Sotheby's New Zealand expands to 15 offices

Real estate agency New Zealand Sotheby’s International Realty (NZSIR) is rolling out a nationwide expansion plan.

The new offices at Waiheke Island and Kerikeri take the total to 15 offices, including new-look offices in Matakana and Blenheim.

There is also a major expansion of its head office in Queenstown launching this month and a new Auckland flagship office in Parnell scheduled for later this year.

An office in Takapuna is due to open in November.

It all comes as the specialist agency celebrates 10 years in business, after co-owners Mark Harris and Julian Brown bought the NZ rights to the prestigious global brand and launched it from Queenstown in 2005.

Back then, Harris and Brown were the only agents for NZSIR.

The duo have facilitated some of NZ’s most high-profile property sales, such as Eagles Nest in the Bay of Islands for over $20 million, Matakauri Lodge in Queenstown and individually hold residential sales records in the Southern Lakes region.

There are now more than 100 licensed NZSIR agents and employees.

NZSIR currently has more than $500m worth of property listed and is on track to complete $750m in sales this financial year. The national average sale price is $1.5 million.