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Founded in 1976, Sotheby's International Realty was created to connect top independent real estate firms with prestigious clients worldwide. A subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), it offers franchising, brokerage, and relocation services. In 2004, a strategic alliance with the Sotheby's auction house enabled the brand to expand through a global franchise model. Affiliations are granted to highly qualified brokerages and individuals. Franchisees benefit from extensive support and the prestige of the Sotheby's name, established in 1744.