotheby’s International Realty Brand Strengthens Presence in Aspen, Colorado

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Sotheby’s International Realty Affiliates LLC today announced that Morris & Fyrwald Sotheby’s International Realty in Aspen and Carbondale, Colo., has combined with Chaffin Light Real Estate in Aspen, Snowmass Village and Basalt, and now will operate as Aspen Snowmass Sotheby’s International Realty.

Aspen Snowmass Sotheby’s International Realty will serve the entire Roaring Fork Valley from Aspen/Snowmass to Glenwood Springs. Mark Overstreet serves as president of the new company and will report to a management board of Ernie Fyrwald, Andrew Light, Craig Morris and Garrett Reuss.

“Morris & Fyrwald Sotheby’s International Realty has a reputation as a strong leader in the Aspen market while Chaffin Light Real Estate and its predecessor, Snowmass Real Estate Company, have been market leaders in Snowmass Village and the Mid-Valley,” said Philip White, president and chief operating officer, Sotheby’s International Realty Affiliates LLC. “The combined strength of these two companies and the Sotheby’s International Realty brand will provide clients with extraordinary opportunities in one of the world’s most high-end markets.”

The firm will operate eight offices and have a team of more than 110 sales associates. “Our goal is to put our sales associates in a position to best serve their clients,” said Overstreet. “We are the only company in the Roaring Fork Valley with offices in all of the key markets. Our combined local market presence, along with the international reach of the Sotheby’s International Realty brand and its world-class technology, will offer an unmatched platform for our team and our clients. Our mission is to serve our clients in the finest manner and contribute back to our communities in meaningful ways.”

The Sotheby’s International Realty network currently has nearly 12,000 sales associates located in approximately 580 offices in 42 countries and territories worldwide. Aspen Snowmass 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.

About Sotheby’s International Realty Affiliates LLC
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744.