There's breaking records, and then there's what Kuper Sotheby's International Realty achieved in 2019. The leading real estate brokerage firm for Central Texas was part of the more than $114 billion in global sales volume achieved by Sotheby's International Realty, the highest annual global sales volume performance in the history of the brand.
"In 2019, the Sotheby's International Realty brand continued to achieve solid growth," says Philip White, president and chief executive officer for Sotheby's International Realty. "The brand expanded into new countries and territories and entered new markets in the U.S. We continued to make strategic business decisions that benefitted both our independent sales associates and affiliate companies. I am immensely proud of the hard work and dedication from our vast global network, and I look forward to continuing this momentum in 2020."
Locally, Kuper also celebrated a record year, with $2.3 billion in total sales volume. The company completed over 4,000 transactions in 2019, with an average transaction price of $569,039.
These numbers also earned Kuper multiple spots on the prestigious Real Trends 500 ranking report, released on March 26, including No. 110 in the country by total sales volume, No. 10 among all Sotheby's International Realty Affiliates nationwide, and No. 245 in the country by transaction sides. It also scored No. 30 in the country by average sales price, No. 110 on the "billionaire's club" list, and No. 40 on the "top movers" list with a 19.3 percent year-over-year volume increase.
Only 1,700 firms nationwide qualified for this year's Real Trends 500.
Propelled by a strategic business move in March 2019, when Sotheby's International Realty integrated its affiliate network and company owned brokerage into one global organization, 50 new Sotheby's International Realty offices were opened. That brought the brand's presence and network to 1,000 offices in 70 countries and territories, and more than 23,000 affiliated sales associates worldwide.
Also on the horizon is a new, fully integrated Sotheby's International Realty website. The brand's existing website saw another record year, with more than 34 million visits, a 14 percent increase year-over-year.
To support the daily business needs of the network's more than 23,000 independent sales associates, the brand unveiled Current by Sotheby’s International Realty, a robust marketing suite of technology tools consisting of best-in-class and exclusive apps which provide sales associates with a distinctive and competitive edge in the market.
Kuper is comprised locally of over 300 industry and community leaders in Austin, San Antonio, New Braunfels, and Boerne. The agents of Kuper make the company what it is, creating an unparalleled internal culture that extends to every person they serve. The Top 10 producing agents in the Austin and San Antonio markets represent the most successful 1 percent of all agents city-wide — their accomplishments are outstanding, but the service they provide their clients is even more impressive.