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ONE Sotheby’s acquires affiliate Nestler Poletto

by Morgan Mereday

ONE Sotheby’s International Realty announced the addition of affiliate brokerage Nestler Poletto Sotheby’s International Realty to their team, extending the firm’s presence into the Delray Beach and Boca Raton markets.  

According to a press release from ONE Sotheby’s, the NPSIR’s 80 agent firm will be added to ONE SIR’s network of over 900 real estate professionals, progressing the agency’s growth strategy of attracting industry talent. NPSIR is the firm’s fourth acquisition within just over a year, bringing its total number of offices to 17 and its total agent count to around 900.

“Delray Beach and Boca Raton have consistently shown growth in luxury sales each quarter and were the only missing pieces in ONE SIR’s South Florida portfolio,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “Nestler Poletto’s business model, like ONE SIR’s, focuses on a customer and agent-centric approach to real estate and we knew this was the perfect opportunity for us to expand our presence in the market.”   

The NPSIR luxury real estate firm was founded by Mark Nestler and John Poletto almost 30 years ago, and earned an award-winning reputation in 2017 after reporting more than $235 million in sales revenue.  

“We’re honored and privileged to join forces with another real estate powerhouse in the Sotheby’s brand, especially one that is growing with tremendous strength like ONE SIR,” said Mark Nestler in a news release on the acquisition.

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