FORT WAYNE — Encore Sotheby’s International Realty today announced that it has acquired Northeast Indiana firm Reecer Properties, which will now operate as Encore Sotheby’s International Realty.
The acquisition expands the firm’s presence in the Fort Wayne and Northeast Indiana Lakes Region. Mark Zukerman, Founding Principal of Encore Sotheby’s International Realty, will remain at the helm of the operation. Encore Sotheby’s International Realty now has five offices, with the addition of offices in Fort Wayne, Roanoke and North Webster, and 45 independent sales associates across the state.
Lynn Reecer, Reecer Properties, Inc.’s owner, is eager to begin this affiliation.
“After several years of deep discussion with a few national brands, I am happy to have partnered with this significant brand to help bring Sotheby’s International Realty to Northeast Indiana. Our region has gone to great lengths and effort to upgrade our community offerings and amenities, and this investment has been noted by Mark and the team at Encore Sotheby’s International Realty,” says Reecer.
“This acquisition allows Encore Sotheby’s International Realty a greater footprint throughout Indiana and we are excited to have Lynn and this extraordinary group of real estate professionals join our team. The firm’s North Webster location will help provide our existing lake clients in the region a more local level of expertise and service,” says Zukerman. “Further, the market in Fort Wayne is exciting. As one of the country’s top 20 real estate markets in 2018, the potential growth in Northeast Indiana is exceptional. We are excited to continue our mission of offering an unparalleled level of service regardless of price.”
“Fort Wayne is referred to as the heart of the Midwest for its location and proximity to other key cities,” said Philip White, president and chief executive officer, Sotheby’s International Realty Affiliates LLC. “We are proud to have Encore Sotheby’s International Realty carry the brand into new markets in Indiana.”
The Sotheby’s International Realty network currently has more than 22,000 affiliated independent sales associates located in over 960 offices in 72 countries and territories worldwide. In 2017, the brand achieved a record global sales volume of $108 billion USD. Encore Sotheby’s International Realty listings are marketed on the sothebysrealty.com global website. In addition to the referral opportunities and widened exposure generated from this source, the firm’s brokers and clients will benefit from an association with the Sotheby’s auction house and worldwide Sotheby’s International Realty marketing programs.