ONE Sotheby’s International Realty announced a merger earlier this month with the South Beach firm Worldwide Properties, according to a Sotheby’s press release. Worldwide Properties, led by partners J. Eddy Martinez and Roland Ortiz, will join its 30 agents into the fold at Sotheby’s.
The merger marks Sotheby’s fourth in the last six months as part of their aggressive growth strategy in Miami.
“We have been in conversations with Eddy and Roland for a long time, and our negotiations took shape right before the disruption created by COVID-19,” said Daniel de la Vega, president of ONE Sotheby’s International Realty. “Now more than ever, we believe their expertise, strong credibility and connections in the market will strengthen our collective success in Miami and beyond.”
Worldwide Properties brings a staggering $80 million portfolio of properties, $26 million in pending sales and their expertise in the Miami coast.
“In an increasingly competitive marketplace, I have been craving more dedicated time for my clients, creating unique strategies for my properties and expanding my business as a trusted advisor,” Ortiz said. “Being able to rely on the technology, tools and marketing offered by ONE Sotheby’s International Network will help me energize this next phase of my career.”
“I am passionate about real estate in Miami Beach and at this point, we believe we can only grow by expanding our impact to reach a global buyer,”Martinez added. “We had been approached by several firms over the past four years, but it never felt like the right fit. I am excited about our future as part of the ONE Sotheby’s International Realty global network.”