With the acquisition, the growing brokerage creates even bigger footprint in Central Oregon real estate market, welcomes new talent to broker base
Cascade Sotheby’s International Realty has acquired Sisters real estate pillar Metolius Property Sales effective immediately. With the acquisition, Cascade Sotheby’s creates an even bigger presence securing 20% of the Sisters, Oregon real estate market, and welcomes the talent of 12 top performing new brokers to the Cascade team.
“As always, our strategy is to look for acquisitions that fit our growth trajectory and that most importantly bring a great team with the intelligence and integrity that mirror the way Cascade Sotheby’s does business,” says Michael Kosmin, chief operating officer, Cascade Sotheby’s International Realty. “Metolius founder Jeff Jones has built an incredibly productive team, secured some of the finest listings in the region and has just done a superb job of building an enviable partner for our brokerage.”
Metolius principal broker, Jeff Jones, founded Metolius Property Sales in 2009 with the intent of providing homeowners and prospective buyers with a customer focused, individualized real estate experience.
“I’ve been honored to have a great team of people to work with and I’m very proud of the culture we’ve built together at Metolius—I’m confident that Cascade Sotheby’s will only expand on that,” says Jones.
Team Metolius now joins Cascade Sotheby’s International Realty, which exceeded $1.3 billion in closed sales in 2017 and continues its innovative approach to uniting extraordinary lives with extraordinary homes building on these statistics:
$30 million in company revenue in 2017
325% sales growth from 2015 to 2017
More than two times the market share in Central Oregon than closest competitor
More than 250 brokers across Oregon and SW Washington
More than 80 new brokers signed in 2017 alone
Average price point for Cascade Sotheby’s agents is 33% higher than other agents in Portland and SW Washington
11 offices in Oregon and SW Washington
About Cascade Sotheby’s International Realty
Harnessing the worldwide recognition and prestige of the Sotheby’s name, Cascade Sotheby’s International Realty expertly represents the most distinctive properties at every price range. The firm’s 11 strategic locations throughout Oregon and southern Washington form the most expansive luxury real estate network in the Pacific Northwest. Cascade Sotheby’s International Realty brokers are masters of their craft, combining local expertise and global connections to artfully unite extraordinary places with extraordinary lives. The firm achieved a billion dollars in sales in the first 11 months of 2016, joining only 25 Sotheby’s International Realty affiliates in the world with this distinction. Exceptional service, continual innovation, and unrivaled market knowledge continue to set Cascade Sotheby’s International Realty apart as an industry leader.