Sotheby’s International Realty has acquired Majestic Realty Collective, expanding its reach in luxury and resort markets.
The acquisition adds offices in Colorado, Utah, Nevada, and California, among other states, strengthening the firm's position in high-end real estate.
No financial terms were disclosed. The move signals continued consolidation in the luxury brokerage sector.
Buyers and sellers in these resort markets may see greater access to Sotheby’s global marketing network and affluent clientele.
Industry observers note that while luxury demand remains resilient, rising mortgage rates could temper activity in some segments.