Miami, Florida (PRWEB) April 08, 2013
Mayi De La Vega, CEO of One Sotheby’s International Realty, announced today that The Coto Group, the No. 1 ranked team in sales volume among hundreds of Key Biscayne agents, has joined the firm at the Key Biscayne office.
Led by Carlos Coto, The Coto Group brings more than 40 years of experience and a broad international network to ONE Sotheby’s International Realty. Consistently ranked among the top producers in the Greater Miami area, The Coto Group serves Key Biscayne, Brickell, Miami Beach, Sunny Isles, Coral Gables and Coconut Grove, distinguishing itself with its combination of enthusiasm, reliability, perseverance, and expertise.
Founder Carlos Coto has been a licensed real estate agent and investor since 1976. Consistently ranked among the top 15 Miami-Dade brokers, he is the No. 1 real estate broker in Key Biscayne with $50 million in sales in 2012. Formerly with Fortune International Realty, he is a graduate of University of Miami.
Carlos is joined by his daughter, Claudine Coto, the No. 7 Key Biscayne agent with $24 million in sales last year. She is a graduate of Middlebury College and holds an MBA from Northwestern University. He is also joined by his son, Victor Coto, a University of Florida graduate who holds an MBA from New York University. The Coto Group is fluent in Spanish and basic French and Portuguese.
“We are thrilled to welcome The Coto Group to ONE Sotheby’s International Realty,” said Beth Butler, President and COO of ONE Sotheby’s International Realty. “Their record of excellence and success, deep market knowledge, and international network align perfectly with our brand.”
“As the leader in international luxury real estate, ONE Sotheby’s is quickly moving to own the market in South Florida’s finest destinations with Key Biscayne at the top of the list,” said Carlos Coto. “As we lead the luxury home market with $74 million sold in 2012, together, ONE Sotheby’s and The Coto Group are a powerful force.”
“ONE Sotheby’s is the only truly global luxury real estate company,” said Claudine Coto. “As the marketing and technological leader in the industry, we are confident the firm will allow us to be more efficient and do what we love best – build one-on-one relationships with our clients and find the best matches for the properties we represent.”
“The energy and passion of the ONE Sotheby’s team is unmatched and we are excited about the extraordinary path we are taking together,” added Victor Coto.
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About ONE Sotheby’s International Realty
ONE Sotheby's International Realty is the fastest growing luxury real estate brokerage firm in South Florida. The firm has eight offices in Fort Lauderdale, Coral Gables, Miami Beach, Sunny Isles, Aventura, Brickell and Key Biscayne, and has recruited more than 300 agents in just four years. In 2012, ONE Sotheby’s International Realty achieved sales of more than $1.3 billion and was involved in six of Miami-Dade County’s 10 largest transactions last year, which ranged from $13.8 million to $47 million. Led by CEO Mayi De La Vega, the brokerage firm has realized a 30 percent growth year-over-year from 2011 and holds the majority market share of properties sold for over $1 million. An affiliate of the Sotheby's International Realty® brand, which currently has more than 12,800 sales associates throughout 660 offices in 47 countries and territories worldwide, ONE Sotheby's International Realty also benefits from an association with the venerable Sotheby's auction house, established in 1744. For more information, please visit http://www.onesothebysrealty.com.
About Sotheby's International Realty Affiliates, Inc.
Founded in 1976 to provide independent brokerages with a powerful marketing and referral program for luxury listings, the Sotheby’s International Realty network was designed to connect the finest independent real estate companies to the most prestigious clientele in the world. In February 2004, Realogy Corporation, a global provider of real estate and relocation services, entered into a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a full franchise system by Realogy’s subsidiary, Sotheby’s International Realty Affiliates LLC. Affiliations in the system are granted only to brokerages and individuals meeting strict qualifications. Sotheby’s International Realty Affiliates LLC supports its affiliates with a host of operational, marketing, recruiting, educational and business development resources. Franchise affiliates also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit http://www.sothebysrealty.com.