International Real Estate

International Real Estate

We represent different properties in varying contexts. Each property requires acute sensitivity to such parameters as current market trends, seller and buyer expectations, style, size and value.

In the case of large estates and properties of significant magnitude, our affiliation with such prestigious establishments as Christie’s International Real Estate provides Pall Spera Company Realtors with the most effective tools to market distinctive properties.

The Christie’s name is synonymous with quality, integrity, and customer satisfaction and the marketing efforts of Christie’s and Christie’s International Real Estate provide far-reaching exposure to a qualified audience of homeowners and homebuyers. Only brokers who have a leading market share, meet strict standards of service excellence, and demonstrate proven records of success in handling distinctive properties can become affiliated brokers and utilize the well-known and highly respected Christie’s Great Estates brand name.

The Pall Spera Company Mission states that, “It is office policy to give the highest level of professional service whether we are working with first-time homebuyers or selling multi-million dollar estates.” In the following press release, dated January 11, Christie’s International Real Estate acknowledges the Pall Spera Company affiliation and its significance for local and Vermont Real Estate.

Click HERE to view the Pall Spera Company Realtors properties featured by Christie’s International Real Estate.

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FOR IMMEDIATE RELEASE

North Central Vermont Real Estate Market to Benefit from Launch of Christie’s International Real Estate, the New Name for World’s Leading Network of Property Specialists

Pall Spera Company Realtors, Lamoille, Washington, Caledonia, Orange & Orleans exclusive Christie’s affiliate, anticipates exponential increase in global visibility due to increased ties between Christie’s art and real estate businesses

STOWE, VERMONT (January 11, 2011) – Stowe and North Central Vermont’s luxury residential real estate market, already a hotbed of international attention, will broaden its global awareness with this recent announcement that Christie’s, the world’s leading art business, has changed the name of its exclusive property brand to Christie’s International Real Estate.  It was formerly known as Christie’s Great Estates.

Christie’s International Real Estate is the only real estate network wholly owned by a fine art auction house. The real estate network is uniquely positioned to follow the footprint of its parent company, Christie’s, into growing markets.

As Christie’s global announcement noted, the new name further underscores that the values that distinguish Christie’s – commitment, expertise, integrity, discretion and five-star customer service – are qualities that are embedded in the company’s luxury residential property specialists.

“The Christie’s brand is recognized worldwide as the epitome of unique quality and service. The rebranding of Christies International Real Estate accurately describes a true worldwide luxury real estate network. All properties associated with this brand are big winners,” says Pall Spera, President and CEO of Pall Spera Company Realtors.

Christie’s International Real Estate represents some of the most prestigious trophy properties in the world, which include estates, resort properties, second and third homes, and super-prime new-build developments, all priced above US$1 million. Properties have included Lord Andrew Lloyd Webber’s Trump Tower Residence in New York City; Lyons Demesne, the historic Irish landmark fully restored by Dr. Tony Ryan; Ingmar Bergman’s island retreat in Sweden; and the Astor Beechwood Mansion in Newport, Rhode Island. Among the most valuable properties currently in the Christie’s International Real Estate portfolio are Palais Montmorency on Avenue Foch in Paris, France, valued in excess of US$100 million, and Cornwall Terrace, the historic Grade I–listed Regency terrace in The Regent’s Park, London, which was recently voted the most significant luxury property development in the United Kingdom.

Year-end sales reports compiled by Christie’s International Real Estate and its network of affiliates show a solid lead in serving the luxury real estate market in Vermont.

In Lamoille County, Vermont, for the period ending December 31, 2010, according to data from Pall Spera Company’s Trendgraphix platform, which aggregates local Multiple Listing (MLS) data, Pall Spera Company was the definitive market leader in the sale of homes in excess of one million dollars. Pall Spera Company Realtors had a market share of 45.5%, compared to 20.1%, 13.6% and 4.5% for its nearest competitors in total units sold.

Lisa King, Chief Operating Officer of Christie’s and Chairman of Christie’s International Real Estate comments: ‘‘This change of name confirms Christie’s continued commitment to extend its real estate reach by creating a closer alignment between our art and real estate businesses. The new name best positions our valued and highly qualified network of Affiliates to capitalize on our global market presence and the opportunities presented by our high-quality client base.”

Neil Palmer, Chief Executive Officer comments: ‘‘With our Affiliate network continuing to rapidly expand globally, this name change reinforces what we do and the high standard of service that we deliver to participants in the luxury residential property market, whether they are buyers or sellers of the most luxurious, the most significant, or the most glamorous homes around the world.”

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