press releases

Maine home prices were up 5.12 percent in May

Maine Listings reported yesterday that Maine home prices were up 5.12 percent in May over May of 2016. They said lower than normal inventory of existing single family homes in Maine led to an 8.85 percent decline in May 2017 sales. However, according to Maine Listings, the median sales price (MSP) for the 1,524 homes sold last month rose 5.12 percent to $200,000. The MSP indicates that half of the homes were sold for more and half sold for less.

"Along the coast, in York County, sales for single-family homes priced between $200,000 and $700,000 beat the rest of the market," states Linda Briggs, owner of Anne Erwin Sotheby's International Realty. "Our office has felt the lack the inventory of homes coming to the market and agree with the trend that these mid-market homes are maintaining value and see some values increasing," said Briggs. "It's the luxury market that's been suffering, only 10 homes, priced above $2 million have sold in the last 365 days in York County. And of those 10 homes our office listed 3 of them, more than any other office," Briggs continued. "With a strong internet presence, there is no lack of visibility, however luxury buyers appear to be taking their time. The better weather and summer season should see an increase in activity."

Nationally, single family home sales increased 2.7 percent. The National Association of Realtors reported a nationwide MSP of $254,600 a 6.0 percent jump from one year ago. The Northeastern US experienced a sales increase of 2.6 percent and the regional MSP rose 4.7 percent to $281,300.

Below are two charts showing statistics for Maine and York county. The first chart lists statistics for the month of May only, statewide. The second chart compares the number of existing, single-family homes sold (units) and volume (MSP) during the rolling quarter of March, April and May of 2016 and 2017.


Sotheby's International Realty Brand Wins 'Best in Category' for Eighth Consecutive Year

YORK, Maine (Feb. 3, 2015) Anne Erwin Sotheby's International Realty, a luxury real estate firm based in York, Maine today announced the Sotheby's International Realty® brand won Franchise Business Review's Best in Category for Real Estate Franchisee Satisfaction award for the eighth year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 10th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to its real estate ranking, the Sotheby's International Realty brand also came in first in the overall top 50 and first among the Top 50 "Systems with 250 or more units," which is a ranking of all franchise systems across all categories with more than 250 locations.

"We are so proud to not only receive this distinction for the eighth year in a row but to also move from third to first in the systems with 250 or more units ranking, and from fourth to first in the overall top 50 ranking," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "This award essentially is our report card from our network, and we are so pleased that they hold us in such high regard within the ranking system. We continually strive to improve our service to our franchisees and we are grateful for this honor."

Franchise Business Review surveyed more than 28,000 franchisees from more than 350 leading systems for the annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year's award winners, go to www.FBR50.com.

"The Sotheby's International Realty brand has been ranked number one in Real Estate for eight years running," said Franchise Business Review president Michelle Rowan. "The brand's continuous efforts to find ways to strengthen the brand and relationship with its franchise partners won it the honor of being ranked number one overall on our list of 200 brands with the strongest validation from their franchisees this year."

"This brand offers our firm the tools, resources and support we need to reach a global audience of consumers and provide our clients with the best possible service," said Linda Briggs broker/owner. "We are proud to be part of this network of extraordinary professionals, and to represent this fine brand in the Southern Maine and Seacoast New Hampshire markets."

Anne Erwin Sotheby's International Realty, which has an office in York, ME, offers exclusive Sotheby's International Realty marketing, advertising and referral services designed to attract well-qualified buyers to the firm's property listings. In addition, the firm and its clients benefit from an association with the Sotheby's auction house, which promotes real estate referral opportunities with auction house clientele.

As a Sotheby's International Realty affiliate, the firm also has the unique ability to refer its real estate clientele to the auction house for jewelry, art, unique furniture and collectible appraisal services. Property listings from Anne Erwin Sotheby's International Realty also are marketed on the sothebysrealty.com global website, as well as on the firm's local website, anneerwin.com.

Anne Erwin Sotheby's International Realty is located at 31 Long Sands Road, York, Maine. For additional information, please contact 207.363.6640.

The Sotheby's International Realty network currently has over 16,400 sales associates located in approximately 730 offices in 56 countries and territories worldwide. Sotheby's International Realty listings are 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 their clients will benefit from an association with the Sotheby's auction house and worldwide Sotheby's International Realty marketing programs. Each office is independently owned and operated.

Sotheby's International Realty Brand Wins 'Best in Category' in Franchisee Satisfaction for Seventh Consecutive Year

Sotheby's International Realty Affiliates LLC today announced it won Franchise Business Review's Best in Category for Real Estate Franchisee Satisfaction award for the seventh year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 9th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to its real estate ranking, the Sotheby's International Realty® brand also came in third overall among the Top 50 "Systems with 250 or more units," which is a ranking of all franchise systems across all categories with more than 250 locations.

"We are very proud to receive this distinction for the seventh year in a row as it demonstrates that we are providing our network members with quality service and valuable tools and resources," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "Our goal is always to help our network achieve greater levels of success. This award is so important to us because it is measured by input from our most important asset: our affiliates."

Franchise Business Review surveyed more than 26,000 franchisees from more than 350 leading systems for the annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year's award winners, go to www.FBR50.com.

"The Sotheby's International Realty brand has been No. 1 in our Real Estate category since they began surveying in 2008," said Franchise Business Review president Michelle Rowan. "Their leadership is highly focused on the success of their franchisees, and it shows, year after year, in the culture of the company and the satisfaction of their agents."

Maine Real Estate Sales Jump 31% In July

SOUTH PORTLAND, Maine (August 21, 2011) — Sales of single family existing homes in Maine rose by impressive double digits last month. According to sales statistics released by Maine Listings, Realtors sold 1,426 homes in July, up 31.31 percent from July 2012. The median sales price (MSP) increased 4.68 percent to $179,000. The MSP indicates that half of the homes were sold for more and half sold for less. Nationally, sales of single family existing homes were up 16.4 percent last month. The National Association of Realtors reported a national MSP of $214,000 a 13.5 percent rise in 12 months. Sales in the Northeastern U.S. jumped 20.3 percent, while the regional MSP increased 6.7 percent to $271,200

Bart Stevens, President of The Maine Association of Realtors, said, "Sellers have reacted strongly to buyer interest this summer, and have placed homes on the market at a steady pace. Homes that are priced according to the local market continue to sell faster than others who are 'testing' the market waters. Realtors educate sellers on properly pricing and staging their homes for the best outcome. Buyers continue to be price sensitive and want the fairest deal possible, and Realtors keep clients well informed of the choices available." Stevens, owner/broker with Century 21 Nason Realty in Winslow, reported that consumers remain optimistic and recognize the value of owning vs. renting. "Activity over the summer remained strong with b uyers from all price points," he said. "Fall generally represents a strong sales season here in Maine, and the market should move along at a comfortable pace." Below are two charts showing statistics for Maine and its 16 counties. The first chart lists statistics for the month of July only, statewide. The second chart compares the number of existing, single family homes sold (units) and volume (MSP) during the months of May, June and July of 2012 and 2013.

Anne Erwin Sotheby's International Realty has had a leading presence in the southern Maine real estate market for over 30 years. Founded in 1980, the company offers a wide selection of oceanfront, ocean view, waterfront, water view and distinctive homes in every price range in southern Maine including York, Cape Neddick, Kittery, Kittery Point, Ogunquit, Wells, Kennebunk, Kennebunkport, South Berwick, and Eliot. Anne Erwin Sotheby's International Realty is located at 31 Long Sands Road, York, Maine.

Sotheby's International Realty Brand Wins 'Best in Category' for Sixth Consecutive Year

FOR IMMEDIATE RELEASE

CONTACT:
Devon Morrow, 207-363-6640

Sotheby's International Realty Brand Wins 'Best in Category' for Sixth Consecutive Year in Franchise Business Review's Franchisee Satisfaction Awards

YORK, Maine (March 12, 2013) - Anne Erwin Sotheby's International Realty, a luxury real estate firm based in York, Maine, today announced that the Sotheby's International Realty brand won Franchise Business Review's Best in Category for Real Estate Franchisee Satisfaction award for the sixth year in a row.

The Best in Category award measures franchisee satisfaction with their franchisors and is part of the 8th annual Franchisee Satisfaction Awards presented by Franchise Business Review. In addition to its real estate ranking, the brand also came in second overall among the Top 50 "Systems with 250 or more units," which is a ranking of all franchise systems with more than 200 units across all categories.

"This award is a reflection of our commitment to providing the highest possible quality service to our valued network members, and we are humbled and honored to have received this distinction for the sixth year in a row," said Philip White, president and chief executive officer, Sotheby's International Realty Affiliates LLC. "We believe our duty is to serve our network and to offer them the tools and resources they need to help them succeed. The reason the Franchise Business Review recognition is so rewarding is because it is measured by input from our most important asset: our franchisees."

Franchise Business Review surveyed more than 26,000 franchisees from more than 350 leading systems for the 8th annual Franchisee Satisfaction Awards. Franchises were evaluated in five areas: training and support, franchise system, franchisor/franchisee relations, financial opportunity and overall satisfaction. Additionally, demographic and lifestyle questions gave a 360-degree view of the franchise ownership experience. Franchise Business Review is a national franchise market research firm that performs independent surveys of franchisee satisfaction and franchise buyer experiences. For a complete list of this year's award winners, go to www.FBR50.com.

"It's great to see the Sotheby's International Realty brand top our Real Estate list once again this year," said Franchise Business Review President Michelle Rowan. "As the real estate and housing markets bounce back, franchises within the space need to stay top of mind with franchise buyers and consumers. The brand continues to seek ways to drive franchisee satisfaction and profitability–and their hard work shows here."

"This brand offers our firm the tools, resources and support we need to reach a global audience of consumers and provide our clients with the best possible service," said Linda Briggs, broker/owner. "Anne Erwin Sotheby's International Realty joined the network 9 years ago and have been affiliated with the Sotheby's International Realty brand even before its official inception. With theSotheby's International Realty brand behind us, we are building a solid foundation for success in the York, Cape Neddick, Kittery, Kittery Point, Ogunquit, Wells, Kennebunk, Kennebunkport, South Berwick, and Eliot markets."

The Sotheby's International Realty® network currently has 12,800 sales associates located in approximately 660 offices in 47 countries and territories worldwide. Each office is independently owned and operated. For more information, visit www.sothebysrealty.com.

Anne Erwin Sotheby's International Realty has had a leading presence in the southern Maine real estate market for over 30 years. Founded in 1980, the company offers a wide selection of oceanfront, ocean view, waterfront, water view and distinctive homes in every price range in southern Maine including York, Cape Neddick, Kittery, Kittery Point, Ogunquit, Wells, Kennebunk, Kennebunkport, South Berwick, and Eliot. Anne Erwin Sotheby's International Realty is located at 31 Long Sands Road, York, Maine.

Anne Erwin Sotheby's International Realty announces move for York office.

YORK, Maine (February 27, 2013) – Southern Maine's premier residential real estate firm, Anne Erwin Sotheby's International Realty, has announced its new office space located at The Emerson House, 31 Long Sands Road in York Village. "The purchase of the 18th century building was initiated by the interest to acquire an important building in York's rich history, as well as to accommodate parking and space for its team of professionals. This building, in the heart of York Village, showcases the stature of the Sotheby's International Realty® brand and is the perfect home for my team", said Linda Briggs, owner of Anne Erwin Sotheby's International Realty.

"We should be all settled in the first week of March" said Briggs. "As we all know, moving can be daunting, but exciting. We are thrilled to be moving into a beautiful antique building that will truly appeal to the clients of this luxury, global brand."

"We are certain that this move will allow us to serve the Southern Maine community with the professionalism and style they have come to expect from us," Ms. Briggs said.

Anne Erwin Sotheby's International Realty has had a leading presence in the southern Maine real estate market for over 30 years. Founded in 1980, the company offers a wide selection of oceanfront, ocean view, waterfront, water view and distinctive homes in every price range in southern Maine including York, Cape Neddick, Kittery, Kittery Point, Ogunquit, Wells, Kennebunk, Kennebunkport, South Berwick, and Eliot. Anne Erwin Sotheby's International Realty is located at 31 Long Sands Road, York, Maine.

The Sotheby's International Realty network currently has nearly 12,000 sales associates located in approximately 625 offices in 44 countries and territories worldwide. Affiliations in the Sotheby's International Realty 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. For more information, visit www.sothebysrealty.com.